Roth Capital raised the firm’s price target on Idaho Strategic (IDR) to $45 from $35 and keeps a Buy rating on the shares. The firm cites the company’s results from its 2025 field season at its Lemhi Pass rare earth element project near Salmon, Idaho, which was “the most comprehensive first pass reconnaissance, identifying at least eight neodymium prospects in areas of high radiometric readings”, the analyst tells investors in a research note. Roth further adjusts its model to reflect the recent increase in gold prices benefiting the stock.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IDR:
- Idaho Strategic releases results from soil sampling at Lemhi Pass project
- Idaho Strategic Resources Reports Strong Financial Growth
- Idaho Strategic price target raised to $35 from $30 at Roth Capital
- Idaho Strategic reports Q3 EPS 20c vs. 12c last year
- Idaho Strategic files automatic mixed securities shelf