Idaho Strategic price target raised to $10 from $9 at Roth MKM

Roth MKM analyst Mike Niehuser raised the firm’s price target on Idaho Strategic to $10 from $9 and keeps a Buy rating on the shares. The company has reported its first profitable year in 2023, along with five consecutive quarters of stable operations, the analyst tells investors in a research note. By improving operating efficiency, with declining costs during a period of higher gold prices, Idaho Strategic is establishing a record of sustainable profitability, the firm adds.