Navellier & Associates Inc. Buys 79,950 Shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR)

Navellier & Associates Inc. grew its stake in Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) by 160.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 129,767 shares of the company’s stock after purchasing an additional 79,950 shares during the quarter. Navellier & Associates Inc.’s holdings in Idaho Strategic Resources were worth $1,322,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Eastern Bank bought a new position in shares of Idaho Strategic Resources during the third quarter valued at approximately $40,000. Quantbot Technologies LP bought a new position in shares of Idaho Strategic Resources during the third quarter valued at approximately $79,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Idaho Strategic Resources during the third quarter valued at approximately $90,000. Barclays PLC lifted its position in Idaho Strategic Resources by 10,713.2% during the third quarter. Barclays PLC now owns 9,840 shares of the company’s stock valued at $158,000 after acquiring an additional 9,749 shares during the last quarter. Finally, Centiva Capital LP purchased a new stake in Idaho Strategic Resources during the third quarter valued at approximately $237,000. 8.70% of the stock is currently owned by institutional investors.

Idaho Strategic Resources Price Performance

NYSEAMERICAN:IDR opened at €12.66 ($13.19) on Friday. Idaho Strategic Resources, Inc. has a 52 week low of €6.83 ($7.11) and a 52 week high of €18.35 ($19.11). The company has a debt-to-equity ratio of 0.06, a current ratio of 5.52 and a quick ratio of 5.15. The company has a market cap of $172.94 million, a P/E ratio of 24.82 and a beta of 0.80.

Idaho Strategic Resources Profile

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.