Stocks/IDR

IDR

Idaho Strategic Resources, Inc.
Basic Materials·Gold
$39.11
$618M market cap
Revenue
$29.1M
Free Cash Flow
$5.8M
Rev Growth
+0.0%
FCF Margin
20.1%
P/FCF
105.9x
EV/FCF
97.9x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--

Idaho Strategic Resources, Inc. engages in the exploring, developing, and extracting gold, silver, and base metal mineral resources in the Greater Coeur d'Alene Mining District of North Idaho and Western Montana. It owns 100% interest in the Golden Chest Mine that consists of 25 patented mining claims covering an area of 280 acres and 90 unpatented claims mine covering an area of 1,390 acres located in Murray, Idaho. The company was founded in 1996 and is headquartered in Coeur d'Alene, Idaho.

2-Year Price History

$36.27+309.8%
$10$20$30$40volJun 24Oct 24Jan 25May 25Sep 25Jan 26May 26

Quarterly Financials & Projections

Quarterly Waterfall ($ M)
PeriodRevEBITDAOpInNIOCFFCFCapExCashDebtSharesROICIntCovEV/EBITDA
Act2026-Q114.58.37.66.48.81.8-7.048.62.016.055.1%----
Act2025-Q414.69.39.49.310.84.0-6.745.72.314.796.1%----

Valuation & Metrics

Market Stats

Price$39.11
Market Cap$618M
Enterprise Value$572M
P/S Ratio21.3x
P/FCF105.9x
EV/FCF97.9x
FCF Margin (TTM)20.1%
FCF Yield0.9%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD

TTM Financial Snapshot

Revenue$29.1M
Net Income$15.7M
Free Cash Flow$5.8M

Revenue Growth (YoY)+0.0%
EBITDA Margin60.6%
Net Margin53.9%
FCF Margin20.1%
CapEx % of Revenue47.1%
SBC % of Revenue0.0%
ROIC75.6%
WC Change % Rev-1.7%
Interest Coverage--

Forward Outlook & Risk

Short Interest

Short % of Float--
Short Shares1.3M
Days to Cover6.5
Change (vs Prior)-6.3%
Need at least 2 settlement dates for chart

Employees

Headcount51
Revenue / Employee$569,647
Gross Profit / Employee$194,504

Institutional Ownership

Headline & net flow

NEUTRAL
Net flow · still filing
No float data — flow unavailable.

Ownership composition

Active
18.4%(+14.4% YoY)
122 filers
hedge / family / endowment
Retail funds
Fidelity, Schwab, 401(k)
Passive
20.1%(+17.9% YoY)
9 filers
Vanguard, iShares, SPDR
Market makers
0.2%(-0.2% YoY)
5 filers
Citadel, Susquehanna
Insiders
Form 4 — latest per insider
0%25%50%75%100%2022-062023-032023-122024-092025-062026-03
ActiveRetail fundsPassiveMarket makersRetail direct

Top holders

Fund$ valueCost basisΔ QoQΔ YoYα lifeFund AUM
STATE STREET CORPPassive$37.1M$34.28+$8.5M+$35.4M-0.2%$2.89T
BlackRock, Inc.Passive$36.7M$21.73+$832K+$31.7M-0.2%$5.69T
VANGUARD CAPITAL MANAGEMENT LLCPassive$20.7M$32.12+$20.7M+$20.7M$4.04T
GEODE CAPITAL MANAGEMENT, LLCPassive$12.4M$17.37+$1.3M+$8.3M+2.3%$1.61T
VAN ECK ASSOCIATES CORP$12.3M$34.16−$3.5M+$12.3M+0.8%$133.17B
HITE Hedge Asset Management LLC$9.5M$34.65+$6.6M+$9.5M-0.8%$1.77B
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.$6.7M$15.82+$27K+$6.7M-0.3%$1.72B
Bridgewater Associates, LP$6.4M$37.01+$2.6M+$6.4M-0.1%$22.35B
CITIGROUP INC$5.2M$28.76+$5.1M+$5.2M-0.3%$156.55B
JW Asset Management, LLC$4.6M$4.87+$0−$594K-2.7%$244M
NORTHERN TRUST CORPPassive$4.3M$12.63+$156K+$2.5M-0.2%$755.34B
VANGUARD PORTFOLIO MANAGEMENT LLCPassive$4.1M$32.12+$4.1M+$4.1M$1.91T
LPL Financial LLC$4.1M$22.76+$757K+$2.6M-0.2%$372.65B
MORGAN STANLEY$3.9M$25.79−$492K+$3.0M-0.3%$1.65T
NAVELLIER & ASSOCIATES INC$3.5M$17.23+$101K+$341K+0.7%$960M
Nuveen, LLC$3.2M$35.66+$108K+$3.2M+0.0%$368.63B
VANGUARD FIDUCIARY TRUST COPassive$3.2M$32.12+$3.2M+$3.2M$395.83B
AMERIPRISE FINANCIAL INC$3.0M$36.52+$368K+$3.0M-0.1%$430.96B
THAMES CAPITAL MANAGEMENT LLC$3.0M$33.79+$0+$3.0M+4.0%$558M
GOLDMAN SACHS GROUP INC$2.8M$25.10−$805K+$1.1M-0.2%$760.93B
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.

