Idaho strategic resources CEO sells $1.17m in stock

Published 19/08/2025, 23:34
Idaho strategic resources CEO sells $1.17m in stock

John Swallow, President and CEO of Idaho Strategic Resources, Inc. (AMEX:IDR), sold 50,000 shares of common stock on August 19, 2025, at a price of $23.51, totaling $1,175,500. The sale comes amid the company’s impressive 132% year-to-date return and strong financial health, as indicated by InvestingPro data.

Following the transaction, Swallow directly owns 780,248 shares of Idaho Strategic Resources. According to the Form 4 filing with the Securities and Exchange Commission, 42,231 of the shares sold were initially acquired from the company on August 30, 2013, and 7,769 shares were acquired on January 29, 2014. This transaction completes the sale of 50,000 common shares disclosed on From 144 filed on August 19, 2025 by Mr. Swallow. The company currently trades at a premium to its InvestingPro Fair Value, with robust revenue growth of nearly 60% over the last twelve months and a market capitalization of $371 million.

In other recent news, Idaho Strategic Resources, Inc. held its annual meeting of shareholders, during which important decisions were made. Shareholders voted to re-elect five director nominees: John Swallow, Grant Brackebusch, Kevin Shiell, Richard Beaven, and Carolyn Turner. Each director will continue to serve until the 2026 annual meeting or until successors are elected and qualified. The re-election results showed that John Swallow received 5,609,239 votes in favor, while 45,055 votes were withheld. Grant Brackebusch garnered 5,390,569 votes for and 263,725 withheld. Kevin Shiell received 5,164,738 votes for and 489,556 withheld. Richard Beaven and Carolyn Turner received 5,470,135 and 5,436,991 votes in favor, respectively, with withheld votes of 184,159 and 217,303. Additionally, the ratification of the company’s independent registered public accounting firm was approved by shareholders.

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