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Idaho Strategic Resources, Inc. (IDR) stock

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NYSE: IDR NYSE Gold Next results ~November 11, 2026

C+ Fundamentals grade

Idaho Strategic Resources, Inc. is a US-listed company in the gold industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$28

Cash-flow model

Base case. Range ~$21–$36 across our lower- and higher-growth cases (8%–18% a year).

Price vs value

Undervalued

The price is below our entire value range; our base value is 46% above it.

Price used: $18.94, November 3, 2026

Idaho Strategic Resources, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 3 selling0 purchases and 4 sales by directors and officers, last 12 monthsInsider trades
  • Funds77 adding, 59 cuttingOf 25 active managers that changed their stake, 18 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Idaho Strategic Resources files

Where Idaho Strategic Resources stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $51m, up 66.8% on a year earlier, slower than the 82.8% growth a quarter earlier. That growth ranks 6 of 111 among the materials companies we cover. Free-cash-flow margin rose to 33.0% from 24.7% a year earlier. Operating margin widened to 45.1% from 26.6%. The diluted share count is up 14.4% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades B. It passes 6 of our 6 financial-health checks. Our cash-flow model value is $28.99 a share.

Source: 10-Q filed August 13, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 11, 2026 (estimated)

Idaho Strategic Resources, Inc.'s trailing-twelve-month revenue grew 66.8% year on year, with a free-cash-flow margin of 33.0%. Where it lags: change in growth rate of -16.0pp ranks 22 of 23 gold companies we cover.

Our discounted-cash-flow model values the business at ~$28 per share in the base case (~$21–$36 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Balance sheet growing far ahead of sales: Total assets grew 125% year over year while revenue grew 67% — the balance sheet is expanding 59 points faster than the business it supports.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Priced below our value. The share price of $19.61 is 41% below our value per share of $28.
  • Fast growth. Revenue grew 66.8% over the last 12 months, against a median of 55.1% for gold companies we cover.
  • High operating margin. 45.1% of revenue is left as operating profit, against a median of 41.2% for gold companies we cover.
  • Margins widening. Operating margin is up 18.5 points on a year ago.
  • Strong cash generation. 33.0% of revenue turned into free cash flow, against a median of 28.2% for gold companies we cover.

Things to watch

  • Growth slowing. The growth rate is 16.0 points lower than a quarter earlier.
  • Share dilution. Diluted shares rose 14.4% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 77% and a beta of 3.0 against the S&P 500.
  • Weak cash conversion. Free cash flow was 75% of net income over the last 12 months.
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.
  • Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 6.6% over 90 days.

Latest results: FY2026 Q2

Filed August 13, 2026
Earnings per share
$0.23 against an average estimate of $0.25: missed by 8.0%
Revenue
$11m, up 13.2% on a year earlier
Next report
November 11, 2026

Idaho Strategic Resources' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-3.4%
  • 1 week-8.2%
  • 1 month-31.5%
  • This year-51.3%
  • 1 year-41.2%
  • 5 years+187.8%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$50.9M
Operating margin
45.1%
Net margin
44.0%
EPS (TTM, diluted)
$1.42

Growth

Revenue growth
+66.8%
Change in growth rate
−16.0 pts
Share count change
+14.4%

Cash

Free cash flow (TTM)
$16.8M
FCF margin
33.0%
Stock pay % of revenue
1.6%

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Idaho Strategic Resources, Inc. valuation models and calculator

What the price is pricing in

The share price implies about 4.4% a year of cash-flow growth for five years.That is slower than the 46.1% a year revenue growth Idaho Strategic Resources has delivered.

  • Priced in4.4%
  • Last 12 months66.8%
  • 3 years a year63.0%
  • 5 years a year46.1%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($18.86, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Buy12-month view
12-month price target
~$28
Price used
$18.86close November 3, 2026
Implied change
▲ +47%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Idaho Strategic Resources, Inc.'s free cash flow after stock-based pay with after-tax interest added back ($13.9M, FY2026 Q2 TTM), growing 9.5% and 11.1% in the next two years (forecasts, guidance and its record), then back to 13% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$21–~$36 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Idaho Strategic Resources, Inc.'s free cash flow after stock-based pay ( $13.9M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Idaho Strategic Resources, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 10.1%: the 10-year Treasury yield (4.9%) plus a beta of 1.14 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$28 ~$21–$36 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$19 ~$18–$38 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$11 ~$7.7–$17 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$11 ~$9.6–$13 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$19 ~$11–$28 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Idaho Strategic Resources, Inc. with Gold in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −23%
  • Revenue growth 5 points higher ▲ +29%
  • Free-cash-flow margin 1 point lower ▼ −3%
  • Last year's free-cash-flow margin change, if it persists ▲ +32%
  • Discount rate 1 point higher ▼ −15%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $15$19$25$33$44$57
8.5% $12$15$19$25$32$42
10% $10$13$16$20$26$33

