Take off with Idaho Strategic Resources Inc (IDR): Get ready for trading

With 76086.0 shares changed hands, the volume of the stock remained lighter than its average volume of 0.27 million shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $10.3045 whereas the lowest price it dropped to was $9.92. The 52-week range on IDR shows that it touched its highest point at $18.35 and its lowest point at $5.66 during that stretch. It currently has a 1-year price target of $16.50. Beta for the stock currently stands at 0.77.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IDR was down-trending over the past week, with a drop of -11.11%, but this was down by -14.94% over a month. Three-month performance dropped to -33.20% while six-month performance rose 10.16%. The stock gained 62.58% in the past year, while it has gained 59.21% so far this year. A look at the trailing 12-month EPS for IDR yields 0.52 with Next year EPS estimates of 0.77. For the next quarter, that number is 0.16. This implies an EPS growth rate of 622.22% for this year and 18.46% for next year.

Float and Shares Shorts:

At present, 13.46 million IDR shares are outstanding with a float of 11.94 million shares on hand for trading. On 2024-11-29, short shares totaled 0.46 million, which was 339.0 higher than short shares on 1730332800. In addition to Mr. John A. Swallow as the firm’s Chairman of the Board, CEO & President, Mr. Grant A. Brackebusch P.E. serves as its Co-Founder, CFO, VP of Operations & Director.

Institutional Ownership:

Through their ownership of 0.18847 of IDR’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, IDR reported revenue of $6153287.0 and operating income of $1851534.0. The EBITDA in the recently reported quarter was $2506150.0 and diluted EPS was $0.15.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With IDR analysts setting a high price target of 16.5 and a low target of 16.5, the average target price over the next 12 months is 16.5. Based on these targets, IDR could surge 63.69% to reach the target high and rise by 63.69% to reach the target low. Reaching the average price target will result in a growth of 63.69% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.65 being high and $0.65 being low. For IDR, this leads to a yearly average estimate of $0.65. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.