Key Highlights

  • Second quarter Revenue rose 13.25% to USD 10.7 million from USD 9.5 million, with realized gold at USD 4,277.53 per ounce providing the lift.
  • Net income attributable to the company rose 31.95% to USD 3.65 million, equal to USD 0.23 per basic and diluted share against USD 0.20 in the same quarter a year earlier.
  • All-in sustaining cost reached USD 2,261.81 per ounce, 16.08% higher than a year earlier, as feed grade dropped 20.86% to 7.89 grams of gold per tonne.
  • Combined cash and United States treasury paper, a calculated USD 72.4 million, was made up of USD 8.2 million held as cash plus USD 64.2 million of treasuries at June 30, 2026.

November 16 Release and Market Value at Idaho Strategic Resources (NYSEAMERICAN:IDR)

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) plans third quarter 2026 results for Monday, November 16, 2026. The Idaho-based gold and rare earth firm runs the Golden Chest Mine and the New Jersey Mill, and at USD 19.18 a share on October 23, 2026 across 15.83 million shares it is valued near USD 304 million. Published market data puts the trailing Earnings multiple near 18.6. The comparison base is the second quarter: revenue of USD 10.7 million, Operating Income of USD 3.7 million, Gross Profit of USD 6.0 million, and six-month revenue of USD 25.2 million.

Second Quarter Production, Ore Grade and Cost Pressures at Idaho Strategic Resources (NYSEAMERICAN:IDR)

Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) reported gold output of 3,047 ounces for the quarter, a 1.23% gain, while the plant handled 11,094 tonnes of ore at 91.4% recovery. Cost of sales climbed 17.49%, reaching USD 4.7 million. A wildfire halted the New Jersey Mill for roughly June 16 to June 24. Net Income attributable to the company for the first half totaled USD 10.0 million, which equals USD 0.64 per basic share. No numeric guidance has been given, although the chief executive described Jumbo vein output as expected to begin in the third quarter, with Paymaster zone development a little ahead of schedule.

Cash, Treasury Notes and Gold Price Sensitivity at Idaho Strategic Resources (NYSEAMERICAN:IDR)

For Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR), cash stood at USD 8.2 million at June 30, 2026, and non-current treasury notes were USD 32.4 million, with USD 31.8 million classed as current. Notes payable were USD 2.1 million, total Assets reached USD 130.0 million and Equity came to USD 123.2 million. The calculated gap between the realized gold price and the All-In Sustaining Cost is USD 2,015.72 per ounce. Risks include gold price swings, lower ore grades, interruptions like the June wildfire, the build-out of the Murray mill and tailings site, and rare earth exploration costs.

Where Things Stand

Ahead of the November 16, 2026 release, Idaho Strategic Resources, Inc. (NYSEAMERICAN:IDR) shows margins that record gold prices support and costs pressure. The realized USD 4,277.53 per ounce price pushed second quarter revenue to USD 10.7 million, but all-in sustaining cost climbed to USD 2,261.81 per ounce and feed grade fell to 7.89 grams per tonne. Calculated cash plus treasury notes of about USD 72.4 million supports work at Golden Chest, the Murray mill and rare earth testing. Start of Jumbo vein output in the third quarter is the key operating milestone this report should address.