secwatch.observer — SEC 8-K summary
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Issuer:     Idaho Strategic Resources, Inc. (IDR)
CIK:        0001030192
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001654954-24-009644
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Idaho Strategic Q2 revenue up 89% to $6.1M, net income soars 558% to $2.16M
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- EPS of $0.17 vs $0.03 in Q2 2023; net income attributable to IDR $2,157,873.
- Revenue $6.1M vs $3.2M YoY; gross profit $3.07M, up 287%.
- Ounces produced 2,903 (+35% YoY); AISC $1,319/oz (up 18%).
- 6-month net income nearly 4x full-year 2023 total; Golden Chest ore processed 9,260 tonnes.
- Underground and surface drilling ongoing; paste backfill plant construction advancing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1030192/000165495424009644/0001654954-24-009644-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1030192/000165495424009644/njmc_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-009644

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer