secwatch.observer — SEC 8-K summary
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Issuer:     Idaho Strategic Resources, Inc. (IDR)
CIK:        0001030192
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001654954-24-013886
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Idaho Strategic Q3 revenue up 86% to $6.15M, net income up 376% to $2.00M
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- Revenue of $6.15M (+86.39% YoY); net income $2.00M (+376.44% YoY); EPS $0.15 vs $0.03.
- Gold production 2,892 oz (+45.11% YoY); flotation feed grade 9.32 gpt Au (+45.4%); AISC $1,500.86/oz.
- Exploration continued with three drills; discovered Red Star vein at Golden Chest mine.
- Cash and equivalents at all-time high; plans debt reduction in Q4.
- Rare earth activities: attended industry conferences; advancing Lemhi Pass project.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1030192/000165495424013886/0001654954-24-013886-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1030192/000165495424013886/idr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-013886

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