Recent Updates — IDR
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.
Idaho Strategic Resources, Inc. announced the resignation of its independent registered public accounting firm, Assure CPA, LLC, following its merger into Sadler, Gibb & Associates, LLC. The company has engaged Sadler, Gibb & Associates, LLC as its new independent registered public accounting firm for the fiscal year ending December 31, 2026.