IDR on NYSE

Idaho Strategic Resources, Inc.

American Gold and Silver Ores company based in Coeur d'Alene. Summary from the record

Price unavailable

Last updated Oct 19, 2026.

Overview

Compare with Elemental Royalty Corp, HYCROFT MINING HOLDING CORP or TRX GOLD Corp, or pick any stock.

  • TickerIDR on NYSE1
  • IndustryGold and Silver Ores1
  • HeadquartersCoeur D'Alene, Idaho1
  • Incorporated inID2
  • Business address201 N. 3Rd Street, Coeur D'Alene, Id 838142
  • Filer categoryNon-accelerated filer, Smaller reporting company2
  • Legal formCorporation

See how the biggest companies compare on our leaderboards

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

61.8%Gross margin3
36.8%Operating margin3
39.4%Net margin3
64.6%Revenue growth, 20253
15.5%Return on equity3
0.02×Debt to equity3
$12.4MFree cash flow3

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Gold brought in 50% of the revenue Idaho Strategic Resources, Inc. broke down this way in fiscal 2025.

  1. Gold$42.9M350%up 62% from 2024
  2. Concentrate sales to H&H$41.4M348%up 63% from 2024
  3. Dore Sales To Refineries$973.1K31%up 256% from 2024
  4. Silver$234.5K30%up 92% from 2024
Products and services by year
Products and services20242025
Gold$26.4M$42.9M
Concentrate sales to H&H$25.5M$41.4M
Dore Sales To Refineries$273.0K$973.1K
Silver$121.9K$234.5K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue38¢$16.2M
  • Other costs21¢$9.1M
  • Income tax1¢$426.1K
  • Profit39¢$16.7M

Out of $42.4M in revenue.3

Where each dollar of operating cash went, fiscal 2025

  • Capital spending35¢$6.7M
  • Kept or used elsewhere65¢$12.4M

Out of $19.1M of cash from operations.3

Financial statements

Revenue45673$42.4M in 2025+647% since 2019
0$20.0M$40.0M$60.0M2019: $5.7M$5.7M20192020: $5.7M$5.7M2020+0%2021: $7.6M$7.6M2021+34%2022: $9.6M$9.6M2022+26%2023: $13.7M$13.7M2023+43%2024: $25.8M$25.8M2024+89%2025: $42.4M$42.4M2025+65%
Gross profit845673$26.2M in 2025+3448% since 2019
0$10.0M$20.0M$30.0M2019: $738.5K$738.5K20192020: $67.5K$67.5K2020−91%2021: $487.9K$487.9K2021+622%2022: $1.6M$1.6M2022+219%2023: $4.0M$4.0M2023+155%2024: $13.0M$13.0M2024+227%2025: $26.2M$26.2M2025+102%
Operating income845673$15.6M in 2025
-$5.0M0$5.0M$10.0M$15.0M$20.0M2019: -$686.0K-$686.0K20192020: -$995.1K-$995.1K2020+45%2021: -$3.1M-$3.1M2021+208%2022: -$2.6M-$2.6M2022−17%2023: $1.0M$1.0M20232024: $8.4M$8.4M2024+732%2025: $15.6M$15.6M2025+85%
Net income845673$16.7M in 2025
-$5.0M0$5.0M$10.0M$15.0M$20.0M2019: -$726.5K-$726.5K20192020: -$739.9K-$739.9K2020+2%2021: -$3.3M-$3.3M2021+341%2022: -$2.6M-$2.6M2022−19%2023: $1.2M$1.2M20232024: $8.8M$8.8M2024+663%2025: $16.7M$16.7M2025+89%

Every line of the income statement as filed: the last 2 fiscal years, latest first.3

