Idaho Strategic Resources, Inc. (IDR)
AMEXMaterialsGoldSnapshot 2026-09-04
$31.45+0.13%
Close 2026-09-04 · 1-day change
AMEXMaterialsGoldSnapshot 2026-09-04
QuarterlyIQ Insights · IDR
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is still in the top half of its industry but slipped notably this past month — worth watching.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 45.6% |
| Our one-year growth estimate | diamond | 3.6% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the opposite direction.
Price observations: 365 days
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the US dollar and the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 42.0 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Elevated risk of a next-quarter earnings miss: this name has erratic recent earnings surprises and operates in a high-miss-rate industry. A fundamental tilt, not a price call.
Model as of 2026-09-04 · Compared with 7 industry peers · Company calendar date is not available
IDR — legal / regulatory event — Changes in Registrant’s Certifying Accountant
Dated 2026-06-08
Changes in Registrant’s Certifying Accountant. (a) Resignation of Independent Registered Public Accounting Firm. On June 3, 2026, we were notified that Assure CPA, LLC, which served as the independent registered public accounting firm of Idaho Strategic Resources, Inc. (the “Company”), merged into Sadler, Gibb & Associates, LLC pursuant to an asset purchase agreement. As a result of the transaction, Assure CPA, LLC ceased operations as a public accounting firm and resigned as the Company’s in…
Why it matters: Better efficiency means more profits. It shows the company is controlling costs well.
Supportive ifOperating income goes up by more than 20% from Q1.
Worry ifOperating income goes up less than 10% from Q1.
Why it matters: Good drilling results can show valuable resources. This helps the company expand exploration efforts.
Supportive ifDrilling results show significant gold or rare earth element finds.
Worry ifDrilling results show the resource quality is lower than expected.
Why it matters: The change in the accounting firm might change how investors feel and how finances are reported.
Worry ifThe change does not hurt financial reports or how investors feel.
Less concerning ifInvestors are upset or there are issues in financial reports due to the accounting firm change.
Why it matters: Sustaining revenue growth is key to maintaining strong financial performance. Investors want to see if growth continues.
Supportive ifQ2 2026 revenue shows an increase over Q1 2026 revenue of $14.48M.
Worry ifQ2 2026 revenue drops below Q1 2026 revenue of $14.48M.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$293 on $10,000 · ±2.9% | How much price usually moves either way. |
| Bad day | $906 loss on $10,000 · 9.1% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,996 loss on $10,000 · 50.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: A new accountant may change financial reporting. This could affect investor confidence. This change follows the previous firm's closure.
Worry ifA press release confirms a new independent auditor. This auditor has a strong reputation.
Less concerning ifNo news about a new auditor. There are still problems with the current accounting.
Why it matters: Changing the accounting firm can impact investor trust. It can also affect financial reports.
Worry ifNo further issues arise from the change in accounting firms.
Less concerning ifNew legal or regulatory problems arise from the change in the accounting firm.
Why it matters: Changes in auditors can affect trust and transparency. Investors need to know the impact.
Worry ifThe new accounting firm is confirmed and has a strong reputation.
Less concerning ifThere are worries about the new firm's skills or delays in reporting.
Why it matters: Changes in auditors can show problems in financial reporting. Investors should watch this closely.
Worry ifA new public accounting firm is announced.
Less concerning ifThere are no new updates about the accounting firm after it resigned.
Why it matters: Fixing this issue is key for keeping investor trust and honest reporting.
Worry ifA new independent auditor has been appointed and is now working.
Less concerning ifMore delays or problems in finding a new auditor.
Why it matters: Finishing the new mill is important for making more products. This matches management's goal to grow operations.
Supportive ifThe new mill is complete and ready to start operations.
Worry ifDelays in the mill's construction or operational start.
Why it matters: A rise in sector revenue growth may mean a recovery. This could help Idaho Strategic Resources.
Watch forSector revenue growth is positive after being negative for three quarters.
Also watch forSector revenue growth stays negative for another quarter.
Why it matters: Strong revenue growth shows the company is doing well. This helps management focus on growing revenue, even with challenges.
Supportive ifQ3 revenue growth exceeds 13.25% compared to Q2 2026.
Worry ifQ3 revenue growth is below 5%, indicating a slowdown.
Why it matters: Successful exploration can lead to new resources and revenue streams. This is important for long-term growth.
Supportive ifSuccessful drilling results or new resource finds from REE projects are announced.
Worry ifThere are no updates or bad results from the REE exploration.
Why it matters: More drilling shows a strong focus on growth and expanding resources.
Supportive ifExploration drilling went over 12,000 meters in Q3.
Worry ifExploration drilling falls below 8,000 meters in Q3.
Why it matters: Progress on this facility is key for future mining and following rules.
Watch forThe new tailings storage facility is now complete.
Also watch forThere are delays or issues with the tailings storage facility.
Why it matters: Finishing the Murray Mill is important. It will help increase production and revenue.
Supportive ifCompletion of the new ball mill installation at the Murray Mill.
Worry ifDelays in completing the Murray Mill construction.
Why it matters: The sector is in decline. Positive revenue growth would signal a potential turnaround for the company.
Supportive ifCompany reports revenue growth of more than 0% year over year.
Worry ifRevenue continues to decline or remains flat year over year.
Why it matters: More disruptions could hurt production and financial results.
Worry ifNo new problems with milling operations have been reported.
Less concerning ifThere are shutdowns or delays in milling operations due to wildfires.
Why it matters: Good drilling results can increase resource estimates. This can improve future production chances.
Supportive if10,000 meters of exploration drilling is done at Golden Chest.
Worry ifDrilling is delayed or less than 10,000 meters.