In a filing, Idaho Strategic Resources Inc revealed its President & CEO Swallow John unloaded Company’s shares for reported $0.3 million on Nov 08 ’24. In the deal valued at $11.99 per share,25,000 shares were sold. As a result of this transaction, Swallow John now holds 930,248 shares worth roughly $10.47 million.
Then, Swallow John sold 225,000 shares, generating $2,934,000 in total proceeds. Upon selling the shares at $13.04, the President & CEO now owns 955,248 shares.
Before that, Swallow John bought 250,000 shares. Idaho Strategic Resources Inc shares valued at $3,472,500 were divested by the Officer at a price of $13.89 per share.
Price Performance Review of IDR
On Monday, Idaho Strategic Resources Inc [AMEX:IDR] saw its stock fall -6.33% to $11.25. Over the last five days, the stock has lost -15.98%. Idaho Strategic Resources Inc shares have risen nearly 77.69% since the year began. Nevertheless, the stocks have risen 130.53% over the past one year. While a 52-week high of $18.35 was reached on 10/21/24, a 52-week low of $4.75 was recorded on 01/18/24. SMA at 50 days reached $15.15, while 200 days put it at $10.74.
Levels Of Support And Resistance For IDR Stock
The 24-hour chart illustrates a support level at 10.68, which if violated will result in even more drops to 10.11. On the upside, there is a resistance level at 12.01. A further resistance level may holdings at 12.77. The Relative Strength Index (RSI) on the 14-day chart is 28.64, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.74%. Stochastics %K at 6.57% indicates the stock is a buying.
How much short interest is there in Idaho Strategic Resources Inc?
A steep rise in short interest was recorded in Idaho Strategic Resources Inc stocks on 2024-10-15, growing by 0.26 million shares to a total of 0.5 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 0.24 million shares. There was a rise of 51.52%, which implies that there is a positive sentiment for the stock.
