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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.
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Q3 2025 earnings summary12 Nov, 2025

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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Frequently asked questions

Idaho Strategic Resources, Inc. is a resource company involved in the exploration, development, and extraction of mineral resources, focusing on gold, silver, and base metals within the Greater Coeur d'Alene Mining District of North Idaho. The company's portfolio includes the Golden Chest Mine, a producing gold mine; approximately 1,500 acres of patented mineral property and about 5,000 acres of nearby and adjacent un-patented mineral property; rare earth element projects near Salmon, Idaho; and early-stage exploration properties in Central Idaho. The company is headquartered in Coeur d'Alene, Idaho, and its shares are listed on the NYSE.

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