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Added to YB: 2024-10-24

Pitch date: 2024-10-22

IDR [bullish]

Idaho Strategic Resources, Inc.

+147.53%

current return

Author Info

Macro Ops provides high signal investment research for serious investors. Visit the website.

Company Info

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.

Market Cap

$566.6M

Pitch Price

$17.82

Price Target

53.28 (+21%)

Dividend

N/A

EV/EBITDA

46.08

P/E

50.07

EV/Sales

15.35

Sector

Metals and Mining

Category

growth

Show full summary:
Macro Ops Collective Portfolio Review: Idaho Strategic Resources, Inc.

IDR: Gold producer up 150% since entry. Ramping production from 5K to 20K oz/yr. At $2,600/oz gold, $1,300/oz AISC, 15x pre-tax profit = $420M mkt cap (200% upside). Broke $10-12 resistance, nearing $17.50 ATH. US's largest REE land package. CEO John Swallow exceeding expectations.

Read full article (2 min)