Is it Time to Dump Idaho Strategic Resources Inc (IDR) Stock After it Has Gained 15.83% in a Week?

Overall market sentiment has been high on Idaho Strategic Resources Inc (IDR) stock lately. IDR receives a Bullish rating 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?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With IDR Stock Today?

Idaho Strategic Resources Inc (IDR) stock has gained 1.91% while the S&P 500 is lower by -0.18% as of 10:25 AM on Friday, Dec 1. IDR has gained $0.13 from the previous closing price of $6.82 on volume of 10,496 shares. Over the past year the S&P 500 has gained 11.75% while IDR has gained 26.13%. IDR earned $0.12 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 58.73. To screen for more stocks like Idaho Strategic Resources Inc click here.

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.