Idaho Strategic Resources, Inc. (NJMC) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Idaho Strategic Resources, Inc. (NJMC) trades at $12.00. Idaho Strategic Resources, Inc. is focused on exploring and developing gold, silver, and base metal resources within the Coeur d'Alene Mining District. Sector: Basic materials.
Price as of Aug 21, 2026 · Last analyzed: Mar 17, 2026Analyst Coverage for NJMC: NJMC does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NJMC against Basic Materials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
Not enough scored data yet to form a council read on NJMC.
How is this calculated? →Idaho Strategic Resources, Inc. (NJMC) Materials & Commodity Exposure
Idaho Strategic Resources, Inc. (NJMC) is a basic materials company focused on gold exploration and development in the Coeur d'Alene Mining District. The company's primary asset is the Golden Chest Mine, positioning it as a key player in the Idaho mining landscape with a focus on resource expansion and extraction.
What Is the Investment Thesis for NJMC?
Idaho Strategic Resources presents an investment opportunity within the gold exploration and development sector. The company's ownership of the Golden Chest Mine provides a foundation for potential growth. With a P/E ratio of 50.14 and a profit margin of 27.8%, the company shows potential for profitability. Key to the investment thesis is the successful expansion of resources at the Golden Chest Mine and efficient extraction processes. Ongoing exploration efforts and strategic partnerships could serve as catalysts. However, investors may want to evaluate the risks associated with resource exploration, including fluctuating metal prices and operational challenges. The company's beta of 0.44 suggests lower volatility compared to the broader market.
Based on FMP financials and quantitative analysis
NJMC Key Highlights
100% ownership of the Golden Chest Mine, providing a strong asset base for gold and silver extraction.
- Profit Margin of 27.8% indicates efficient operations and profitability in the gold mining sector.
- Gross Margin of 58.9% suggests strong cost control and pricing power in its operations.
- Beta of 0.44 indicates lower volatility compared to the overall market, potentially offering a more stable investment.
- Focus on the Greater Coeur d'Alene Mining District, a historically productive region for gold and silver mining.
Who Are NJMC's Competitors?
NJMC is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CNDGF Condor Gold Plc | $0.38 | -5.00% | $77.7M | 44 |
| EEYMF Firefinch Limited | $0.01 | +614.29% | $156M | 38 |
| GWSAF Gowest Gold Ltd. | $0.10 | -0.39% | $74.4M | 44 |
| MGVMF Musgrave Minerals Limited | $0.15 | +0.00% | $111M | 44 |
| NVOOF Novo Resources Corp. | $0.50 | +0.00% | $143M | 44 |
| NEM Newmont Corporation | $128.01 | +2.34% | $135B | 99 |
| AEM Agnico Eagle Mines Limited | $212.04 | +2.08% | $107B | 61 |
| B Barrick Mining Corporation | $46.27 | +2.53% | $77.5B | 63 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NJMC's Key Strengths?
100% ownership of the Golden Chest Mine.
- Strategic location in the Coeur d'Alene Mining District.
- Experienced management team.
- High Gross Margin of 58.9%.
What Are NJMC's Weaknesses?
Small company size with limited financial resources.
- Reliance on a single mining property.
- Exposure to fluctuating metal prices.
- OTC market listing may limit investor access.
What Could Drive NJMC Stock Higher?
Exploration results from ongoing drilling programs at the Golden Chest Mine.
- Potential acquisitions of other mining properties in the Coeur d'Alene District.
- Optimization of mining operations to reduce costs and increase production.
- Development of by-product credits to generate additional revenue streams.
- Securing strategic partnerships with larger mining companies or financial institutions.
What Are the Key Risks for NJMC?
Fluctuations in gold, silver, and base metal prices.
- Environmental regulations and permitting delays.
- Operational challenges at the Golden Chest Mine.
- Competition from larger mining companies.
- Limited financial resources and reliance on a single mining property.
What Are the Growth Opportunities for NJMC?
- Expansion of Resources at Golden Chest Mine: Idaho Strategic Resources has the opportunity to significantly increase its resource base through ongoing exploration activities at the Golden Chest Mine. Successful drilling programs and geological studies could lead to the discovery of new ore bodies, potentially increasing the mine's lifespan and production capacity. The timeline for resource expansion is dependent on exploration results and permitting processes, but could yield significant results within the next 3-5 years.
