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Idaho Strategic Resources (IDR) Moves 6.0% Higher: Will This Strength Last?
ZACKS· 2025-09-22 13:10
Company Overview - Idaho Strategic Resources, Inc. (IDR) shares increased by 6% to $30.91 in the last trading session, with a notable trading volume, contributing to a total gain of 19.7% over the past four weeks [1] - The company is expected to report quarterly earnings of $0.19 per share, reflecting a year-over-year increase of 26.7%, with revenues projected at $9.4 million, up 52.9% from the previous year [3] Market Context - The rise in IDR shares is attributed to soaring gold prices, which have increased by 40.4% year-to-date, driven by safe-haven buying amid geopolitical tensions and expectations of further U.S. Federal Reserve rate cuts [2] - The Federal Reserve recently lowered interest rates by 25 basis points and hinted at the possibility of two additional cuts this year [2] Industry Position - Idaho Strategic Resources has been included in the VanEck Junior Gold Miners ETF (GDXJ) and the Russell 3000 index, enhancing its visibility among retail and institutional investors [3] - The company operates within the Zacks Mining - Gold industry, where AngloGold Ashanti (AU) also saw a 5% increase in its stock price, with a 17.8% return over the past month [6] Earnings Estimate Trends - Despite positive earnings and revenue growth expectations, the consensus EPS estimate for IDR has been revised 5% lower in the last 30 days, indicating a potential negative trend in earnings estimate revisions [5] - Empirical research suggests that trends in earnings estimate revisions are closely linked to near-term stock price movements, which may impact IDR's future performance [4]
Idaho Strategic Announces Inclusion in Global Junior Gold Miners Index
Accessnewswire· 2025-09-16 11:00
Group 1 - Idaho Strategic Resources, Inc. has been added to the VanEck Junior Gold Miners ETF (GDXJ) as part of its quarterly review and rebalancing [1] - The inclusion is expected to be effective at market close on September 19th, 2025 [1] - This milestone follows the company's previous inclusion in the Russell 3000 index, enhancing its visibility among retail and institutional investors [1]
Idaho Strategic Continues Drilling High-Grade Gold Within Broad Zones of Mineralization at the Red Star Area of the Golden Chest Mine
Accessnewswire· 2025-09-11 11:00
Core Insights - Idaho Strategic Resources (IDR) reported high-grade gold intercepts from the Red Star area of the Golden Chest mine, with notable drill hole GC 24-276 returning 5.13 grams per tonne (gpt) over 13.5 meters, including 14.72 gpt over 2.3 meters [1] Group 1 - The completion of underground drill stations at the 941-level of the Golden Chest Mine enhances drill hole orientations and increases available targets within the Red Star area [1] - The Red Star area was initially discovered in October 2024 during a drill program targeting H-Vein extensions [1] - The new drill results indicate additional high-grade gold intercepts within broader zones of gold mineralization [1]
Idaho Strategic Resources, Inc. (IDR) Is Up 10.53% in One Week: What You Should Know
ZACKS· 2025-09-03 17:01
Company Overview - Idaho Strategic Resources, Inc. (IDR) currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting a favorable outlook compared to the market [3] Momentum Performance - IDR shares have increased by 10.53% over the past week, outperforming the Zacks Mining - Gold industry, which rose by 4.64% during the same period [5] - Over the last month, IDR's price change is 37.31%, significantly higher than the industry's 13.99% [5] - In the last quarter, IDR shares have surged by 100.68%, and over the past year, they have gained 101.29%, while the S&P 500 has only moved 8.34% and 14.94%, respectively [6] Trading Volume - The average 20-day trading volume for IDR is 523,260 shares, which is a useful indicator of market interest and momentum [7] Earnings Outlook - In the past two months, one earnings estimate for IDR has increased, while none have decreased, raising the consensus estimate from $0.52 to $0.76 [9] - For the next fiscal year, one estimate has also moved upwards with no downward revisions [9] Conclusion - Considering the strong momentum indicators and positive earnings outlook, IDR is positioned as a solid momentum pick with a 2 (Buy) rating and a Momentum Score of A [11]
4 Top-Ranked Gold Stocks to Buy as Prices Hit Record Highs
ZACKS· 2025-09-02 14:41
