Is Idaho Strategic Resources Inc (IDR) Stock About to Get Hot Monday?

The market has been high on Idaho Strategic Resources Inc (IDR) stock recently. IDR gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Idaho Strategic Resources Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on IDR!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With IDR Stock Today?

Idaho Strategic Resources Inc (IDR) stock is down -5% while the S&P 500 is up 1.11% as of 10:09 AM on Monday, Oct 16. IDR is lower by -$0.24 from the previous closing price of $4.80 on volume of 3,719 shares. Over the past year the S&P 500 is higher by 18.97% while IDR is lower by -15.08%. IDR lost -$0.07 per share in the over the last 12 months.

More About Idaho Strategic Resources Inc

Idaho Strategic Resources Inc is a vertically integrated, operating junior mining company. It produces gold at the Golden Chest Mine. In addition to gold and gold production, the company maintains a strategic and domestic presence in the Critical Minerals sector and is focused on advancing its officially recognized Diamond Creek and Roberts Rare Earth Element projects in central Idaho. Click Here to get the full Stock Report for Idaho Strategic Resources Inc stock.