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How to Buy Idaho Strategic Resources Stock

Idaho Strategic Resources Inc

Idaho Strategic Resources is a gold company located in Idaho, United States, which is part of the Basic Materials sector, and is traded under the ticker IDR on the NYSEMKT exchange.

Idaho Strategic Resources stock last closed at $9.46, up 0.64% from the previous day, and has increased 81.92% in one year. It has overperformed other stocks in the Gold industry by 0.79 percentage points. Idaho Strategic Resources stock is currently +111.16% from its 52-week low of $4.48, and -10.75% from its 52-week high of $10.60.

As of Jun 21, 2024, there are 12.74M shares of IDR outstanding. The market capitalization of IDR is $120.52M. In the past 24 hours, 56,125 IDR shares were traded.

How to Buy Idaho Strategic Resources Stock

Not sure how to invest in Idaho Strategic Resources stock? Here's how.
  1. Choose where to buy Idaho Strategic Resources stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Idaho Strategic Resources stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Select your payment method and add your info.
  4. Research Idaho Strategic Resources stock: The Idaho Strategic Resources ticker symbol is IDR. Is Idaho Strategic Resources stock a good investment? Should you buy shares of IDR? How do IDR's underlying business fundamentals look? Do top analysts think Idaho Strategic Resources is a good buy? Why has IDR's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if IDR is a good stock to buy).
  5. Place your IDR purchase: Decide if you will purchase IDR shares at the current market price or use a limit order to purchase IDR shares at a given price.
  6. Watch your investment in IDR: Create a watchlist to track your investment in Idaho Strategic Resources shares.

Step 1: Choose where to buy Idaho Strategic Resources stock

You need a brokerage account in order to access the NYSEMKT market and buy IDR stock.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've selected your brokerage, the next step is to fill out some personal information so you can invest in IDR stock today.

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Step 3: Put funds into your brokerage account

Now that you have opened your account on apps for stock market, you need to deposit funds:

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Step 4: Research Idaho Strategic Resources stock

Once you have identified the best place to buy Idaho Strategic Resources stock, it's absolutely critical to evaluate their stock before you buy, so you actually comprehend the risk as well as the upside.

Idaho Strategic Resources stock data

IDR Price
$9.46
1w %
-7.62%
1y %
81.92%
5y %
382.65%
P/E
37.84x
P/B
5.57x
P/S
7.3x
PEG
N/A
Revenue
$16.21M
Earnings
$3.27M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$120.52M
Next Earnings
Aug 12, 2024
Next Dividend
N/A

Idaho Strategic Resources Fundamentals

WallStreetZen was created to help everyday investors perform better fundamental analysis quickly.

You can view all of the due diligence checks on IDR's stock page.

Is IDR stock undervalued?

Investors use many financial metrics, analyses, models, and charts to gauge IDR's true value.

Using relative valuations metrics:

  • IDR could be overvalued based on its P/E ratio of 37.84x, relative to Gold industry P/E ratio of 7.48x
  • IDR may be overvalued based on its P/B ratio of 5.57x, relative to Gold industry P/B ratio of 1.74x

You can do additional valuation analysis on IDR's stock here.

A quick look at IDR Financials

Pros:

  • Total IDR debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the IDR balance sheet.
  • There are more short-term assets than short-term liabilities on the IDR balance sheet.
  • IDR earnings of $3.32M is not sufficient to cover its interest payments.
  • IDR has a low debt to equity ratio of 0.2.
  • IDR profit margin has gone up from -18.6% to 20.2% in the past year.
  • IDR's operating cash flow of $4.52M allows it to safely service it's debt of $3.26M.

Is Idaho Strategic Resources stock a Buy, Hold, or Sell, according to analysts?

Out of 1 Wall Street analysts who track IDR, the consensus analyst rating on Idaho Strategic Resources is a Strong Buy

Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Idaho Strategic Resources stock forecast page.

IDR Technical Indicators

SMA10
9.8
SMA20
9.6
SMA50
9.39
SMA100
8.58
SMA200
7.08
MACD
0.09
MACD Signal
0.14
MACD Histogram
-0.04
RSI
48.15
Stochastic %K
48.02
Stochastic %D
60.86
StochRSI %K
32.61
StochRSI %D
51.02

Is IDR Growing Revenue?

Last year, IDR revenue was $16.21M. In the past five year, IDR's revenue has increased by 34.58% per year. This was faster than the Gold industry average of 14.38%.

Dig into IDR's earnings and revenue performance here.

What are IDR executives and large shareholders up to?

Over the last year, insiders at IDR have sold more shares than they have bought.

Grant A. Brackebusch, Vice President of IDR, was the latest IDR insider to sell. They sold $68,958.89 worth of IDR shares on Jun 14, 2024.

Learn more about who owns IDR stock here.

Does IDR provide a stable income stream?

No, Idaho Strategic Resources doesn't provide an income stream by paying out dividends.

IDR Social Trading Data

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Step 5: Place your IDR purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given price limit, place a limit order.

Click the Open Trade button and your broker will execute your order.

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Step 6: Watch your investment in IDR

Now that you own some IDR stock, you'll want to keep up with your shares.

Add IDR to a watchlist to get notified of important updates regarding your IDR stock.

IDR Feed

How to Buy Stock in Idaho Strategic Resources

To reiterate, here are the 6 steps you need to take to buy Idaho Strategic Resources stock right now:

  1. Choose where to buy Idaho Strategic Resources stock
  2. Sign up for a brokerage account
  3. Put funds into your brokerage account
  4. Research Idaho Strategic Resources stock
  5. Place your IDR purchase
  6. Watch your investment in IDR

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If you would like to get the latest news on your investment in Idaho Strategic Resources, create a watchlist on WallStreetZen today.

NYSEMKT: IDR
$9.46+0.06 (+0.64%)
Updated Jun 21, 2024
Open eToro Account
NYSEMKT: IDR
$9.46+0.06 (+0.64%)
Updated Jun 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one Idaho Strategic Resources share?

As of Jun 21, 2024, it costs $9.46 to buy one share of Idaho Strategic Resources stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $4, you can buy 0.423 shares of IDR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Idaho Strategic Resources stock?

According to 1 Wall Street analysts who monitor Idaho Strategic Resources, their consensus recommendation is to buy Idaho Strategic Resources stock.

What is the best way to buy Idaho Strategic Resources stock?

One way to place an order for Idaho Strategic Resources stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.