Quantinno Capital Management LP Has $1.29 Million Stake in Idaho Strategic Resources, Inc. $IDR

Quantinno Capital Management LP raised its position in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) by 542.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 40,111 shares of the company’s stock after buying an additional 33,868 shares during the period. Quantinno Capital Management LP’s holdings in Idaho Strategic Resources were worth $1,288,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of IDR. State Street Corp boosted its position in Idaho Strategic Resources by 243.1% during the 4th quarter. State Street Corp now owns 890,401 shares of the company’s stock worth $35,883,000 after buying an additional 630,891 shares during the period. Pertento Partners LLP bought a new stake in Idaho Strategic Resources during the 4th quarter worth approximately $8,575,000. Geode Capital Management LLC increased its position in Idaho Strategic Resources by 127.1% in the 2nd quarter. Geode Capital Management LLC now owns 285,573 shares of the company’s stock valued at $3,736,000 after acquiring an additional 159,850 shares during the period. Invesco Ltd. acquired a new position in Idaho Strategic Resources in the 3rd quarter valued at approximately $5,351,000. Finally, Bridgewater Associates LP bought a new position in shares of Idaho Strategic Resources during the fourth quarter valued at $4,816,000. 8.70% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Zacks Research downgraded Idaho Strategic Resources from a “strong-buy” rating to a “hold” rating in a report on Friday, July 17th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Idaho Strategic Resources currently has an average rating of “Moderate Buy”.

Idaho Strategic Resources Stock Up 0.8%

Shares of NYSEAMERICAN:IDR opened at $31.89 on Friday. The company has a market capitalization of $504.18 million, a price-to-earnings ratio of 21.99 and a beta of 1.23. The company has a debt-to-equity ratio of 0.01, a current ratio of 12.77 and a quick ratio of 12.48. The business’s 50-day moving average is $32.03 and its 200-day moving average is $36.15. Idaho Strategic Resources, Inc. has a 1 year low of $22.31 and a 1 year high of $54.70.

Idaho Strategic Resources (NYSEAMERICAN:IDR) last announced its quarterly earnings data on Thursday, August 13th. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.01). Idaho Strategic Resources had a net margin of 44.00% and a return on equity of 21.86%. The company had revenue of $10.73 million for the quarter, compared to analyst estimates of $12.50 million. Equities research analysts predict that Idaho Strategic Resources, Inc. will post 1.38 earnings per share for the current year.

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.