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$1.26$1.68$2.13$2.24$1.90$3.68$7.44$5.70$6.33$10.19$40.30$19.61
Market value$8m$11m$16m$20m$17m$34m$76m$67m$78m$134m$592m$308m
+ Net debt (− = net cash)$2m$1m$244161$393097$987728−$180241$640104$1m$1m$1m−$7m−$5m
Enterprise value$10m$12m$17m$20m$18m$34m$76m$69m$79m$136m$586m$303m
Multiples
Price / sales 4.4x20.9x3.8x5.4x3.0x6.0x9.9x7.0x5.7x5.2x14.0x6.1x
Price / earnings ———26.0x————67.0x15.2x35.4x13.8x
Price / free cash flow n/m—34.0x—————58.3x15.6x47.8x18.4x
EV / EBITDA ——36.7x16.7x————31.7x13.1x32.7x11.8x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

25 /100

Weak moat

How hard Idaho Strategic Resources's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median -0.4% of total assets over 10 years.

  • Pricing power 0 / 20

    Gross margin has been a median 12.8%, moving by 23.2 percentage points (standard deviation) across 9 years.

  • Durability 10 / 20

    Operating margin has been a median -8.5%; its worst year was -52.9%.

  • Cash conversion 7 / 20

    Free cash flow was positive in 5 of 10 years, at a median 4.2% of revenue.

  • Discipline 8 / 20

    The diluted share count rose 86.4% over five years; stock-based pay has been a median 3.3% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 11, 2026. Analysts expect revenue of $14m for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $1.39 +22% $54m +27%
Next $1.41 +1% $53m −1%

Next year's EPS estimate has moved −6.6% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −8.6% on 90 days ago. In the last 30 days, 0 analysts raised Idaho Strategic Resources, Inc.'s forecast and 1 cut it.

Consensus EPS forecast Idaho Strategic Resources, Inc., last 90 days
$1.35 $1.40 $1.45 $1.50 $1.55 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.52 Current fiscal year, 60 days ago: $1.52 Current fiscal year, 30 days ago: $1.52 Current fiscal year, 7 days ago: $1.41 Current fiscal year, Now: $1.39 $1.39 Next fiscal year, 90 days ago: $1.51 Next fiscal year, 60 days ago: $1.51 Next fiscal year, 30 days ago: $1.51 Next fiscal year, 7 days ago: $1.48 Next fiscal year, Now: $1.41 $1.41

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $1.52$1.51
60 days ago $1.52$1.51
30 days ago $1.52$1.51
7 days ago $1.41$1.48
Now $1.39$1.41

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.25 $0.23 −8.0%
Mar 2026 $0.43 $0.40 −7.0%
Dec 2025 $0.20 $0.63 +215.0%
Sept 2025 $0.19 $0.20 +5.3%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows Idaho Strategic Resources, Inc.'s revenue by +9.5% next year and +11.1% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+5.4%, weight 45%) and the company's own record (+13.0%, weight 55%) . How the weights are set.

Analyst recommendations

1 analysts, Oct 2026
Buy1100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202611

Counts of recommendations published by analysts covering Idaho Strategic Resources, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
8.6%
of tradable shares
Days to cover
3.92
at average volume
Short interest, 1 month
−16%
to October 15, 2026
Held by institutions
49%
of shares
Held by insiders
5.6%
of shares
Employees
62
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −40.7%

$33.06 on October 31, 2025 to $19.61

ThenNowEffect
Revenue (last 12 months) $30m $51m +66.8%
Net margin 29.1% 44.0% +51.0%
P/E multiple 51.2x 13.8x −73.1%
Share count 14m 16m −12.6%

Biggest factor: p/e multiple.