- Optimization of Mining Operations: Improving the efficiency of mining operations at the Golden Chest Mine presents a significant growth opportunity. By implementing advanced mining techniques, upgrading equipment, and streamlining processes, Idaho Strategic Resources can reduce operating costs and increase production output. This could involve investing in automation, improving ore processing methods, and optimizing mine planning. The benefits of operational improvements could be realized within the next 1-2 years.
- Strategic Acquisitions in the Coeur d'Alene District: Idaho Strategic Resources could pursue strategic acquisitions of other mining properties or companies in the Coeur d'Alene Mining District. Acquiring additional assets could expand the company's resource base, diversify its operations, and create synergies. Potential targets could include companies with promising exploration projects or existing mining operations. The timeline for acquisitions is uncertain and depends on market conditions and available opportunities.
- Development of By-Product Credits: Idaho Strategic Resources could explore the potential to develop by-product credits from its mining operations. In addition to gold and silver, the company's ore may contain other valuable minerals or elements that could be extracted and sold. Developing by-product credits could generate additional revenue streams and improve the overall economics of the Golden Chest Mine. The feasibility of developing by-product credits would require further geological studies and metallurgical testing.
- Securing Strategic Partnerships: Idaho Strategic Resources can explore strategic partnerships with larger mining companies or financial institutions to accelerate its growth plans. Partnering with a larger company could provide access to capital, technical expertise, and marketing resources. Potential partnerships could involve joint ventures, royalty agreements, or strategic investments. The timeline for securing strategic partnerships is uncertain and depends on market conditions and the company's ability to attract potential partners.
What Are NJMC's Competitive Advantages?
- Strategic location in the historically rich Coeur d'Alene Mining District.
- 100% ownership of the Golden Chest Mine.
- Expertise in exploration and extraction within the region.
- Established infrastructure at the Golden Chest Mine.
What Does NJMC Do?
Idaho Strategic Resources, Inc., formerly New Jersey Mining Company, was founded in 1996 and is headquartered in Coeur d'Alene, Idaho. The company is dedicated to exploring, developing, and extracting gold, silver, and base metal mineral resources. It focuses primarily on the Greater Coeur d'Alene Mining District of North Idaho and Western Montana, a region historically rich in mineral deposits. The company's core asset is the Golden Chest Mine, located in Murray, Idaho, which it owns 100%. This mine comprises 25 patented mining claims covering 280 acres and 90 unpatented claims covering 1,390 acres. Idaho Strategic Resources aims to increase shareholder value through strategic exploration and efficient extraction practices. The company is committed to environmental stewardship and sustainable mining practices. By focusing on its core assets and leveraging its expertise in the region, Idaho Strategic Resources seeks to become a leading producer of precious and base metals in the Coeur d'Alene Mining District. The company's strategy involves expanding its resource base through ongoing exploration and optimizing its mining operations to enhance profitability.
What Products and Services Does NJMC Offer?
- Explores for gold, silver, and base metal mineral resources.
- Develops mineral resource properties in North Idaho and Western Montana.
- Extracts gold, silver, and base metals from its mining properties.
- Focuses on the Greater Coeur d'Alene Mining District.
- Owns 100% interest in the Golden Chest Mine.
- Conducts drilling and geological studies to expand its resource base.
How Does NJMC Make Money?
- Generates revenue from the sale of extracted gold, silver, and base metals.
- Focuses on efficient mining operations to maximize profitability.
- Invests in exploration activities to expand its resource base.
- Manages costs associated with mining, processing, and exploration.
What Industry Does NJMC Operate In?
Idaho Strategic Resources operates within the gold mining industry, a sector influenced by global economic conditions, metal prices, and geopolitical factors. The Coeur d'Alene Mining District, where the company's primary asset is located, has a long history of mineral production. The competitive landscape includes both major mining companies and smaller exploration firms. Idaho Strategic Resources aims to differentiate itself through its strategic focus on the Coeur d'Alene district and efficient mining practices. The gold mining industry is subject to environmental regulations and sustainability concerns, requiring companies to adopt responsible mining practices.
Who Are NJMC's Key Customers?
- Refineries that process gold and silver.
- Precious metal traders and investors.
- Industrial consumers of base metals.
Company Profile
Idaho Strategic Resources, Inc. operates in the Gold industry within the Basic Materials sector. It is headquartered in Coeur d'Alene, US. The company is led by CEO John A. Swallow. NJMC has traded publicly since 1994.
Key Financial Metrics
Return on equity for Idaho Strategic Resources, Inc. stands at 24.6%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 17.0%, showing how much profit it generates from its asset base. NJMC trades at a trailing price-to-earnings ratio of 24.96, above the Basic Materials sector average of ~22x. Its free cash flow yield is 1.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 12.77 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 4.0%, the inverse of the P/E and a quick read on earnings relative to price.
