Earnings ·
Idaho Strategic Resources reported second quarter 2026 financial results with revenue increasing 13.25% to $10,732,335…
IDRIdaho Strategic Resources, Inc.
Idaho Strategic Resources reported second quarter 2026 financial results with revenue increasing 13.25% to $10,732,335 and net income attributable to IDR rising 31.95% to $3,651,596. Earnings per share increased by 15.00% to $0.23, driven by a 32.70% rise in the average realized gold price to $4,277.53. The company produced 3,047 ounces of gold with an all-in sustaining cost of $2,261.81 per ounce. Operations faced challenges from a wildfire that temporarily shut down the New Jersey mill and geological transitions in the H-vein requiring adjusted mining methods. Idaho Strategic Resources is a gold producer operating in Idaho that also controls significant rare earth elements land holdings.