Core Insights - Gold prices have reached a new all-time high, surpassing $3,500 an ounce, driven by safe-haven demand amid geopolitical and economic uncertainties [1][10] - The price of gold has increased over 30% in 2025, with a continuous rally for six sessions [2][10] - Key factors contributing to gold's rise include expectations of Federal Reserve rate cuts, a weaker U.S. dollar, concerns over Fed independence, and ongoing geopolitical risks [4][5][6][7] Gold Market Dynamics - Expectations of Fed Rate Cuts: Market anticipates a 90% probability of a 25-basis-point cut at the upcoming Fed meeting, making gold more attractive as lower rates diminish the appeal of yield-bearing assets [4] - A Weaker Dollar: The U.S. Dollar Index has fallen approximately 10%, making gold cheaper for international buyers and boosting global demand [5] - Concerns Over Fed Independence: Political pressure on the Fed has raised doubts about its independence, enhancing gold's appeal as a safe-haven asset [6] - Lingering Geopolitical and Economic Uncertainty: Ongoing trade tensions and fragile economic growth continue to drive investors towards gold for stability [7] Investment Opportunities - Agnico Eagle Mines Limited (AEM): A leading gold producer with strong financials, including a nearly doubled operating cash flow to $1.8 billion in Q2 2025 and a solid project pipeline [8][9] - Idaho Strategic Resources Inc. (IDR): Combines gold production with rare earth elements, ramping up exploration at its Golden Chest Mine while maintaining a low debt profile [12][13] - Harmony Gold Mining Company Limited (HMY): South Africa's largest gold producer, with significant cash reserves and a projected 128% year-over-year EPS growth for fiscal 2026 [15][16][17] - Gold Fields Limited (GFI): One of the largest unhedged gold producers, showing impressive financial performance with a 94% year-over-year EPS growth estimate for 2025 [18][19][20]
MP vs. IDR: Which Rare Earth Stock is the Smarter Buy Now?
ZACKS· 2025-08-27 17:56
Core Insights - MP Materials and Idaho Strategic Resources are key players in the U.S. critical minerals sector, focusing on rare earth elements and gold production respectively [2][3][4]. MP Materials - MP Materials is the largest producer of rare earth materials in the Western Hemisphere, with a market capitalization of $12.4 billion [2]. - In Q2 2025, MP Materials reported revenues of $57.4 million, an 84% increase year-over-year, driven by a 119% increase in NdPr production [5]. - The company produced 597 metric tons of NdPr and 13,145 metric tons of rare earth oxides, marking a 45% increase in REO production [5]. - The Materials segment's revenues rose 20% to $37.5 million, while the Magnetics segment generated $19.9 million in revenues [6]. - Despite revenue growth, MP Materials reported a loss of 13 cents per share due to higher production costs and expenses, compared to a loss of 17 cents in Q2 2024 [7]. - A significant long-term agreement with Apple to supply rare earth magnets from recycled materials was announced in July [8]. - MP Materials is collaborating with the U.S. Department of Defense to develop a domestic rare earth magnet supply chain, with plans for a new manufacturing facility [9]. - As of December 31, 2024, MP Materials' proven and probable reserves were estimated at 2.04 million short tons of REO, with a mine life of 29 years [10][11]. - The stock has surged 348% year-to-date, reflecting strong market performance [10][22]. - The Zacks Consensus Estimate for fiscal 2025 earnings is a loss of 32 cents per share, with a projected return to profitability in fiscal 2026 [19]. Idaho Strategic Resources - Idaho Strategic Resources is a gold producer with a market capitalization of approximately $385 million, owning the largest rare earth elements land package in the U.S. [3]. - In Q2 2025, Idaho Strategic's revenues increased 54.7% to $9.5 million, driven by a 57.7% rise in average realized gold prices [15]. - The company produced 3,010 ounces of gold, a 3.7% increase, and reported earnings of 20 cents per share, up 17.65% [15]. - Exploration costs surged by 262%, impacting earnings despite revenue growth [16]. - Idaho Strategic is planning its largest exploration program to date in 2025, focusing on REE and thorium [14][18]. - The company signed a memorandum of understanding with Clean Core Thorium Energy to explore thorium mining and processing [17]. - The Zacks Consensus Estimate for fiscal 2025 earnings is 76 cents per share, indicating a year-over-year increase of 13.4% [20]. Comparative Analysis - MP Materials is trading at a forward price-to-sales ratio of 24.59X, while Idaho Strategic is at 11.05X, indicating a premium valuation for MP [24]. - Both companies are ranked 2 (Buy) by Zacks, making the choice between them challenging [26]. - MP Materials is recognized for its strong production results and strategic partnerships, while Idaho Strategic offers unique exposure to both gold and rare earths [25][27].
