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Insider Sale: Vice President Grant Brackebusch Sells Shares of Idaho Strategic Resources Inc (IDR)

Published 2024-06-17, 07:50 p/m
Insider Sale: Vice President Grant Brackebusch Sells Shares of Idaho Strategic Resources Inc (IDR)
IDA
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GuruFocus - Vice President Grant Brackebusch sold 12,967 shares of Idaho Strategic Resources Inc (IDR) on June 14, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 118,989 shares of the company.

Idaho Strategic Resources Inc is engaged in the exploration and development of mineral properties. The company focuses on acquiring and developing mineral resources in areas that provide access to key infrastructure and geological potential for large-scale deposits.

Over the past year, the insider has sold a total of 20,572 shares and has not made any purchases. This recent transaction is part of a broader trend observed over the last year, where there have been three insider sells and no insider buys.

Shares of Idaho Strategic Resources Inc were trading at $10.02 on the day of the transaction. The company has a market cap of $128.678 million. The price-earnings ratio stands at 40.40, which is above both the industry median of 17.325 and the company's historical median.

The stock is considered Fairly Valued with a price-to-GF-Value ratio of 0.98, based on a GF Value of $10.26. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

This content was originally published on Gurufocus.com

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