earnings
confidence high
sentiment positive
materiality 0.60
Idaho Strategic Q4 net profit $603,650; FY 2022 revenue up 25.5% gross profit up 218%
Idaho Strategic Resources, Inc.
- Q4 2022 net profit $603,650 vs loss $1,219,518 in Q4 2021; revenue $3.43M (+94.5% YoY).
- FY 2022 revenue $9.58M (up 25.5%); gross profit $1.55M (16.2% margin vs 6.4%) from gold sales.
- Gold production 6,103 oz from mill processing 42,260 dmt at 4.33 gpt Au; AISC $1,777/oz.
- Acquired ~18,030 acres of rare earth projects in Idaho; drilling returned 1.3% TREO over 11.3m.
- Uplisted to NYSE American in March 2022 and rang opening bell from underground mine.