For its third fiscal quarter (ending September 30), Idaho Strategic Resources Inc (NYSEAMERICAN: IDR) has reported a 400% increase in E.P.S. from $0.03 a year ago to $0.15 in the current quarter. For the latest four quarters through September 30, E.P.S. were $0.52 versus $0.12 for the same period a year ago — an increase of 333%.
Recent Price Action
Idaho Strategic Resources Inc (NYSEAMERICAN: IDR) stock closed at $13.39 on 11/4/24 after a major decline of -15.9%. Moreover, trading volume in this decline was exceptionally high at 220% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -21.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to fall short of the cost of capital, IDR is expected to continue to be a modest Value Eraser.
Idaho Strategic Resources has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Idaho Strategic Resources has a very low Appreciation Score of 3 but a very high Power Rating of 98, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment