earnings
confidence high
sentiment positive
materiality 0.70
Idaho Strategic Q3 revenue up 89% to $3.3M, net income $404K vs year-ago loss
Idaho Strategic Resources, Inc.
- Revenue $3.30M vs $1.75M in Q3 2022 (+89%); nine-month revenue $9.88M exceeds full-year 2022 total.
- Net income $403,983 (Q3 2022 net loss $1.91M); fourth consecutive profitable quarter.
- Gross profit margin improved to 33.5% from -13.1% a year ago; operating income $413,461 vs loss $1.89M.
- Gold processed 10,430 dmt at 6.41 gpt head grade with 92.1% recovery; H-Vein continues production.
- Exploration: >23% TREE at Mineral Hill traced 0.5+ miles; Lemhi Pass trenching commenced at three prospects.