Idaho Strategic Resources Inc. ( (IDR) ) has released its Q2 earnings. Here is a breakdown of the information Idaho Strategic Resources Inc. presented to its investors.
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Idaho Strategic Resources, Inc. is a gold producer and critical minerals exploration company operating primarily in Idaho, focusing on gold production and rare earth elements exploration. The company recently reported its earnings for the second quarter of 2025, highlighting significant growth in revenue and net income compared to the previous year. Key financial metrics include a 55% increase in quarterly revenue to $9.48 million and a net income of $2.77 million, reflecting a strong operational performance. The company also reported a substantial increase in total assets, driven by investments in US treasury notes and property, plant, and equipment. Looking forward, Idaho Strategic Resources aims to continue expanding its gold production and exploration activities while maintaining a focus on cost management and strategic investments in rare earth elements to capitalize on growing market opportunities.