Start here if you're new
what it is
Idaho Strategic digs gold in North Idaho and hopes its rare earth ground becomes worth more later.
how it gets paid
Last year Idaho Strategic Res made $26M in revenue. Golden Chest Mine production was the main engine at $26.0M, or 100% of sales.
what just happened
Revenue hit $28M, up 151% vs. prior year, while EPS reached $0.51.
At a glance
B balance sheet — gets the job done, barely
35/100 earnings predictability — expect surprises
54.8x trailing p/e — you're paying up for this one
22.9% return on capital — every dollar works hard here
$0.67 fy2024 eps est
xvary composite: 47/100 — below average
What they do
Idaho Strategic digs gold in North Idaho and hopes its rare earth ground becomes worth more later.
The moat is geography and scarcity. Golden Chest is a producing gold mine, while the company also controls about 1,500 patented acres and more than 5,000 unpatented acres in North Idaho. Asset base → land and mining claims → so your upside is tied to ground competitors do not control.
How they make money
$26M
annual revenue
Golden Chest Mine production
$26.0M
+151%
Murray Gold Belt exploration assets
$0.0M
flat
Idaho REE-Th Belt projects
$0.0M
flat
Central Idaho exploration properties
$0.0M
flat
The products that matter
producing gold mine
Golden Chest Mine
$35.4M · 100% of revenue
it generated all $35.4M of the company's trailing 12-month revenue. if this asset stumbles, your operating story stumbles with it.
100% of revenue
rare earth exploration asset
Niagara Rare Earth Property
2026 drill campaign · not producing
this is the speculative leg of the story. a $546M company is getting credit for an asset that still needs drill results, while the operating business today is only $35.4M in annual revenue.
pre-drill optionality
Key numbers
54.8x
trailing p/e
P/E → how many dollars you pay for $1 of profit → so you are paying a premium price for a very small miner.
32.7%
operating margin
Operating margin → profit after running the business, before interest and taxes → so the mine is throwing off real cash at current prices.
22.9%
return on capital
Return on capital → profit earned on the money tied up in the business → so management is getting strong output from a tiny asset base.
$2M
long-term debt
Long-term debt → money owed over years → so the balance sheet looks light compared with the size of the equity story.
Financial health
B
strength
- balance sheet grade B — adequate — nothing special
- risk rank 3 — safer than 50% of stocks
- price stability 5 / 100
- long-term debt $2M (0% of capital)
B — functional but not a standout on the balance sheet.
Total return vs. market
Return history isn't available for IDR right now.
source: institutional data · return history unavailable
What just happened
beat estimates
Revenue hit $28M, up 151% vs. prior year, while EPS reached $0.51.
Gross margin was 58.3% in the latest quarter. Contrast that with a full-year revenue base of $26M and you get the quiet part: one strong quarter can reshape the whole year for a miner this small.
$28M
revenue
$0.51
eps
58.3%
gross margin
the number that mattered
$28M mattered most because one quarter exceeded the company's prior $26M annual revenue base, which shows how lumpy and powerful mine output can be.
source: company earnings report, 2025
Get this snapshot in your inbox
This page, delivered free — plus weekly updates when the numbers change. plain english, no spam.
weekly updates
earnings alerts
plain english
no spam
What could go wrong
the top risk is Golden Chest concentration risk — one producing mine still supports 100% of revenue, so a mine problem becomes a company problem in one step.
med
single-mine dependency
all $35.4M in trailing revenue comes from Golden Chest. any production issue, reserve disappointment, permitting delay, or operational stumble hits the whole operating base at once.
100% of current operating revenue rides on one asset
med
Niagara drill disappointment
the rare earth property still needs the planned 2026 drill campaign. if those results fail to show something meaningful, the market has to fall back on valuing the stock for the mine it has, not the story it wants.
the speculative premium can compress toward the current mining business
med
gold price exposure
gold sales are 100% of revenue today. if gold weakens, the only producing business weakens with it, and there is no second segment offsetting that pressure.
100% of current revenue is exposed to one commodity
100% of current revenue comes from one mine and one commodity, while the rare earth upside is still pre-drill. that's a narrow bridge for a 54.8x earnings stock.
source: institutional data · regulatory filings · risk analysis
Pay attention to
catalyst calendar
2026 Niagara drill campaign
this is the event that turns Niagara from story into data. until drilling begins, part of your thesis is still faith in a future press release.
key metric
Golden Chest staying at 100% of revenue
if the next snapshot still shows all revenue from one asset, the diversification story is still just that — a story.
trend
whether Q3 earnings strength sticks
$3.0M in quarterly net income was a real step up. you want to see repeatability next, not one sharp quarter followed by silence.
risk
price stability at 5 / 100
this is not decoration. if you own IDR, the fundamentals may move one way while the stock takes the scenic route.
Analyst rankings
earnings predictability
35 / 100
low predictability. in human-speak, quarterly numbers can swing hard because one asset carries the whole model.
risk rank
3
middle-of-the-pack on the rating scale. the stock action still feels rougher because 5 / 100 price stability changes the experience of owning it.
price stability
5 / 100
very low stability. translation: if you own this, you should expect a rough ride between updates.
source: institutional data
Institutional activity
institutional ownership data for IDR is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$38
current price
n/a
target midpoint · n/a from current
Want the deeper analysis?
The full deep dive: dcf model, scenario analysis, competitive moat breakdown, and quarterly tracking — everything on this page, taken further.
see plans from $5/moThe deep dive