Idaho Strategic Resources, Inc. (IDR) Is Up 10.53% in One Week: What You Should Know

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]