Idaho Strategic Resources pairs a high-quality compounder profile with a strong growth rate and cheap growth-adjusted valuation, but near-term momentum is a temporary headwind with the shares in a pullback below their still-rising 200-day average, and the risk/reward setup sits just under the engine's asymmetry bar.
Thesis pillars
- Asymmetry Just Below Bar→Stable
- High Quality Compounder Profile→Stable
- Strong Growth Profile→Stable
- +2 more pillars — see the Why tab for full reasoning
Idaho Strategic Resources, Inc. (IDR) Stock Analysis
Oversold Bounce setup · Temporary headwind edge
Basic Materials · Gold
Hold if already holding. Not a fresh buy at $22.93, but acceptable to hold if already in. Reasons: Concentration risk — Commodity: gold; Market cap $377M below $400M minimum.
Idaho Strategic Resources, Inc., a resource-based company, engages in the exploration, development, and extraction of gold, silver, and base metal mineral resources in the North Idaho. The company was formerly known as New Jersey Mining Company and changed its name to Idaho... Read more
Hold if already holding. Not a fresh buy at $22.93, but acceptable to hold if already in. Reasons: Concentration risk — Commodity: gold; Market cap $377M below $400M minimum. Chart setup: Oversold RSI 10, near Bollinger lower, volume surge. Market cap $377M below $400M minimum. Not in investable universe. Score 6.0/10, moderate confidence.
Passes 6/9 gates (favorable risk/reward ratio, clean insider activity, news events none recent, earnings proximity no date, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and death cross (50MA < 200MA) and SEC filing concern. Suitability: speculative.
About Idaho Strategic Resources, Inc.
About Idaho Strategic Resources, Inc.
Idaho Strategic Resources centers its business on gold exploration and mining at the Golden Chest Mine and adjacent properties in Idaho, processing ore through a conventional flotation method into a bulk sulfide concentrate sold to smelters in South Korea and/or Asia. Continuous production depends on maintaining sufficient water rights and physical water availability for its mining and milling operations, and the company's future largely hinges on the success of ongoing exploration drilling at Golden Chest and nearby claims.
Idaho Strategic Resources sells its concentrate at prices tied to spot gold and other metal markets rather than long-term fixed contracts, so profitability rises and falls with global gold prices, currency exchange rates, and production costs for fuel, electricity, and labor. The company has not disclosed proven or probable reserves in the excerpted filing and instead frames its story around exploration success, meaning near-term cash flow depends on converting drilling results at Golden Chest into economically mineable material. Environmental obligations include managing mine-contact water, stormwater diversion, and tailings storage facilities, with climate change cited as a source of both risk (increased drought or heavy-rainfall events straining water management) and potential upside (warmer winters extending the drilling season). The company also flags going-concern-style liquidity risk, noting there is no assurance its initiatives to improve liquidity and financial position will succeed if internally generated cash flow proves insufficient for working capital needs.
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The clearest off-take concentration in Idaho Strategic Resources' filing is on the buy side of its supply chain rather than a single customer contract: the company's entire saleable product, a bulk sulfide flotation concentrate, ships to smelters in South Korea and/or Asia, and final payment is determined by the smelter's own sampling of the concentrate rather than the company's provisional mill samples, a structural pricing dependency the company has tried to narrow by increasing sample mass at the mill. That same filing flags tariffs and trade sanctions as a distinct risk to the exploration supplies and equipment it sources, meaning Idaho Strategic Resources carries cross-border exposure on both ends of its business — importing mining inputs and exporting concentrate for smelting — without naming a single alternate smelting counterparty.
See also: Basic Materials · Gold
From Idaho Strategic Resources, Inc.'s most recent 10-K filing, extracted July 6, 2026.
Recent developments
updated 2026-10-13Recent Developments — Idaho Strategic Resources, Inc.
Latest news
- NEWS IDR|Idaho Strategic Resources Inc|Price:28.785|Chg%:-0.215 - TradingKey — TradingKey neutral
- NEWS IDR|Idaho Strategic Resources Inc|Price:28.785|Chg%:-0.215 - tradingkey.com — tradingkey.com neutral
- NEWS Idaho Strategic Resources Inc (IDR) Technical Analysis: Support, Resistance, Indicators & Moving Averages - TradingKey — TradingKey neutral
- NEWS Idaho Strategic Resources Inc (IDR) Technical Analysis: Support, Resistance, Indicators & Moving Averages - tradingkey.c — tradingkey.com neutral
- NEWS Indonesian Central Bank Takes Measures to Stabilize IDR Amid Glo - GuruFocus — GuruFocus neutral
Generated 2026-10-13T11:32:14Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHCommoditygold10-K Item 1A: 'Our operations will be significantly affected by changes in the market price of gold.'
- MEDIUMCustomersmelters in South Korea and/or Asia10-K Item 1A: 'a bulk sulfide flotation concentrate that is sold to smelters in South Korea and/or Asia'
Material Events(8-K, last 90d)
- 2026-06-08Item 4.01HIGHAuditor Assure CPA, LLC resigned June 3, 2026 after merging into Sadler, Gibb & Associates, LLC, which the Audit Committee approved as successor auditor. No disagreements and no adverse/qualified opinions were reported for FY2024-2025; change was firm-merger driven, not dispute-driven.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $22.93, but acceptable to hold if already in. Reasons: Concentration risk — Commodity: gold; Market cap $377M below $400M minimum. Chart setup: Oversold RSI 10, near Bollinger lower, volume surge. Market cap $377M below $400M minimum. Not in investable universe. Target $38.25 (+66.8%), stop $21.44 (−6.9%), A.R:R 4.8:1. Score 6.0/10, moderate confidence.
Take-profit target: $38.25 (+66.8% upside). Target $38.25 (+66.8%), stop $21.44 (−6.9%), A.R:R 4.8:1. Stop-loss: $21.44.
Concentration risk — Commodity: gold; Market cap $377M below $400M minimum.
Idaho Strategic Resources, Inc. trades at a P/E of 16.3 (forward 30.1). TrendMatrix value score: 6.3/10. Verdict: Hold.
5 analysts cover IDR with a consensus score of 4.0/5. Average price target: $45.
What does Idaho Strategic Resources, Inc. do?Idaho Strategic Resources, Inc., a resource-based company, engages in the exploration, development, and extraction of...
Idaho Strategic Resources, Inc., a resource-based company, engages in the exploration, development, and extraction of gold, silver, and base metal mineral resources in the North Idaho. The company was formerly known as New Jersey Mining Company and changed its name to Idaho Strategic Resources, Inc. in December 2021. Idaho Strategic Resources, Inc. was incorporated in 1996 and is based in Coeur d'Alene, Idaho.