Centiva Capital LP Buys Shares of 14,752 Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR)

Centiva Capital LP acquired a new position in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 14,752 shares of the company’s stock, valued at approximately $237,000. Centiva Capital LP owned about 0.11% of Idaho Strategic Resources at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. Eastern Bank bought a new stake in Idaho Strategic Resources in the 3rd quarter valued at $40,000. WR Wealth Planners LLC boosted its holdings in shares of Idaho Strategic Resources by 145.2% in the 2nd quarter. WR Wealth Planners LLC now owns 3,923 shares of the company’s stock valued at $39,000 after purchasing an additional 2,323 shares in the last quarter. Quantbot Technologies LP bought a new position in Idaho Strategic Resources in the third quarter valued at about $79,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Idaho Strategic Resources in the 3rd quarter valued at approximately $90,000. Finally, Dimensional Fund Advisors LP bought a new stake in Idaho Strategic Resources during the 2nd quarter worth $108,000. 8.70% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, insider Monique D. Hayes sold 7,746 shares of the business’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of €11.51 ($12.12), for a total transaction of €89,156.46 ($93,848.91). Following the transaction, the insider now owns 27,670 shares in the company, valued at €318,481.70 ($335,243.89). The trade was a 21.87 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO John Swallow sold 225,000 shares of the firm’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of €13.04 ($13.73), for a total transaction of €2,934,000.00 ($3,088,421.05). Following the completion of the sale, the chief executive officer now owns 955,248 shares of the company’s stock, valued at €12,456,433.92 ($13,112,035.71). This trade represents a 19.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 12.66% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Roth Mkm upped their price target on shares of Idaho Strategic Resources from $10.00 to $14.00 and gave the company a “buy” rating in a research report on Monday, August 26th.

Idaho Strategic Resources Stock Performance

Shares of NYSEAMERICAN IDR opened at €12.76 ($13.43) on Thursday. Idaho Strategic Resources, Inc. has a 52 week low of €5.58 ($5.87) and a 52 week high of €18.35 ($19.32). The stock has a market capitalization of $174.30 million, a price-to-earnings ratio of 25.02 and a beta of 0.74. The company has a quick ratio of 5.15, a current ratio of 5.52 and a debt-to-equity ratio of 0.06.

Idaho Strategic Resources (NYSEAMERICAN:IDR) last announced its earnings results on Monday, November 4th. The company reported €0.15 ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of €0.21 ($0.22) by (€0.06) (($0.06)). Idaho Strategic Resources had a return on equity of 24.55% and a net margin of 30.44%. The company had revenue of €6.15 million during the quarter, compared to analysts’ expectations of €7.40 million. On average, equities research analysts expect that Idaho Strategic Resources, Inc. will post 0.71 EPS for the current fiscal year.

Idaho Strategic Resources Company Profile

Idaho Strategic Resources, Inc, a resource-based company, engages in exploring for, developing, and extracting gold, silver, and base metal mineral resources in the Greater Coeur d'Alene Mining District of North Idaho. Its portfolio of mineral properties includes the Golden Chest Mine, a producing gold mine located in the Murray Gold Belt (MGB) of North Idaho; approximately 1,500 acres of patented mineral property and approximately 5,000 acres of nearby and adjacent un-patented mineral property located within the MGB; rare earth element projects located in the Idaho REE-Th Belt near Salmon, Idaho; and early-stage exploration properties in Central Idaho.