Period ending2025-12-312024-12-31
Revenue-gold sales$42.4M$25.8M
Cost of sales and other direct production costs$13.9M$10.9M
Depreciation and amortization$2.3M$2.0M
Total cost of sales$16.2M$12.8M
Gross profit$26.2M$13.0M
Exploration$7.6M$2.9M
Loss on disposal of equipment$343.9K$1.4K
Management$945.6K$407.7K
Professional services$585.1K$432.2K
General and administrative$1.1M$763.0K
Total other operating expenses$10.6M$4.5M
Income from operations$15.6M$8.4M
Equity income on investment in Buckskin Gold and Silver, Inc.-$3.6K-$2.7K
(Gain) loss on investment in equity securities and mutual funds-$110.1K$453
Timber revenue-$9.7K-$19.4K
Dividend income-$50.9K$0
Interest income-$1.3M-$389.5K
Interest expense$0$83.3K
Total other (income) expense-$1.5M-$327.8K
Income before income taxes$17.1M$8.8M
Income tax provision$426.1K$0
Net income$16.6M$8.8M
Net loss attributable to non-controlling interest-$84.5K-$83.3K
Net income attributable to Idaho Strategic Resources, Inc.$16.7M$8.8M
Net income per common share-basic$1.15$0.68
Weighted average common shares outstanding-basic14.5M shares13.0M shares
Net income per common share-diluted$1.14$0.67
Weighted average common shares outstanding-diluted14.7M shares13.2M shares

Compare Idaho Strategic Resources, Inc. with another company

Leadership

Who has led Idaho Strategic Resources, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Fred W. Brackebusch2006–2008
  2. R. Patrick Highsmith2014–2015
  3. Delbert W. Steiner2016–2017
  4. John Swallow2017–now

President

  1. Fred W. Brackebusch2006–2013
  2. John Swallow2013–2014
  3. R. Patrick Highsmith2014

Chief financial officer

  1. Grant A. Brackebusch2024–now
2010201520202025
Board members and other officers (14)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • DirectorKevin Shiell named Oct 18, 2021 to Feb 22, 202228

Former names

  • NEW JERSEY MINING COMay 19, 2000 to Dec 6, 20212

Timeline

  1. Jun 12, 2017New chief executive John Swallow becomes CEO11
  2. Jan 4, 2016New chief executive Delbert W. Steiner becomes CEO12
  3. Dec 11, 2014New chief executive R. Patrick Highsmith becomes CEO13
  4. Nov 1, 2006New chief executive Fred W. Brackebusch becomes CEO14

Filings

210 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 52 major events, 67 insider forms, 10 large holders, 3 private raises, 57 other. The latest 20:

  1. Aug 14, 20268-K EDGAR
  2. Aug 13, 202610-Q EDGAR
  3. Jun 11, 20268-K EDGAR
  4. Jun 8, 20268-K EDGAR
  5. Jun 3, 2026144 EDGAR
  6. May 22, 20264 EDGAR
  7. May 14, 20268-K EDGAR
  8. May 14, 202610-Q EDGAR
  9. May 12, 2026SCHEDULE 13G EDGAR
  10. May 1, 2026DEF 14A EDGAR
  11. Mar 27, 2026SCHEDULE 13G/A EDGAR
  12. Mar 24, 20268-K EDGAR
  13. Mar 23, 202610-K EDGAR
  14. Feb 9, 2026SCHEDULE 13G EDGAR
  15. Jan 21, 2026SCHEDULE 13G/A EDGAR
  16. Jan 16, 20264 PRIMARY DOCUMENT EDGAR
  17. Jan 16, 2026144 EDGAR
  18. Jan 9, 20264 EDGAR
  19. Jan 8, 20264 PRIMARY DOCUMENT EDGAR
  20. Jan 6, 20264 EDGAR

