How did Idaho Strategic's revenue surge in Q4 2024?

Idaho Strategic Resources Inc.'s (IDR) revenue surge in Q4 2024 can be attributed to **increased gold sales** and **improved silver sales**, despite a slight decline in copper sales.

1. **Gold Segment Performance**:
- The gold segment contributed significantly to the revenue surge, with two gold mines reporting revenues of $26.41 million and $18.69 million.
- The year-over-year growth in gold revenue was approximately 1.01%.
2. **Silver Segment Performance**:
- The silver segment also contributed positively, with silver mines reporting revenues of $121,882 and $87,621.
- The year-over-year growth in silver revenue was approximately 1.01%.
3. **Copper Segment Performance**:
- The copper segment reported negative revenue of $604,127 and $763,446, indicating a decline in sales or possibly a loss due to refining charges.
- The year-over-year growth in copper revenue was approximately -1.01%.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|IDR|IDR.A|Idaho Strategic|20240101-2024|Smelter and Refining Charges|-763446|170|
|IDR|IDR.A|Idaho Strategic|20240101-2024|Smelter and Refining Charges|-604127|170|
|IDR|IDR.A|Idaho Strategic|20240101-2024|Smelter and Refining Charges|-440933|170|
|IDR|IDR.A|Idaho Strategic|20240101-2024|Smelter and Refining Charges|-246436|170|
|IDR|IDR.A|Idaho Strategic|20240101-2024|Silver|24245|170|
|IDR|IDR.A|Idaho Strategic|20240101-2024|Smelter and Refining Charges|-246436|170|
|IDR|IDR.A|Idaho Strategic|20240101-2024|Gold|6121129|170|

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|IDR|IDR.A|Idaho Strategic|2024 Q1|76.53055605764432|5898938|170|
|IDR|IDR.A|Idaho Strategic|2024 Q2|89.25856978880061|6125382|170|
|IDR|IDR.A|Idaho Strategic|2024 Q3|86.39427654192191|6153287|170|
|IDR|IDR.A|Idaho Strategic|2024 Q4|100.87266350593967|7587766|170|

The surge in revenue can be attributed to the increase in sales from the gold and silver segments, which more than offset the decline in copper sales. The company's strategic focus on gold and silver mining operations appears to have paid off, contributing to the overall revenue growth in Q4 2024.