earnings
confidence high
sentiment positive
materiality 0.75
Idaho Strategic Q1 revenue up 63% to record $3.34M; swings to net income of $44K
Idaho Strategic Resources, Inc.
- Revenue $3,341,596 vs $2,044,417 YOY; record first quarter.
- Net income $44,186 vs net loss $473,069; operating income $13,023 vs loss $426,166.
- Gross margin 15% to 26%; 11,144 dmt processed at 91.5% gold recovery.
- REE landholdings ~18,030 acres (largest in US); Diamond Creek: up to 2.2% TREO.
- Cash cost/AISC up due to increased underground mining; Jumbo pit completed.