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Idaho Strategic Resources Inc

$32.47
Market Cap 513.23M
ROE 24.7%
Gross Margin 66.0%
Debt/Equity 0.0
Current Ratio 12.8
Revenue QoQ 99.0%
EPS QoQ 2.3%
F-Score 5

About

Headquartered in North Idaho, New Jersey Mining Company is the rare example of a vertically integrated, operating junior mining company. NJMC produces gold at the Golden Chest Mine and recently consolidated the Murray Gold Belt (MGB) for the first time in over 100-years. The MGB is an overlooked gold producing region within the Coeur d'Alene Mining District, located north of the prolific Silver Valley. In addition to gold, the Company maintains a presence in the Critical Minerals sector and is focused on identifying and exploring for Critical Minerals (Rare Earth Minerals) important to our country's defensive readiness and a low-carbon future. New Jersey Mining Company possesses the in-house skillsets of a much larger company while enjoying the flexibility of a smaller and more entrepreneurial corporate structure. Its production-based strategy, by design, provides the flexibility to advance the Murray Gold Belt and/or its Critical Minerals holdings on its own or with a strategic partner in a manner that is consistent with its existing philosophy and culture. NJMC has established a high-quality, early to advanced-stage asset base in four historic mining districts of Idaho and Montana, which includes the currently producing Golden Chest Mine. Management is stakeholder focused and owns more than 15-percent of NJMC stock. The Company's common stock trades on the OTC-QB under the symbol "NJMC."

Exchange
AMEX
Sector
Basic Materials
Industry
Gold

Sector context

Basic Materials

Fair Value

Trading at a discount to sector peers

P/E
27.13
vs median 24.69
P/B
5.00
vs median 1.75
ROE
0.25
vs median 0.08

Decent quality with acceptable fundamentals

Small-cap company with higher volatility

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