Last 3 years +286.8%

$5.07 on November 3, 2023 to $19.61

ThenNowEffect
Revenue (last 12 months) $12m $51m +332.7%
Net margin 8.0% 44.0% +448.1%
P/E multiple 65.3x 13.8x −78.9%
Share count 12m 16m −22.7%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
IDR+102%−23%+11%+61%+296%−51%
Industry peers (median)−29%−17%−12%−9%+180%−24%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
IDR42%42%50%58%67%36%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
IDR−33%−62%−28%−45%−45%−63%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 64% from October 14, 2025 to October 26, 2026. Getting back needed a 176% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$19.10 – $51.50
From 52-week high
−61.9%
vs 50-day average
−27.1%
vs 200-day average
−42.4%
Volatility (1 year)
77%
Beta vs S&P 500
3.00

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Options strategies

All options ideas

How Idaho Strategic Resources, Inc.’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 3, 2026. Check the live chain at your broker before trading.

Implied vs realised volatility

Options look fairly priced

Implied volatility is within its normal range against realised. Selling options earns the usual premium, nothing extra.

  • Implied is 1.24× the last 60 days’ realised volatility , richer than 65% of the 175 stocks we screen today.
  • Puts are priced 114 points richer than calls (25-delta): the market is paying up for downside protection, which favours selling puts over calls.
  • Why: implied is not far enough above realised, or not unusual against our coverage.

Our rule for “rich”: implied at least 1.2× 60-day realised (beyond measurement noise), above 1-year realised (not just a calm spell), and in the top 20% of our coverage that day. Never with results inside the option’s life. These are our conventions, built on research showing option prices usually imply more movement than follows, most when the gap is wide. How we judge this.

Cash-secured put

Not offered: fundamentals grade C+ (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Idaho Strategic Resources, Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Idaho Strategic Resources, Inc.
$0 $20M $40M $60M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $13.3M Revenue (TTM), FY23 Q4: $13.7M Revenue (TTM), FY24 Q1: $16.2M Revenue (TTM), FY24 Q2: $19.1M Revenue (TTM), FY24 Q3: $22M Revenue (TTM), FY24 Q4: $25.8M Revenue (TTM), FY25 Q1: $27.1M Revenue (TTM), FY25 Q2: $30.5M Revenue (TTM), FY25 Q3: $35.4M Revenue (TTM), FY25 Q4: $42.4M Revenue (TTM), FY26 Q1: $49.6M Revenue (TTM), FY26 Q2: $50.9M $50.9M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $13.3M
FY23 Q4 $13.7M
FY24 Q1 $16.2M
FY24 Q2 $19.1M
FY24 Q3 $22M
FY24 Q4 $25.8M
FY25 Q1 $27.1M
FY25 Q2 $30.5M
FY25 Q3 $35.4M
FY25 Q4 $42.4M
FY26 Q1 $49.6M
FY26 Q2 $50.9M
Revenue growth, TTM YoY Idaho Strategic Resources, Inc.
40% 60% 80% 100% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 68.2% Revenue growth, TTM YoY, FY23 Q4: 42.6% Revenue growth, TTM YoY, FY24 Q1: 49.1% Revenue growth, TTM YoY, FY24 Q2: 62.5% Revenue growth, TTM YoY, FY24 Q3: 64.9% Revenue growth, TTM YoY, FY24 Q4: 88.7% Revenue growth, TTM YoY, FY25 Q1: 67.4% Revenue growth, TTM YoY, FY25 Q2: 59.6% Revenue growth, TTM YoY, FY25 Q3: 61.3% Revenue growth, TTM YoY, FY25 Q4: 64.6% Revenue growth, TTM YoY, FY26 Q1: 82.8% Revenue growth, TTM YoY, FY26 Q2: 66.8% 66.8%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 68.2%
FY23 Q4 42.6%
FY24 Q1 49.1%
FY24 Q2 62.5%
FY24 Q3 64.9%
FY24 Q4 88.7%
FY25 Q1 67.4%
FY25 Q2 59.6%
FY25 Q3 61.3%
FY25 Q4 64.6%
FY26 Q1 82.8%
FY26 Q2 66.8%
Operating margin (TTM) Idaho Strategic Resources, Inc.
0% 20% 40% 60% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 10.0% Operating margin (TTM), FY23 Q4: 7.4% Operating margin (TTM), FY24 Q1: 19.4% Operating margin (TTM), FY24 Q2: 25.9% Operating margin (TTM), FY24 Q3: 27.2% Operating margin (TTM), FY24 Q4: 32.7% Operating margin (TTM), FY25 Q1: 28.3% Operating margin (TTM), FY25 Q2: 26.6% Operating margin (TTM), FY25 Q3: 26.1% Operating margin (TTM), FY25 Q4: 36.8% Operating margin (TTM), FY26 Q1: 43.9% Operating margin (TTM), FY26 Q2: 45.1% 45.1%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 10.0%
FY23 Q4 7.4%
FY24 Q1 19.4%
FY24 Q2 25.9%
FY24 Q3 27.2%
FY24 Q4 32.7%
FY25 Q1 28.3%
FY25 Q2 26.6%
FY25 Q3 26.1%
FY25 Q4 36.8%
FY26 Q1 43.9%
FY26 Q2 45.1%
FCF margin (TTM) Idaho Strategic Resources, Inc.
-10% 0% 10% 20% 30% 40% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -2.1% FCF margin (TTM), FY23 Q4: 9.8% FCF margin (TTM), FY24 Q1: 21.9% FCF margin (TTM), FY24 Q2: 27.0% FCF margin (TTM), FY24 Q3: 31.7% FCF margin (TTM), FY24 Q4: 33.5% FCF margin (TTM), FY25 Q1: 27.2% FCF margin (TTM), FY25 Q2: 24.7% FCF margin (TTM), FY25 Q3: 17.9% FCF margin (TTM), FY25 Q4: 29.2% FCF margin (TTM), FY26 Q1: 34.9% FCF margin (TTM), FY26 Q2: 33.0% 33.0%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -2.1%
FY23 Q4 9.8%
FY24 Q1 21.9%
FY24 Q2 27.0%
FY24 Q3 31.7%
FY24 Q4 33.5%
FY25 Q1 27.2%
FY25 Q2 24.7%
FY25 Q3 17.9%
FY25 Q4 29.2%
FY26 Q1 34.9%
FY26 Q2 33.0%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Idaho Strategic Resources took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $42.4M
  2. Other income $1.5M · 3.6%
  3. Cost of revenue $16.2M · 38.2%
  4. Gross profit $26.2M · 61.8%
  5. Selling, general and admin $1.1M · 2.6%
  6. Other operating costs $9.5M · 22.4%
  7. Operating income $15.6M · 36.8%
  8. Income tax $426,146 · 1.0%
  9. Net income $16.7M · 39.4%

