Idaho Strategic Resources Inc (AMEX:IDR) does about 393.61K shares in volume on a normal day but saw 1020130 shares change hands in the recent trading day. The company now has a market cap of 268.62M USD. Its current market price is $19.11, marking an increase of 6.05% compared to the previous close of $18.02. The 52 week high reached by this stock is $19.75 whilst the lowest price level in 52 weeks is $9.58. The script in recent trading has seen the stock touch a high of $17.5 and a low of $17.5.
Idaho Strategic Resources Inc (IDR) has a 20-day trading average at $14.27 and the current price is -3.24% off the 52-week high compared with 99.48% distance from its 52-week low. The 50-day simple moving average of the closing price is $13.93 and its 200-day simple moving average is $13.61. If we look at the stock’s price movements over the week, volatility stands at 9.56%, which decreases to 5.52% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 79.85 to suggest the stock is overbought.
The consensus objective for the share price is $17.50, suggesting that the stock has a potential downside of -9.2% over the period. The median price target is -9.2% away from the current levels at $17.5.
The current price level is 33.95%, 37.20%, and 40.39% away from its SMA20, SMA50, and SMA200 respectively, with the IDR price moving below the 50-day SMA on current market day. Idaho Strategic Resources Inc (IDR) stock is up 48.25% over the week and 37.88% over the past month. Its price is 74.36% year-to-date and 87.54% over the past year.
Its 12-month price target is $17.5. To reach the target analysts have set, the stock logically needs to shrink -9.2 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $17.5, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $17.5.
The company has a return on investment of 19.64% and return on equity of 26.95%. The price to earnings ratio (P/E ratio) amounts to 30.99 while the forward price to earnings ratio is 23.89. The beta has a value of 0.70. Price to book ratio is 6.56 and price to sales ratio is 9.90.
