Cantor Fitzgerald L. P. Has $933,000 Stock Position in Idaho Strategic Resources, Inc. $IDR

Cantor Fitzgerald L. P. reduced its stake in shares of Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) by 50.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,600 shares of the company’s stock after selling 28,650 shares during the quarter. Cantor Fitzgerald L. P.’s holdings in Idaho Strategic Resources were worth $933,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. NewEdge Advisors LLC grew its position in Idaho Strategic Resources by 108.8% in the 1st quarter. NewEdge Advisors LLC now owns 30,551 shares of the company’s stock worth $437,000 after purchasing an additional 15,917 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Idaho Strategic Resources by 21.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 52,099 shares of the company’s stock worth $746,000 after purchasing an additional 9,298 shares during the period. Geode Capital Management LLC raised its position in shares of Idaho Strategic Resources by 127.1% during the second quarter. Geode Capital Management LLC now owns 285,573 shares of the company’s stock valued at $3,736,000 after buying an additional 159,850 shares during the last quarter. Police & Firemen s Retirement System of New Jersey acquired a new position in shares of Idaho Strategic Resources during the second quarter valued at about $39,000. Finally, Citizens Financial Group Inc. RI lifted its stake in shares of Idaho Strategic Resources by 21.7% in the second quarter. Citizens Financial Group Inc. RI now owns 14,000 shares of the company’s stock valued at $183,000 after buying an additional 2,500 shares during the period. 8.70% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, Roth Mkm reissued a “buy” rating on shares of Idaho Strategic Resources in a research report on Friday, December 12th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Idaho Strategic Resources has an average rating of “Buy” and a consensus target price of $17.50.

Insider Activity

In other news, CEO John Swallow sold 30,000 shares of the stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $43.44, for a total value of $1,303,200.00. Following the completion of the transaction, the chief executive officer owned 665,778 shares in the company, valued at approximately $28,921,396.32. This represents a 4.31% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 8.69% of the company’s stock.

Idaho Strategic Resources Stock Down 9.5%

Shares of IDR stock opened at $30.45 on Thursday. The stock has a market cap of $474.72 million, a P/E ratio of 43.50 and a beta of 0.88. Idaho Strategic Resources, Inc. has a one year low of $12.20 and a one year high of $54.70. The stock has a fifty day moving average price of $40.24 and a 200 day moving average price of $37.91. The company has a debt-to-equity ratio of 0.02, a current ratio of 8.55 and a quick ratio of 8.34.

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.