The 210 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

34 open-market trades by officers, directors and large owners since October 2021: 8 buys and 26 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jan 16, 2026BRACKEBUSCH GRANT ACFO/Vice PresidentSale14,243$44.49$633.7KForm 4
Dec 30, 2025Swallow JohnPresident & CEOSale20,000$41.72$834.4KForm 4
Dec 22, 2025Swallow JohnPresident & CEOSale30,000$43.44$1.3MForm 4
Nov 18, 2025Beaven Richard ScottDirectorSale2,000$34.64$69.3KForm 4
Sep 23, 2025Swallow JohnPresident & CEOSale87,470$30.31$2.7MForm 4
Sep 22, 2025Morgan Robert JohnVP ExplorationSale7,143$30.52$218.0KForm 4
Sep 19, 2025BRACKEBUSCH GRANT ACFO/Vice PresidentSale15,937$29.52$470.5KForm 4
Aug 19, 2025Swallow JohnPresident & CEOSale50,000$23.51$1.2MForm 4
Aug 11, 2025Shiell Kevin GDirectorSale6,500$25.03$162.7KForm 4
Jul 18, 2025Hayes Monique DCorporate SecretarySale4,829$21.00$101.4KForm 4
Jul 10, 2025Hayes Monique DCorporate SecretarySale12,724$15.36$195.4KForm 4
Jul 10, 2025Swallow JohnPresident & CEOSale100,000$15.27$1.5MForm 4
May 23, 2025Shiell Kevin GDirectorSale3,500$13.37$46.8KForm 4
May 22, 2025Shiell Kevin GDirectorSale1,000$12.55$12.6KForm 4
May 21, 2025Shiell Kevin GDirectorSale3,286$12.62$41.5KForm 4
Nov 14, 2024Hayes Monique DCorporate SecretarySale6,204$11.51$71.4KForm 4
Nov 13, 2024Hayes Monique DCorporate SecretarySale7,746$11.51$89.2KForm 4
Nov 8, 2024Swallow JohnPresident & CEOSale25,000$11.99$299.8KForm 4
Nov 7, 2024Swallow JohnPresident & CEOSale225,000$13.04$2.9MForm 4
Aug 13, 2024Turner Carolyn SDirectorBuy980$10.13$9.9KForm 4

All 34 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Feb 1, 2023Raised $878,500 in a private offering of equity Form D: 6 investors so far Form D
  2. Feb 9, 2022Raised $2.7 million in a private offering of equity Form D: 8 investors so far Form D
  3. Oct 11, 2021Raised $2 million in a private offering of equity Form D: $2 million offered in all Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.1,250,250$40.9M0.0%+106,640
State Street Corp1,231,955$40.3M0.0%+77,181
Vanguard Capital Management LLC662,444$21.7M0.0%+19,182
Geode Capital Management, LLC412,096$13.5M0.0%+27,346
Van Eck Associates Corp375,376$12.3M0.0%−8,889
Nuveen, LLC266,718$8.7M0.0%+165,803
Punch & Associates Investment Management, Inc.222,220$7.3M0.4%+15,000
Citigroup Inc170,573$5.6M0.0%+8,153
Bridgewater Associates, LP167,828$5.5M0.0%−32,021
Navellier & Associates Inc156,851$5.1M0.4%+46,970
Northern Trust Corp156,476$5.1M0.0%+22,784
Vanguard Portfolio Management LLC144,871$4.7M0.0%+17,054
JW Asset Management, LLC141,197$4.6M1.4%−2,000
LPL Financial LLC107,813$3.5M0.0%−19,237
Vanguard Fiduciary Trust Co105,380$3.5M0.0%+5,384
Ameriprise Financial Inc93,681$3.1M0.0%−272
Bank of New York Mellon Corp81,017$2.7M0.0%+4,633
DRW Securities, LLC75,223$2.5M0.1%+61,867
Tudor Investment Corp Et Al74,344$2.4M0.0%New
Goldman Sachs Group Inc66,185$2.2M0.0%−21,270
Morgan Stanley65,838$2.2M0.0%−55,670
Schonfeld Strategic Advisors LLC65,371$2.1M0.0%+1,267
HITE Hedge Asset Management LLC60,543$2.0M0.1%−236,605
Renaissance Technologies LLC60,443$2.0M0.0%+39,395
Jpmorgan Chase & Co58,376$1.9M0.0%+13,366

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33