Idaho Strategic Resources, Inc. IDR

Basic materials SIC 1040 - Gold and Silver Ores NAICS Mining, Quarrying, and Oil and Gas Extraction › Mining (except Oil and Gas) › Metal Ore Mining › Gold Ore and Silver Ore Mining derived NYSE

Idaho Strategic Resources, Inc. ("the Company", "Idaho Strategic" or "IDR") was incorporated under the laws of the State of Idaho on July 18, 1996. The Company's head office and registered records office is located at 201 N. 3rd St. Coeur d'Alene, ID 83814. On December 6, 2021, the Company changed its name to Idaho Strategic Resources, Inc. (formerly New Jersey Mining Company ("NJMC")) to better reflect its corporate focus, Idaho-based operations and being domiciled in Idaho. IDR is one of the few resource-based companies (public or private) possessing the combination of officially recognized U.S. domestic rare earth element properties (in Idaho) and Idaho-based gold production located in an established mining community.

Last close 19.18 2026-10-23
Market cap $303.5M 2026-06-30 share count
52-week range 19.08 - 53.30

Valuation FY2025 figures against the last close

P/S7.2x
P/E16.8x
P/FCF24.5x
EV/EBITDA16.7x
Dividend yield—
Diluted EPS1.14

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $42.4M$25.8M$13.7M$9.6M$7.6M$5.7M$5.7M$3.6M$4.3M$544.8K
Cost of revenue $16.2M$12.8M$9.7M$8.0M$7.1M$5.6M$5.4M$4.4M——
Gross profit $26.2M$13.0M$4.0M$1.6M$487.9K$67.5K$738.5K-$726.9K$1.2M$69.2K
SG&A $1.1M$763.0K$630.1K$1.2M$1.3M$397.3K$454.0K$392.7K$256.4K$219.4K
Total operating expenses $10.6M$4.5M$3.0M$4.1M$3.5M$1.1M$1.4M-$1.6M$891.5K$475.5K
Operating income $15.6M$8.4M$1.0M-$2.6M-$3.1M-$995.1K-$686.0K$824.4K$297.5K-$1.0M
Interest expense $0$83.3K$44.2K$102.8K$49.3K—$84.8K$83.7K$71.1K$80.3K
Pre-tax income $17.1M$8.8M$1.2M-$2.6M-$3.8K-$739.9K-$726.5K$752.3K-$22.1K-$1.4M
Income tax $426.1K$0$0$0$0$0$0$0$0$0
Net income $16.7M$8.8M$1.2M-$2.6M-$3.3M-$739.9K-$726.5K$752.3K-$22.1K-$1.4M
EPS, basic 1.150.680.09———————
EPS, diluted 1.140.670.09————0.000.000.01
Shares, diluted (wtd. avg.) 14.7M13.2M12.3M11.8M10.2M9.2M123.7M122.3M107.9M95.0M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $9.9M$1.1M$2.3M$1.6M$2.0M$2.5M$217.8K$248.8K$124.6K$154.8K
Inventory $965.1K$899.9K$876.7K$618.3K$213.7K$402.5K$225.1K$183.1K$245.2K$184.3K
Total current assets $51.3M$11.7M$4.4M$3.4M$2.9M$3.4M$910.1K$761.8K$784.6K$529.8K
Property, plant and equipment $19.5M$12.9M$10.2M$9.9M$8.3M$7.2M$7.0M$6.6M$5.9M$5.8M
Total assets $116.2M$44.0M$23.9M$21.0M$17.9M$14.7M$10.9M$10.6M$9.4M$8.9M
Accounts payable $1.9M$1.0M$484.2K$579.5K$647.2K$687.3K$529.2K$401.5K——
Total current liabilities $3.7M$2.3M$1.7M$1.6M$1.5M$1.2M$948.5K$725.1K$1.3M$2.3M
Long-term debt $2.3M$1.7M$2.3M$2.2M$961.7K$709.1K——$272.8K$891.3K
Total liabilities $5.4M$3.6M$3.4M$3.3M$4.9M$3.4M$2.2M$1.5M$2.5M$3.7M
Retained earnings $8.3M-$8.4M-$17.2M-$18.4M-$15.8M-$12.7M-$12.0M-$11.4M-$12.3M-$12.3M
Total equity $108.2M$37.7M$20.5M$17.7M$13.1M$11.3M$8.7M$9.1M$3.7M$5.1M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $19.1M$10.8M$2.1M-$1.8M-$1.4M-$482.4K$206.4K-$1.4M$337.6K-$672.9K
Depreciation and amortisation $2.1M$1.8M——$814.4K$575.7K$580.0K$367.9K——
Stock-based compensation $1.5M$0$0$547.3K$1.1M$0$190.0K$42.0K$141.4K$292.2K
Capital expenditure $6.7M$2.2M$772.2K$1.4M$664.6K——$317.5K$144.5K$131.7K
Investing cash flow -$61.5M-$20.8M-$2.1M-$2.4M-$3.1M-$1.6M$79.8K$2.1M-$176.8K-$448.9K
Financing cash flow $51.1M$8.7M$647.2K$3.8M$3.9M$4.4M-$317.2K-$606.8K-$191.0K$1.2M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001654954-26-002560.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -20M 0 20M 40M 60M Revenue, FY2016: 544.8K Gross profit, FY2016: 69.2K Net income, FY2016: -1.4M Revenue, FY2017: 4.3M Gross profit, FY2017: 1.2M Net income, FY2017: -22.1K Revenue, FY2018: 3.6M Gross profit, FY2018: -726.9K Net income, FY2018: 752.3K Revenue, FY2019: 5.7M Gross profit, FY2019: 738.5K Net income, FY2019: -726.5K Revenue, FY2020: 5.7M Gross profit, FY2020: 67.5K Net income, FY2020: -739.9K Revenue, FY2021: 7.6M Gross profit, FY2021: 487.9K Net income, FY2021: -3.3M Revenue, FY2022: 9.6M Gross profit, FY2022: 1.6M Net income, FY2022: -2.6M Revenue, FY2023: 13.7M Gross profit, FY2023: 4M Net income, FY2023: 1.2M Revenue, FY2024: 25.8M Gross profit, FY2024: 13M Net income, FY2024: 8.8M Revenue, FY2025: 42.4M Gross profit, FY2025: 26.2M Net income, FY2025: 16.7M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $544.8K $4.3M $3.6M $5.7M $5.7M $7.6M $9.6M $13.7M $25.8M $42.4M
Gross profit $69.2K $1.2M -$726.9K $738.5K $67.5K $487.9K $1.6M $4.0M $13.0M $26.2M
Net income -$1.4M -$22.1K $752.3K -$726.5K -$739.9K -$3.3M -$2.6M $1.2M $8.8M $16.7M

Recent filings and events

  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Auditor changed The company changed auditors. Sometimes routine; historically one of the more reliable warnings that something is wrong. Item 4.01
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Regulation FD disclosure Item 7.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Regulation FD disclosure Item 7.01
  • Shareholder vote Item 5.07
  • Regulation FD disclosure Item 7.01
  • Annual report filed Form 10-K

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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