Idaho Strategic Resources, Inc. (NYSE:IDR) is among the Most Profitable Stocks.
On May 21, 2026, Idaho Strategic Resources, Inc. said a project proposal submitted to the US Department of Energy under Funding Opportunity 3105 was selected for funding. A May 19 DOE announcement was a “welcomed achievement” following its December 2023 submission, as per the firm. The company said the project brings together Idaho stakeholders to move forward with the exploration and extraction of rare earth elements for potential marketing.
On May 14, 2026, Idaho Strategic Resources, Inc. reported Q1 EPS of $0.40 as compared to $0.12 last year, while reporting revenue of $14.48 million compared with $7.28 million. The corporation said ounces produced rose 11.52% year over year to 3,234 from 2,900.
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CEO John Swallow said “record first quarter results” showed execution with increased production and expanded drilling programs supported the plan. The CEO also noted new permits and acquisitions that add copper and silver exposure and long-term exploration targets.
Idaho Strategic Resources, Inc. is involved in the exploration and development of gold, silver, and base metal resources. It has mineral properties, including the Golden Chest Mine, Murray Gold Belt, Butte Highlands, and Central Idaho.
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