Idaho Strategic Resources, Inc. engages in the exploring, developing, and extracting gold, silver, and base metal mineral resources in the Greater Coeur d'Alene Mining District of North Idaho and Western Montana. It owns 100% interest in the Golden Chest Mine that consists of 25 patented mining claims covering an area of 280 acres and 90 unpatented claims mine covering an area of 1,390 acres located in Murray, Idaho. The company was founded in 1996 and is headquartered in Coeur d'Alene, Idaho.
IPO Year: 2022
Exchange: AMEX
Website: https://www.idahostrategic.com
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Recent Study Indicates Favorable Rare Earth Elements Mix at Lemhi Pass - Abundant Concentrations of Magnet and Heavy REEs Relative to Many Current and Proposed REE Mines Globally COEUR D'ALENE, ID / ACCESSWIRE / November 13, 2024 / Idaho Strategic Resources, Inc. (NYSE:IDR) ("IDR" or the "Company") is pleased to provide an update on its extensive Idaho-based rare earth elements (REE) landholdings, including its plans for the 2025 REE exploration field season focusing on the Company's Lemhi Pass project.To recap, on November 15th, 2023 IDR announced impressive results from analysis of sampling at two prospects within its Lemhi Pass project (Idaho Strategic's Lemhi Trenching Returns Up to 5% T
Highlighted by an 86.39% Increase in Revenue and a 376.44% Increase in Net Income - IDR Continued its Strong Financial Performance Despite Increased Exploration Expense Leading to the Discovery of the Red Star Vein COEUR D'ALENE, ID / ACCESSWIRE / November 4, 2024 / Idaho Strategic Resources, Inc. (NYSE:IDR) ("IDR", "Idaho Strategic" or the "Company") today announced its consolidated operating and financial results for the second quarter ending September 30, 2024. IDR achieved an 86.39% increase in revenue and a 376.44% increase in net income compared to the second quarter of 2023. Key highlights include:Operational Performance:Q3 2024% ChangeQ3 2023Ore Tonnes Processed10,4700.38%10,430Avera
Drill Hole GC 24-258 intercepted 1.8 meters (m) of the Red Star Vein that assayed 34.1 grams per tonne (gpt) gold, which was part of a larger intercept of 9.3 meters assaying 8.2 gpt gold. COEUR D'ALENE, ID / ACCESSWIRE / October 10, 2024 / Idaho Strategic Resources (NYSE:IDR) ("IDR" or the "Company") is announcing a new high-grade gold discovery and preliminary highlights from the Golden Chest 2024 summer drill program. The Red Star Vein discovery occurred during a drill program targeting hangingwall veins in the Klondike area, located approximately 600 meters north of existing mining in the Skookum area at the Golden Chest mine.The Red Star Vein, like the nearby H-Vein, does not outcrop on
COEUR D'ALENE, ID / ACCESSWIRE / August 8, 2024 / Idaho Strategic Resources, Inc. (NYSE:IDR) ("IDR", "Idaho Strategic" or the "Company") is pleased to announce that its joint application with Shoshone County and the support of Avista Utilities to Idaho's Rural Community Investment Fund (RCIF) was awarded the maximum $430,000 allowable toward upgrades to public power infrastructure for the benefit of the unincorporated town of Murray, Idaho and Idaho Strategic's Golden Chest Mine, among others.The power infrastructure upgrade is expected to provide enough power to the Golden Chest Mine to service the planned addition of a paste backfill system and increased mine development efforts. Additiona
Highlighted by an 89.26% Increase in Revenue and a 558.30% Increase in Net Income - IDR's 6-Month Net Income in 2024 is Nearly 4x Last Year's Total Net IncomeCOEUR D'ALENE, ID / ACCESSWIRE / July 30, 2024 / Idaho Strategic Resources, Inc. (NYSE:IDR) ("IDR", "Idaho Strategic" or the "Company") today announced its consolidated operating and financial results for the second quarter ending June 30, 2024. IDR achieved an 89.26% increase in revenue and a 558.30% increase in net income compared to the second quarter of 2023. Key highlights include:OperationalPerformance: Q2 2024 % Change Q2 2023 Ore Tonnes Processed 9,260 -20.91%% 11,708 Average Flotation Feed Grade (gpt) 10.29 40.77% 7
COEUR D'ALENE, ID / ACCESSWIRE / July 23, 2024 / Idaho Strategic Resources, Inc. (NYSE:IDR) ("IDR", "Idaho Strategic" or the "Company") is pleased to announce that it has been selected to present at the 9th annual MicroCap Leadership Summit on Thursday, August 1st, 2024. The MicroCap Leadership Summit is a two-day event hosted by MicroCapClub at the Coeur d'Alene Resort in Coeur d'Alene, Idaho.Idaho Strategic management will provide a 15-minute Company presentation followed by a live Q&A session. Additionally, Idaho Strategic's President and CEO will host a dinner social event at his personal residence on the evening of August 1st and the Company will provide an underground tour of the Golde