Shares of revenue. Source: Idaho Strategic Resources's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained. Other income is income outside operations, such as investment gains.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 0 1 1 0 0 2 1 4 4 6 6 8 10 14 26 42 51
Gross profit — — — — — — 0 1 −1 1 0 0 2 4 13 26 33
EBITDA — 0 0 −1 −1 −0 −1 0 1 −0 −0 −2 −2 2 10 18 26
Operating income — 0 0 −1 −1 −0 −1 0 1 −1 −1 −3 −3 1 8 16 23
Net income −1 −0 −1 −1 −1 −0 −1 −0 1 −1 −1 −3 −3 1 9 17 22
Diluted EPS −$0.14 −$0.14 −$0.28 $0.28 $0.28 $0.00 $0.14 $0.00 $0.00 — — — — $0.09 $0.67 $1.14 $1.42
Growth (year on year)
Revenue — +609.8% −37.8% −87.4% −18.6% +>999% −71.2% +686.0% −15.2% +56.3% 0.0% +34.5% +25.6% +42.6% +88.7% +64.6% +66.8%
EBITDA — — +52.6% −396.9% — — — — +162.9% −108.9% — — — — +318.7% +72.8% +152.5%
Operating income — — +50.7% −992.0% — — — — +177.1% −183.2% — — — — +732.3% +85.2% +182.8%
Net income — — — — — — — — — −196.6% — — — — +663.3% +89.2% +151.9%
Diluted EPS — — — — — — — — — — — — — — +644.4% +70.1% +120.2%
Margins
Gross margin — — — — — — 12.7% 27.8% −20.0% 13.0% 1.2% 6.4% 16.2% 29.0% 50.3% 61.8% 64.1%
EBITDA margin — 10.5% 25.8% −608.4% <−999% −15.5% −184.7% 10.6% 32.8% −1.9% −7.4% −29.4% −16.4% 18.2% 40.3% 42.3% 50.6%
Operating margin — 4.0% 9.8% −694.7% <−999% −23.5% −190.2% 6.9% 22.7% −12.1% −17.5% −40.1% −26.6% 7.4% 32.7% 36.8% 45.1%
Net margin −264.2% −32.6% −79.9% −702.7% <−999% −14.9% −249.8% −0.5% 20.7% −12.8% −13.0% −42.7% −27.5% 8.5% 34.3% 39.4% 44.0%
Free-cash-flow margin −277.9% −137.1% −78.4% −285.3% −652.5% 0.8% −99.4% 11.3% −30.2% — — −26.4% −34.0% 9.8% 33.5% 29.2% 33.0%
Cash flow
Cash from operations −1 0 0 −0 −1 −0 −1 0 −1 0 −0 −1 −2 2 11 19 27
Capital spending 0 2 1 −0 −1 −0 −0 −0 −0 — — 1 1 1 2 7 10
Free cash flow −1 −2 −1 −0 −1 0 −1 0 −1 — — −2 −3 1 9 12 17
Stock-based pay 0 0 0 — 0 0 0 0 0 0 0 1 1 0 0 2 1
Free cash flow after stock pay −1 −2 −1 — −1 −0 −1 0 −1 — — −3 −4 1 9 11 16
Balance sheet
Cash 0 1 0 1 0 0 0 0 0 0 3 2 2 2 1 10 8
Total debt 0 0 0 0 1 2 1 0 1 1 2 3 3 3 2 3 3
Net debt (negative = net cash) −0 −0 0 −0 0 2 1 0 0 1 −0 1 1 1 1 −7 −5
Diluted shares 3m 3m 3m 4m 6m 7m 7m 8m 9m 9m 9m 10m 12m 12m 13m 15m 16m
Returned to shareholders
Buybacks — — — — — — — — — — — — 0 0 — — —
Total returned — — — — — — — — — — — — 0 0 — — —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

