Idaho Strategic Resources, Inc. (IDR)
AMEXMaterialsGoldSnapshot 2026-09-04
$31.45+0.13%
Close 2026-09-04 · 1-day change
AMEXMaterialsGoldSnapshot 2026-09-04
Warn: Recent financial performance slipped notably this past month, though still top-half.
Idaho Strategic Resources grows revenue from $9.48M in 2025-Q2 to $14.48M in 2026-Q1. Operating income rose from $2.59M to $7.58M in the same period. The company improves efficiency and sustains strong financial results. Demand for lithium and phosphate supports growth.
The recent 39% price drop signals risk. High valuation and fragile quality raise concerns. Growth may slow if operational gains stall or market demand weakens.
The stock price is about 30% above our valuation level. Analysts expect roughly 16% revenue growth. Our view is cautious given the recent selloff and operational risks.
Breaks if: Operating income falls below $2.59M in any quarter through 2026-Q1
Continue efforts to improve operational efficiency and cost management.
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a stable management team navigating a high-risk environment. The current thesis is cautious, as recent performance has been strong, but there are concerns about future earnings misses and high valuation.
The market currently prices IDR at an expensive valuation compared to peers, indicating that investors expect strong performance. However, the expectations gap suggests that some of this premium may not be justified given the recent slip in performance.
Management has prioritized maintaining strong financial performance and expanding exploration activities, which have shown positive results. However, there is a notable risk of an earnings miss in the near term, given the erratic nature of recent earnings surprises.
The long-term thesis hinges on management's ability to meet guidance and maintain financial performance. Additionally, external factors such as inflation trends and performance of sector leaders will play a crucial role in shaping IDR's trajectory.
The most important moves since the prior daily snapshot.
Our read on the company is unchanged since the prior snapshot.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Breaks if: Revenue falls below $9.48M in any quarter through 2026-Q1
Continue to drive revenue growth through strategic initiatives and market expansion.
Continue to deliver profitability and revenue growth while managing operational challenges and investing in exploration and capital projects.
Stated as a priority in 2 of last 2 quarters. Revenue grew from $9,476,739 in 2025-Q2 to $10,732,335 in 2026-Q2 (13.25% increase), net income rose from $2,767,458 to $3,651,596, and EPS increased from $0.20 to $0.23. Management emphasized resilience and positive quarterly results despite operational challenges, indicating delivery on this priority.
Breaks if: Revenue growth falls below 10% YoY over next 12 months
Continue to drive revenue growth through strategic initiatives and market expansion.
Continue to deliver profitability and revenue growth while managing operational challenges and investing in exploration and capital projects.
Stated as a priority in 2 of last 2 quarters. Revenue grew from $9,476,739 in 2025-Q2 to $10,732,335 in 2026-Q2 (13.25% increase), net income rose from $2,767,458 to $3,651,596, and EPS increased from $0.20 to $0.23. Management emphasized resilience and positive quarterly results despite operational challenges, indicating delivery on this priority.
In the next 1 to 3 years, IDR's outlook will depend on its ability to navigate high risks while delivering on its priorities. Not investment advice.
“We had a modest record Q2 year over year comparison in revenue, net income, EPS and ounces produced...”
“Our goal for the year was to build on a strong 2025 – and as evidenced in our record first quarter results, the team has met these expectations.”
“We had a modest record Q2 year over year comparison in revenue, net income, EPS and ounces produced...”
“Our goal for the year was to build on a strong 2025 – and as evidenced in our record first quarter results, the team has met these expectations.”