Joint Collaboration to Aid Radiant Industries with the Development and Potential Deployment of Kaleidos - A Meltdown-Proof Microreactor Expected to Service Remote Mine Sites COEUR D'ALENE, ID / ACCESSWIRE / May 8, 2024 / Idaho Strategic Resources, Inc. (NYSE:IDR) ("IDR", "Idaho Strategic" or the "Company") today announced it has entered into a non-binding memorandum of understanding (MOU) with Radiant Industries, Inc. ("Radiant") to participate in the Kaleidos Frontier Pilot Program designed to aid Radiant in the development and planned deployment of their meltdown-proof portable microreactor, Kaleidos. The agreement establishes a pathway for Idaho Strategic and Radiant to operate one or mor
COEUR D'ALENE, ID / ACCESSWIRE / May 6, 2024 / Idaho Strategic Resources, Inc. (NYSE:IDR) ("IDR", "Idaho Strategic" or the "Company") is pleased to provide the following President's Letter to Stakeholders:First and most importantly, I want to start by acknowledging the impressive first quarter results released today. And while some may be quick to attribute our results to the strong performance of the gold price during the quarter, I believe that would be a disservice to our mine and mill operations team, years of work and the fact that you must be present to win. It is true that the price of gold during the quarter had a very meaningful impact to our Company's financials, but the metric I f
Highlighted by a 76.5% Increase in Revenue and a 35-Fold Increase in Net Income - Exceeding the Company's Total Net Income for 2023 COEUR D'ALENE, ID / ACCESSWIRE / May 6, 2024 / Idaho Strategic Resources, Inc. (NYSE:IDR) ("IDR", "Idaho Strategic" or the "Company") today announced its consolidated operating and financial results for the first quarter ending March 31, 2024. IDR achieved a 76.5% increase in revenue and a 35-fold increase in net income compared to the first quarter of 2023. Key highlights include:OperationalPerformance:Q1 2024% ChangeQ1 2023Ore Tonnes Processed10,300-7.6%11,144Average Flotation Feed Grade (gpt)10.3183.1%5.63Ounces Produced3,11680.6%1,725All-In Sustaining Cost P
Highlighted by a 42.6% Increase in Revenue and First Full Year of ProfitabilityCOEUR D'ALENE, ID / ACCESSWIRE / March 25, 2024 / Idaho Strategic Resources, Inc. (NYSE:IDR) ("IDR", "Idaho Strategic" or the "Company") today announced its consolidated operating and financial results for the year ending December 31, 2023. IDR achieved a 42.6% increase in revenue and a 35.1% increase in gold production over 2022.Idaho Strategic's CEO and President, John Swallow stated, "2023 proved to be a pivotal year for Idaho Strategic. At the end of 2022 we knew a year of blocking and tackling lay ahead and our team really delivered. Not only did we continue our track record of profitable gold production esta
Top Stories for May 8, 2024: 1. U.S. Gold (NYSE:USAU) announced that its subsidiary, Gold King, received a Surface Gold Mine Permit from the Wyoming Department of Environmental Quality, moving them closer to project development. President George Bee highlighted the clearance of major regulatory hurdles and ongoing progress toward obtaining final development authorizations. The remaining conditions for the mine operating permit include approval of a $5,010,000 reclamation bond, obtaining WYPDES and AQD permits and updating the approved mining plan accordingly. 2. Ivanhoe Electric (NYSE:IE) entered into a three-year Exploration Alliance Agreement with a subsidiary of BHP (NYS
1. Alpha Metallurgical (NYSE:AMR) reported first quarter net income of $127 million, or $9.59 per diluted share, adjusted EBITDA of $189.6 million and sales of $864 million. Despite softer coal market conditions, CEO Andy Eidson noted solid performance, although market deterioration has continued since the quarter ended. Segment coal sales costs dropped to $115.65 per ton in Q1 2024, down from $119 per ton in Q4 2023, while operating cash flow decreased to $196.1 million and capital expenditures increased to $63.6 million. Alpha’s share repurchase program authorized up to $1.5 billion and by April 30, 2024, the company repurchased 6.6 million shares for $1.1 billion, leaving 13
Idaho Strategic Resources (AMEX:IDR) reported quarterly earnings of $0.17 per share. The company reported quarterly sales of $5.899 million which beat the analyst consensus estimate of $4.900 million by 20.39 percent. This is a 76.51 percent increase over sales of $3.342 million the same period last year.