6 of 6 checks passed · June 30, 2026
What it owns · $130m
Short-term assets $46mLonger-term assets $85m
What it owes, and who funded it · $127m
Short-term liabilities $4mLonger-term liabilities $3mShareholders' equity $121m
  • Short-term assets cover short-term liabilities $46m of assets due within a year against $4m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $46m short-term assets against $3m of longer-dated liabilities.
  • More cash than debt $8m of cash against $2m of debt.
  • Debt below 40% of shareholders' equity Debt is 2% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 9% to 2% over five years.
  • A year's operating cash flow covers at least 20% of debt $27m of operating cash flow against $2m of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Idaho Strategic Resources, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+14.4%
year over year

Competitors: side by side with peers

Closest by revenue in gold
Last 12 months unless stated IDR ITRG CMCL OR DRD AUGO Median
Revenue, last 12 months $51m $244m $268m $277m $661m $922m $1.8bn
Revenue growth, last 12 months 66.8% 703.7% 46.2% 45.1% 52.3% 55.1% 53.7%
Revenue growth, 3-year average 63.0% — 27.0% — — — 35.2%
Revenue growth, latest quarter 13.2% — 13.8% — — — 14.5%
Gross margin 64.1% 38.8% 51.2% 83.8% 53.5% 58.0% 51.2%
Operating margin 45.1% 27.6% 41.0% 70.9% 51.4% — 41.2%
Operating margin, 3-year average 32.5% — 22.0% — 26.3% — 26.0%
Net margin 44.0% −0.9% 20.6% 74.3% 38.1% −8.6% 30.0%
Cash from operations / revenue 52.7% 29.6% 28.5% 88.5% 50.9% — 45.3%
Free-cash-flow margin 33.0% 10.3% 16.4% 88.1% 19.2% — 27.1%
Free-cash-flow margin, 3-year average 28.2% — 6.5% — 13.8% — 13.8%
Stock pay / revenue 1.6% 0.8% — 3.0% 0.4% — 0.8%
Change in share count 14.4% 75.5% 0.4% 0.8% 0.4% 8.4% 2.9%

Median of all 24 companies we cover in gold. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

24 gold companies
Measure Company Peer median Rank
Revenue growth Growth 66.8% 55.1% 10 of 24
Change in growth rate Growth -16.0pp +20.4pp 22 of 23
Gross margin Profitability 64.1% 53.5% 6 of 21
Operating margin Profitability 45.1% 41.2% 7 of 18
Net margin Profitability 44.0% 30.4% 6 of 24
Free-cash-flow margin Cash generation 33.0% 28.2% 8 of 22
Stock pay as % of revenue Cash generation 1.6% 0.9% 13 of 18
Long-term debt as % of assets Balance sheet 1.6% 7.3% 7 of 18
Change in share count Balance sheet 14.4% 3.0% 18 of 24

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Gold $42.9M ▲ 62.3%
Concentrate Sales To H and H $41.4M ▲ 62.5%
Dore Sales To Refineries $973,088 ▲ 256.5%
Silver $234,523 ▲ 92.4%

These categories overlap or exclude eliminations, so shares aren't shown.

