Enhancing Capital LLC Takes Position in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR)

Enhancing Capital LLC purchased a new position in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 51,515 shares of the company’s stock, valued at approximately $525,000. Enhancing Capital LLC owned 0.38% of Idaho Strategic Resources as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of IDR. Raymond James Financial Inc. acquired a new position in Idaho Strategic Resources in the 4th quarter valued at $583,000. WR Wealth Planners LLC raised its stake in Idaho Strategic Resources by 114.9% in the fourth quarter. WR Wealth Planners LLC now owns 8,430 shares of the company’s stock valued at $86,000 after purchasing an additional 4,507 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Idaho Strategic Resources by 225.6% during the fourth quarter. Bank of New York Mellon Corp now owns 53,280 shares of the company’s stock worth $543,000 after purchasing an additional 36,914 shares during the period. Navellier & Associates Inc. grew its stake in Idaho Strategic Resources by 160.5% during the fourth quarter. Navellier & Associates Inc. now owns 129,767 shares of the company’s stock worth $1,322,000 after buying an additional 79,950 shares in the last quarter. Finally, D.A. Davidson & CO. raised its position in shares of Idaho Strategic Resources by 124.2% in the 4th quarter. D.A. Davidson & CO. now owns 58,222 shares of the company’s stock valued at $593,000 after buying an additional 32,250 shares in the last quarter. Institutional investors and hedge funds own 8.70% of the company’s stock.

Idaho Strategic Resources Stock Performance

Shares of IDR stock opened at €12.99 ($14.12) on Tuesday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 5.15 and a current ratio of 5.52. Idaho Strategic Resources, Inc. has a fifty-two week low of €7.59 ($8.25) and a fifty-two week high of €18.35 ($19.95). The firm has a market cap of $177.44 million, a P/E ratio of 25.47 and a beta of 0.80. The firm has a fifty day simple moving average of €11.96.

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.