Roth MKM analyst Mike Niehuser maintains Idaho Strategic Resources (AMEX:IDR) with a Buy and raises the price target from $9 to $10.
Idaho Strategic Resources (AMEX:IDR) reported quarterly earnings of $0.02 per share which missed the analyst consensus estimate of $0.05 by 60 percent. This is a 140 percent increase over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $3.78 million which beat the analyst consensus estimate of $3.70 million by 2.08 percent. This is a 10.05 percent increase over sales of $3.43 million the same period last year.
Idaho Strategic Resources (AMEX:IDR) reported its Q4 earnings results on Monday, March 25, 2024 at 06:30 AM. Here's what investors need to know about the announcement. Earnings Idaho Strategic Resources missed estimated earnings by -60.0%, reporting an EPS of $0.02 versus an estimate of $0.05. Revenue was up $345 thousand from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.02 which was followed by a 4.0% drop in the share price the next day. Here's a look at Idaho Strategic Resources's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.01 0.01 -0.02 -0.02 EPS Actual 0.03 0.03 0.01 0.05 Revenue Estimate 3.50M 3.
Top Stories for Feb. 12, 2024: 1. Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP) announced a base price increase of 7% to 12% for its premium products, effective immediately. Current material and energy surcharges will also remain in effect. Vice President of Sales and Marketing Brian Kane commented, “The price adjustment is necessary to continue investments needed to support the demand from specialty steel markets.” 2. Warrior Met Coal, Inc. (NYSE:HCC) said its board of directors approved a 14% increase to its quarterly cash dividend. On Feb. 9, 2024, the board declared a dividend of $0.08 to be paid to all shareholders as of the close of Feb. 20, 2024, on Feb. 26, 2024. Also
Top Stories for Jan. 24, 2024: 1. GoldMining Inc. (NYSE:GLDG) reported positive results from its 2023 drilling program at Alaska's Whistler Gold-Copper Project, executed by its subsidiary U.S. GoldMining Inc. The program's highlight was the confirmation of a high-grade gold and copper core near the surface, with the most notable drill result revealing 547 meters at 1.06 grams per ton gold equivalent, suggesting potential for further exploration and expansion. The company plans more drilling in 2024 to further explore the depth of the Whistler Deposit and is financially well positioned, holding approximately $129 million in cash and investments, including an 80% interest in U.S. GoldMining
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4 - Idaho Strategic Resources, Inc. (0001030192) (Issuer)
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8-K - Idaho Strategic Resources, Inc. (0001030192) (Filer)
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8-K - Idaho Strategic Resources, Inc. (0001030192) (Filer)
8-K - Idaho Strategic Resources, Inc. (0001030192) (Filer)
10-Q - Idaho Strategic Resources, Inc. (0001030192) (Filer)
8-K - Idaho Strategic Resources, Inc. (0001030192) (Filer)
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8-K - Idaho Strategic Resources, Inc. (0001030192) (Filer)
8-K - Idaho Strategic Resources, Inc. (0001030192) (Filer)
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