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Idaho Strategic Resources (IDR) investor relations material
Idaho Strategic Resources Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q3 2025 increased 80.1% year-over-year, driven by higher gold prices and increased production volumes.
Net income for Q3 2025 rose 88.4% year-over-year, with a nine-month net income up 24.4% compared to the prior year.
Gross profit margin improved to 63.6% in Q3 2025 from 48.7% in Q3 2024, with gross profit up 135.12%.
Major operational focus remained on the Golden Chest Mine, expansion of rare earth element (REE) exploration, and acquisition of the Toboggan project.
Completed 9,082 meters of drilling and advanced construction of new facilities, including a flotation mill and paste backfill system.
Financial highlights
Q3 2025 revenue: $11.1M (Q3 2024: $6.2M); nine-month revenue: $27.8M (2024: $18.2M).
Q3 2025 net income: $2.97M (Q3 2024: $1.57M); nine-month net income: $7.29M (2024: $5.86M).
Cash and cash equivalents at period end: $3.78M; total assets: $83.1M.
Operating cash flow for nine months: $8.36M; net cash from financing: $27.1M.
Earnings per share (EPS) reached $0.20, up 66.67% from the prior year.
Outlook and guidance
Management expects continued investment in exploration and development at Golden Chest, REE properties, and the Toboggan project.
On track to deliver highest annual production and most meters drilled in company history.
Cash flows and existing cash are considered sufficient for planned operations and obligations over the next 12 months.
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