Marshall Wace LLP Has $1.42 Million Stock Position in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR)

Marshall Wace LLP grew its stake in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) by 43.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 139,434 shares of the company’s stock after purchasing an additional 41,998 shares during the quarter. Marshall Wace LLP owned about 1.02% of Idaho Strategic Resources worth $1,421,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Barclays PLC increased its position in shares of Idaho Strategic Resources by 10,713.2% during the 3rd quarter. Barclays PLC now owns 9,840 shares of the company’s stock worth $158,000 after purchasing an additional 9,749 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Idaho Strategic Resources by 9.5% during the 3rd quarter. Geode Capital Management LLC now owns 115,301 shares of the company’s stock worth $1,854,000 after acquiring an additional 9,991 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Idaho Strategic Resources by 59,773.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 15,567 shares of the company’s stock worth $250,000 after acquiring an additional 15,541 shares during the last quarter. State Street Corp increased its holdings in shares of Idaho Strategic Resources by 245.5% during the 3rd quarter. State Street Corp now owns 38,700 shares of the company’s stock worth $622,000 after acquiring an additional 27,500 shares during the last quarter. Finally, D.A. Davidson & CO. increased its holdings in shares of Idaho Strategic Resources by 124.2% during the 4th quarter. D.A. Davidson & CO. now owns 58,222 shares of the company’s stock worth $593,000 after acquiring an additional 32,250 shares during the last quarter. Institutional investors and hedge funds own 8.70% of the company’s stock.

Idaho Strategic Resources Stock Performance

Shares of NYSEAMERICAN IDR opened at €17.48 ($19.86) on Tuesday. The stock’s fifty day moving average price is €14.43 and its two-hundred day moving average price is €13.32. The company has a debt-to-equity ratio of 0.06, a current ratio of 5.52 and a quick ratio of 5.15. Idaho Strategic Resources, Inc. has a one year low of €7.59 ($8.63) and a one year high of €19.75 ($22.44). The firm has a market cap of $238.78 million, a price-to-earnings ratio of 34.28 and a beta of 0.80.

Wall Street Analysts Forecast Growth

IDR has been the topic of a number of recent analyst reports. Roth Mkm boosted their target price on Idaho Strategic Resources from $16.50 to $17.50 and gave the stock a “buy” rating in a report on Thursday, April 3rd. Roth Capital set a $17.50 target price on Idaho Strategic Resources in a report on Thursday, April 3rd.

About Idaho Strategic Resources

Idaho Strategic Resources, Inc, a resource-based company, engages in exploring for, developing, and extracting gold, silver, and base metal mineral resources in the Greater Coeur d'Alene Mining District of North Idaho. Its portfolio of mineral properties includes the Golden Chest Mine, a producing gold mine located in the Murray Gold Belt (MGB) of North Idaho; approximately 1,500 acres of patented mineral property and approximately 5,000 acres of nearby and adjacent un-patented mineral property located within the MGB; rare earth element projects located in the Idaho REE-Th Belt near Salmon, Idaho; and early-stage exploration properties in Central Idaho.