Geode Capital Management LLC Has $1.85 Million Holdings in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR)

Geode Capital Management LLC increased its position in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) by 9.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 115,301 shares of the company’s stock after buying an additional 9,991 shares during the period. Geode Capital Management LLC’s holdings in Idaho Strategic Resources were worth $1,854,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of IDR. Brighton Jones LLC bought a new stake in shares of Idaho Strategic Resources in the second quarter valued at approximately $496,000. State Street Corp raised its stake in Idaho Strategic Resources by 245.5% during the 3rd quarter. State Street Corp now owns 38,700 shares of the company’s stock valued at $622,000 after purchasing an additional 27,500 shares during the last quarter. D.A. Davidson & CO. bought a new stake in Idaho Strategic Resources in the 3rd quarter valued at $417,000. Navellier & Associates Inc. grew its position in Idaho Strategic Resources by 104.6% in the 3rd quarter. Navellier & Associates Inc. now owns 49,817 shares of the company’s stock worth $801,000 after purchasing an additional 25,469 shares during the last quarter. Finally, Centiva Capital LP bought a new position in shares of Idaho Strategic Resources during the 3rd quarter worth about $237,000. Institutional investors and hedge funds own 8.70% of the company’s stock.

Insider Buying and Selling

In related news, CEO John Swallow sold 225,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of €13.04 ($13.44), for a total transaction of €2,934,000.00 ($3,024,742.27). Following the completion of the transaction, the chief executive officer now owns 955,248 shares in the company, valued at €12,456,433.92 ($12,841,684.45). This trade represents a 19.06 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Monique D. Hayes sold 7,746 shares of the stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of €11.51 ($11.87), for a total value of €89,156.46 ($91,913.88). Following the transaction, the insider now owns 27,670 shares of the company’s stock, valued at €318,481.70 ($328,331.65). This represents a 21.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 12.66% of the stock is owned by company insiders.

Idaho Strategic Resources Stock Down 1.3 %

Shares of IDR opened at €10.22 ($10.54) on Thursday. 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, Inc. has a 52 week low of €5.66 ($5.84) and a 52 week high of €18.35 ($18.92). The stock has a market cap of $139.61 million, a PE ratio of 20.04 and a beta of 0.74.

Idaho Strategic Resources (NYSEAMERICAN:IDR) last posted 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)). Idaho Strategic Resources had a net margin of 30.44% and a return on equity of 24.55%. The firm had revenue of €6.15 million during the quarter, compared to analyst estimates of €7.40 million. On average, research analysts anticipate that Idaho Strategic Resources, Inc. will post 0.71 earnings per share 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.