Idaho Strategic Resources (NYSEAMERICAN:IDR) Shares Pass Above 200 Day Moving Average – What’s Next?

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €0.00 ($0.00) and traded as high as €14.39 ($15.47). Idaho Strategic Resources shares last traded at €13.94 ($14.99), with a volume of 186,500 shares changing hands.

Idaho Strategic Resources Stock Performance

The stock’s 50 day simple moving average is €12.38. The company has a current ratio of 5.52, a quick ratio of 5.15 and a debt-to-equity ratio of 0.06. The firm has a market cap of $189.05 million, a PE ratio of 27.14 and a beta of 0.80.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its position in Idaho Strategic Resources by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 118,134 shares of the company’s stock valued at $1,205,000 after purchasing an additional 2,833 shares during the last quarter. WR Wealth Planners LLC boosted 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 worth $86,000 after buying an additional 4,507 shares in the last quarter. Quantbot Technologies LP bought a new position in Idaho Strategic Resources during the third quarter valued at approximately $79,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Idaho Strategic Resources in the 3rd quarter worth approximately $90,000. Finally, Barclays PLC boosted its stake in shares of Idaho Strategic Resources by 10,713.2% in the 3rd quarter. Barclays PLC now owns 9,840 shares of the company’s stock valued at $158,000 after purchasing an additional 9,749 shares in the last quarter. Institutional investors own 8.70% of the company’s stock.

About Idaho Strategic Resources

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.