Trading behavior

Smart-money alpha (lifetime, %/qtr)BEARISH
Holders
+0.02%
avg per quarter
Holders (ex-self)
+0.01%
excl. this stock
Buyers (this Q)
-0.33%
49 buyers · $0.05B in
Sellers (this Q)
+1.04%
43 sellers · $0.04B out
alpha coverage: 88% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-9.0%
how holders react when this stock falls
On quiet Qs
-25.9%
−10% to +10% baseline
On rallies (+10%+)
-4.3%
how they react when this stock rises
Holders' portfolio flow this Q
+2.3%
inflows — adds are organic
Sellers' portfolio flow this Q
+3.2%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-2.9%
Holder mid (any stock)
-3.0%
Holder rally (any stock)
-5.0%

Top Holders Over Time

5-year share-count history (top 10 holders by peak, incl. exited) + price

0410K819K1.2M1.6M$4.75$14$23$31$402022-032022-122023-092024-062025-032025-122026-03
hover the chart for per-quarter detailprice (right axis)
VAN ECK ASSOCIATES CORP384KHITE Hedge Asset Management LLC297KInvesco Ltd.8KPertento Partners LLPPUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.207KMORGAN STANLEY122KBridgewater Associates, LP200KJW Asset Management, LLC143KBrevan Howard Capital Management LPCITIGROUP INC162K

Analyst Coverage

Analyst Coverage
Price Targets
Last Year (1 analysts)$45.001510.0%
Current Price$39.11
Analyst Ratings
1
Buy: 1Consensus: Buy

Corporate

Insider Trading (last 12mo)

Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$0
0 txns · 0 insiders · 0 sh
Sells ($, 12mo)
$9.39M
13 txns · 6 insiders · 354,346 sh
Recent transactions
DateSideInsiderTitleSharesPriceDollarsOwned $
2026-01-16SELLBRACKEBUSCH GRANT Adirector, officer: CFO/Vice President14,243$44.49$634K$5.23M
2025-12-30SELLSwallow Johndirector, officer: President & CEO20,000$41.72$834K$26.94M
2025-12-22SELLSwallow Johndirector, officer: President & CEO30,000$43.44$1.30M$28.92M
2025-11-18SELLBeaven Richard Scottdirector2,000$34.64$69K$387K
2025-09-23SELLSwallow Johndirector, officer: President & CEO87,470$30.31$2.65M$21.09M
2025-09-22SELLMorgan Robert Johnofficer: VP Exploration7,143$30.52$218K$1.03M
2025-09-19SELLBRACKEBUSCH GRANT Adirector, officer: CFO/Vice President15,937$29.52$470K$3.55M
2025-08-19SELLSwallow Johndirector, officer: President & CEO50,000$23.51$1.18M$18.34M
2025-08-11SELLShiell Kevin Gdirector6,500$25.03$163K$1.23M
2025-07-18SELLHayes Monique Dofficer: Corporate Secretary4,829$21.00$101K$82K
2025-07-10SELLHayes Monique Dofficer: Corporate Secretary12,724$15.36$195K$134K
2025-07-10SELLSwallow Johndirector, officer: President & CEO100,000$15.27$1.53M$12.68M
2025-05-23SELLShiell Kevin Gdirector3,500$13.37$47K$640K

Order Flow (FINRA, ~3w lag)

25.0%retail+5.1pp
20.9%dark-0.8pp
week of 2026-04-13
10%20%30%40%50%60%24-1125-0225-0525-0825-1126-0226-04retail (non-ATS)dark (ATS)
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.

Filing Risk Analysis

Filing Risk Scores

Idaho Strategic Resources: Golden Cash Pile Built on Relentless Equity Issuance

Overall Risk
4/10
Fraud
2/10
Dilution
7/10
Insolvency
1/10
Earnings Overstated
3/10
Hidden Liabilities
2/10
Legal
2/10
Audit Warnings
1/10
Hidden Upside
6/10
Contextually Acceptable
8/10