Insider Activity
The most recent 12 insider filings for Idaho Strategic Resources, Inc. break down as 0 sales and 12 purchases. On net that is roughly 1.8M shares acquired (about $515K) — insiders putting money in tends to read as conviction.
NJMC Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- 100% ownership of the Golden Chest Mine.
- Strategic location in the Coeur d'Alene Mining District.
- Experienced management team.
- High Gross Margin of 58.9%.
Bear Case
- Small company size with limited financial resources.
- Reliance on a single mining property.
- Exposure to fluctuating metal prices.
- OTC market listing may limit investor access.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
NJMC Latest News
No recent news available for NJMC.
NJMC Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for NJMC.
Price Targets
Wall Street price target analysis for NJMC.
NJMC MoonshotScore
What does this score mean?
The MoonshotScore rates NJMC 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: John A. Swallow
CEO
John A. Swallow serves as the CEO of Idaho Strategic Resources, Inc. He has extensive experience in the mining industry, with a background in geology and mineral exploration. Prior to joining Idaho Strategic Resources, he held various leadership positions at other mining companies, where he was responsible for overseeing exploration programs, mine development projects, and operational activities. His expertise includes resource estimation, mine planning, and project management.
Track Record: Under John A. Swallow's leadership, Idaho Strategic Resources has focused on expanding its resource base at the Golden Chest Mine and improving operational efficiency. He has overseen successful drilling programs and geological studies that have led to the discovery of new ore bodies. He has also implemented cost-saving measures and streamlined processes to enhance profitability. His strategic decisions have positioned the company for future growth.
NJMC OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Idaho Strategic Resources may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies on this tier may have limited financial disclosure, making it more difficult for investors to assess their financial health and operational performance. Investing in companies on the OTC Other tier carries higher risks compared to those listed on major exchanges like the NYSE or NASDAQ due to the lack of regulatory oversight and transparency.
- OTC Tier: OTC Other
- Limited financial disclosure increases information asymmetry.
- Lower trading volume can lead to price volatility.
- Higher bid-ask spreads can increase transaction costs.
- Reduced regulatory oversight increases the risk of fraud or manipulation.
- Potential for delisting or suspension of trading.
- Verify the company's financial statements and SEC filings (if any).
- Research the background and experience of the management team.
- Assess the company's business model and competitive landscape.
- Evaluate the company's legal and regulatory compliance.
- Monitor the trading volume and price volatility of the stock.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor before investing.
- The company has been in operation since 1996.
- The company owns 100% interest in the Golden Chest Mine.
- The company has a profit margin of 27.8%.
- The company is focused on a specific geographic region (Coeur d'Alene Mining District).
- The company has a CEO with experience in the mining industry.
Common Questions About NJMC (Basic Materials)
What does Idaho Strategic Resources, Inc. do?
Idaho Strategic Resources, Inc. is a basic materials company focused on the exploration, development, and extraction of gold, silver, and base metal resources. The company's primary asset is the Golden Chest Mine, located in the Coeur d'Alene Mining District of North Idaho. It aims to increase shareholder value through strategic exploration, efficient extraction practices, and a commitment to environmental stewardship.
What are the main risks for NJMC?
Idaho Strategic Resources faces several risks inherent to the mining industry and its OTC listing. Fluctuations in gold, silver, and base metal prices can significantly impact revenue and profitability. Environmental regulations and permitting delays can disrupt operations and increase costs. Operational challenges at the Golden Chest Mine, such as geological complexities or equipment failures, can affect production output.
What are the key factors to evaluate for NJMC?
Evaluate NJMC on fundamentals, analyst consensus, and risk factors. Idaho Strategic Resources presents an investment opportunity within the gold exploration and development sector. Not financial advice.
How frequently does NJMC data refresh on this page?
NJMC's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven NJMC's recent stock price performance?
Idaho Strategic Resources, Inc. (NJMC) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: 100% ownership of the Golden Chest Mine. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider NJMC overvalued or undervalued right now?
Idaho Strategic Resources, Inc. (NJMC) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research NJMC before investing?
Before investing in Idaho Strategic Resources, Inc. (NJMC), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding NJMC to a portfolio?
Key strength of Idaho Strategic Resources, Inc. (NJMC): 100% ownership of the Golden Chest Mine. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- The analysis is based on limited information available for Idaho Strategic Resources, Inc.
- The OTC market listing adds complexity to the investment analysis.