ZACKSยท2025-09-22 13:10Company 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]