Roth Capital raised the firm’s price target on Idaho Strategic (IDR) to $30 from $25 and keeps a Buy rating on the shares. The firm’s recent visit to its projects in the Idaho REE-Thorium Belt near Salmon, Idaho, confirm that it may have one of the world’s most prospective undeveloped REE-thorium projects, the analyst tells investors in a research note. Idaho Strategic has the wind at its back, with record gold prices and strategic minerals, and it is now realizing the benefits of years building culture, capital structure and opportunities, the firm added.
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