From Idaho Strategic Resources, Inc.'s 10-K filed March 23, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$247M
Institutions reporting
128
Shares held vs prior quarter
▲ 4.0%
Positions opened / closed
18 / 27

Top buyers and sellers, Q2 2026: 77 institutions bought and 59 sold ; the biggest buyer was Nuveen, LLC (+166K shares) and the biggest seller Hite Hedge Asset Management LLC (−237K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $40.9M 1.3M 16.6% ▲ 9.3%
State Street Corp $40.3M 1.2M 16.3% ▲ 6.7%
Vanguard Capital Management LLC $21.7M 662K 8.8% ▲ 3.0%
Geode Capital Management, LLC $13.5M 412K 5.5% ▲ 7.1%
Van Eck Associates Corp $12.3M 375K 5.0% ▼ 2.3%
Nuveen, LLC $8.7M 267K 3.5% ▲ 164.3%
Punch & Associates Investment Management, Inc. $7.3M 222K 2.9% ▲ 7.2%
Citigroup Inc $5.6M 171K 2.3% ▲ 5.0%
Bridgewater Associates, LP $5.5M 168K 2.2% ▼ 16.0%
Navellier & Associates Inc $5.1M 157K 2.1% ▲ 42.7%
Northern Trust Corp $5.1M 156K 2.1% ▲ 17.0%
Vanguard Portfolio Management LLC $4.7M 145K 1.9% ▲ 13.3%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Idaho Strategic Resources, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $2.8M 4 trades by 3 insiders · 0% under pre-set plans
Net ▼ $2.8M net selling
Insider Date Trade Shares Price Value
Brackebusch Grant A CFO/Vice President January 16, 2026 Sell 14,243 $44.49 $633,671
Swallow John President & CEO December 30, 2025 Sell 20,000 $41.72 $834,400
Swallow John President & CEO December 22, 2025 Sell 30,000 $43.44 $1.3M
Beaven Richard Scott Director November 18, 2025 Sell 2,000 $34.64 $69,280

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Idaho Strategic Resources, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Idaho Strategic Resources, Inc. in brief

What does Idaho Strategic Resources, Inc. do?
Idaho Strategic Resources, Inc. is a US-listed company in the gold industry. Its financial year ends in December.
What is Idaho Strategic Resources, Inc.'s stock ticker?
Idaho Strategic Resources, Inc. trades under the ticker IDR on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Idaho Strategic Resources, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Idaho Strategic Resources, Inc. reported revenue of $50.9M, 66.8% higher than a year earlier, according to its SEC filings.
What is Idaho Strategic Resources, Inc.'s free cash flow?
Idaho Strategic Resources, Inc.'s free-cash-flow margin is 33.0% of revenue over the trailing twelve months, ranking 8 of the 22 gold companies we cover.
What is Idaho Strategic Resources, Inc.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Idaho Strategic Resources, Inc.'s free cash flow after stock-based pay gives ~$28 per share in the base case, and ~$21–$36 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Idaho Strategic Resources, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., State Street Corp and Vanguard Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Idaho Strategic Resources, Inc.'s market cap?
On November 2, 2026, Idaho Strategic Resources, Inc.'s market capitalisation was about $308M, with a price-to-earnings ratio of 13.8 and net debt of -$5.3M. Market figures come from third-party market data and may be delayed.
How much debt does Idaho Strategic Resources, Inc. have?
Idaho Strategic Resources, Inc.'s debt-to-equity ratio is 1.8%, from its latest balance sheet (9.5% five years earlier). The financial health section below sets out its other solvency checks.
Who are Idaho Strategic Resources, Inc.'s competitors?
In our Gold peer group, the companies closest to Idaho Strategic Resources, Inc. are Integra Resources Corp., Caledonia Mining Corp plc, OR Royalties Inc., Drdgold LTD and Aura Minerals Inc. The side-by-side comparison below sets their revenue, margins and growth against Idaho Strategic Resources, Inc.'s.
Are insiders buying or selling Idaho Strategic Resources, Inc. stock?
Over the last 12 months, Idaho Strategic Resources, Inc.'s directors and officers reported 0 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is Idaho Strategic Resources, Inc.'s next earnings date?
Around November 11, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Idaho Strategic Resources, Inc. announces its own schedule.