IDR Reports Q2 2026 Revenue of $10.7M, Up 13.25% Year-Over-Year

Idaho Strategic Resources, Inc. announced its financial and operating results for the second quarter ending June 30, 2026, reporting a 13.25% increase in revenue to $10.7 million. The growth was primarily driven by a 32.7% increase in the average realized gold price, which offset higher costs and lower ore grades. Net income attributable to IDR rose 31.95% to $3.7 million, or $0.23 per share.

Key Details

• Q2 2026 Revenue: $10.73 million, compared to $9.48 million in Q2 2025.
• Q2 2026 Net Income: $3.65 million ($0.23 per share), up from $2.77 million ($0.20 per share) in Q2 2025.
• Gold Production: 3,047 ounces produced, a slight increase of 1.23% year-over-year.
• Costs & Pricing: All-In Sustaining Cost (AISC) increased 16.08% to $2,261.81 per ounce, while the average realized gold price rose 32.7% to $4,277.53 per ounce.
• Operational Update: Milling operations were temporarily impacted by a wildfire adjacent to the New Jersey mill, which caused a shutdown from approximately June 16th to June 24th.