Rare Earth Elements Discovery at Lucky Horseshoe Prospect Boosts Idaho Strategic Resources

Idaho Strategic Resources (IDR) has reported a significant find of carbonatite enriched with rare earth elements at the Lucky Horseshoe prospect within its Lemhi Pass project. The discovery shows promising assay outcomes and a magnet rare earth element ratio of 65%, similar to previous samples from the In-Trust prospect. The company believes this could signal more potential carbonatite deposits containing rare earth elements within the area. IDR has demonstrated robust financial health, with revenue growth of 46.6% over the past year, a strong current ratio of 5.11, and a low debt-to-equity ratio of 0.07. However, there have been insider selling transactions in the past 3 months with no insider buying, which could be a red flag for investors.