Idaho Strategic Resources Inc (NYSEAMERICAN: IDR) stock closed at $6.00 on 11/24/23 after a major increase of 12.4%. The stock has risen 21.2% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
IDR’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to continue to be a modest Value Eraser.
Idaho Strategic Resources has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Idaho Strategic Resources has a very low Appreciation Score of 5 but a neutral Power Rating of 56, leading to the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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