State Street Corp Grows Position in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR)

State Street Corp grew its stake in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) by 245.5% during the 3rd quarter, Holdings Channel reports. The fund owned 38,700 shares of the company’s stock after acquiring an additional 27,500 shares during the period. State Street Corp’s holdings in Idaho Strategic Resources were worth $622,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Eastern Bank acquired a new position in Idaho Strategic Resources in the 3rd quarter valued at $40,000. Quantbot Technologies LP purchased a new stake in shares of Idaho Strategic Resources in the third quarter valued at $79,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Idaho Strategic Resources in the third quarter valued at $90,000. Dimensional Fund Advisors LP purchased a new position in Idaho Strategic Resources during the second quarter worth about $108,000. Finally, Centiva Capital LP acquired a new stake in Idaho Strategic Resources in the 3rd quarter worth about $237,000. Institutional investors and hedge funds own 8.70% of the company’s stock.

Idaho Strategic Resources Stock Down 0.9 %

NYSEAMERICAN IDR opened at €10.47 ($10.79) on Friday. The stock has a market cap of $143.02 million, a PE ratio of 20.53 and a beta of 0.74. Idaho Strategic Resources, Inc. has a 12 month low of €5.66 ($5.84) and a 12 month high of €18.35 ($18.92). The company has a debt-to-equity ratio of 0.06, a current ratio of 5.52 and a quick ratio of 5.15.

Idaho Strategic Resources (NYSEAMERICAN:IDR) last issued its quarterly earnings results on Monday, November 4th. The company reported €0.15 ($0.15) EPS for the quarter, missing the consensus estimate of €0.21 ($0.22) by (€0.06) (($0.06)). The company had revenue of €6.15 million for the quarter, compared to analyst estimates of €7.40 million. Idaho Strategic Resources had a return on equity of 24.55% and a net margin of 30.44%. On average, sell-side analysts forecast that Idaho Strategic Resources, Inc. will post 0.71 EPS for the current year.

Insider Buying and Selling

In other Idaho Strategic Resources news, 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 ($13.44), for a total value of €2,934,000.00 ($3,024,742.27). Following the transaction, the chief executive officer now directly owns 955,248 shares of the company’s stock, valued at €12,456,433.92 ($12,841,684.45). This trade represents a 19.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Monique D. Hayes sold 7,746 shares of the stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of €11.51 ($11.87), for a total value of €89,156.46 ($91,913.88). Following the completion of the sale, the insider now owns 27,670 shares of the company’s stock, valued at approximately €318,481.70 ($328,331.65). This trade represents a 21.87 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 12.66% of the company’s stock.

Idaho Strategic Resources 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.