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Idaho Strategic Resources vs Namib Minerals

Namib Minerals is the larger business, with $82.6m of revenue in fiscal 2025 against $42.4m for Idaho Strategic Resources (1.9 times as much). Idaho Strategic Resources grew faster (64.6% against -3.8%). Namib Minerals kept more of each dollar of sales as profit: a net margin of 122.5% against 39.4%. Idaho Strategic Resources carries less debt relative to equity (3.1% against 7.4%).

Latest fiscal yearIdaho Strategic ResourcesIDR, 2025Namib MineralsNAMM, 2025
Revenue $42.4m $82.6m
Revenue growth 64.6% -3.8%
Net income $16.7m $101m
Operating margin 36.8% —
Net margin 39.4% 122.5%
Return on equity 22.9% —
Free cash flow $12.4m $2.5m
Cash $9.9m $1.9m
Total debt $3.4m $5.2m
Debt to equity 3.1% 7.4%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees — —
Market value $300m $40.6m
Price vs our value range Below our value range —
Moat score 25 (Weak) —
Insider trades, 12 months 0 buys, 4 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.