Are Basic Materials Stocks Lagging Idaho Strategic Resources (IDR) This Year?
ZACKS· 2025-08-19 14:41
Group 1 - Idaho Strategic Resources, Inc. (IDR) is currently outperforming the Basic Materials sector with a year-to-date gain of approximately 163.6%, compared to the sector's average return of 14.2% [4] - The Zacks Consensus Estimate for IDR's full-year earnings has increased by 46.2% over the past three months, indicating improved analyst sentiment and a more positive earnings outlook [4] - IDR holds a Zacks Rank of 2 (Buy), suggesting it has favorable characteristics to outperform the market in the near term [3] Group 2 - Idaho Strategic Resources, Inc. is part of the Mining - Gold industry, which has seen an average gain of 72% year-to-date, indicating that IDR is performing well within its specific industry [6] - In comparison, Denison Mine (DNN), another Basic Materials stock, has gained 14.4% year-to-date and belongs to the Mining - Miscellaneous industry, which is ranked 149 and has increased by 16.7% this year [5][6] - The Basic Materials sector includes 238 individual stocks and currently holds a Zacks Sector Rank of 14 out of 16 groups [2]
Are You Looking for a Top Momentum Pick? Why Idaho Strategic Resources, Inc. (IDR) is a Great Choice
ZACKS· 2025-08-15 17:01
Company Overview - Idaho Strategic Resources, Inc. (IDR) currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy) [3][4] - The company has shown significant price performance, with shares increasing 108.85% over the past quarter and 162.49% over the last year [7] Price Performance - IDR shares are up 42.95% over the past week, outperforming the Zacks Mining - Gold industry, which is up 7.4% during the same period [6] - The monthly price change for IDR is 28.39%, compared to the industry's performance of 9.24% [6] Trading Volume - The average 20-day trading volume for IDR is 491,045 shares, indicating a bullish sign as the stock is rising with above-average volume [8] Earnings Outlook - Over the past two months, one earnings estimate for IDR has moved higher, increasing the consensus estimate from $0.52 to $0.76 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period [10] Conclusion - Considering the strong price performance, positive earnings outlook, and favorable trading volume, IDR is positioned as a promising momentum pick [12]
Earnings Estimates Moving Higher for Idaho Strategic Resources (IDR): Time to Buy?
ZACKS· 2025-08-11 17:21
Core Viewpoint - Investors are encouraged to consider Idaho Strategic Resources, Inc. (IDR) due to solid improvements in earnings estimates and positive short-term price momentum [1][10]. Earnings Estimates - Analysts have shown growing optimism regarding the earnings prospects of Idaho Strategic Resources, leading to higher earnings estimates, which are expected to positively impact the stock price [2]. - The consensus earnings estimate for the current quarter is $0.20 per share, reflecting a year-over-year increase of +33.3% [6]. - For the full year, the expected earnings are $0.76 per share, indicating a year-over-year change of +13.4% [7]. Estimate Revisions - Over the past 30 days, the Zacks Consensus Estimate for Idaho Strategic Resources has increased by 25%, with one estimate moving higher and no negative revisions [6]. - The consensus estimate for the full year has increased by 24.59% due to favorable revisions [8]. Zacks Rank - Idaho Strategic Resources currently holds a Zacks Rank 2 (Buy), indicating promising estimate revisions and a strong potential for outperformance [9]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [9]. Stock Performance - Shares of Idaho Strategic Resources have increased by 47% over the past four weeks, suggesting strong investor confidence in its earnings growth prospects [10].
What Makes Idaho Strategic Resources (IDR) a Good Fit for 'Trend Investing'
ZACKS· 2025-08-08 13:51
Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for profitable short-term investing, highlighting Idaho Strategic Resources, Inc. (IDR) as a strong candidate due to its recent price performance and positive fundamentals [1][2][4]. Group 1: Stock Performance - IDR has experienced a significant price increase of 76.4% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also seen a price increase of 39.4% in the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, IDR is trading at 99% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - IDR holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The article suggests using the "Recent Price Strength" screen to identify stocks like IDR that are on an uptrend supported by strong fundamentals [3][8]. - It also mentions that there are over 45 Zacks Premium Screens available for investors to find winning stock picks based on their personal investing styles [8].