IDR (Idaho Strategic Resources) Beneish M-Score: -1.39 (As of Jul. 07, 2026)

What is Idaho Strategic Resources Beneish M-Score?

Idaho Strategic Resources IDR -4.87% 72 Beneish M-Score is -1.39 as of Jul. 07, 2026. GuruFocus rates IDR with a GF Score™ of 72/100 and a GF Value™ of $24.55 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 681 Metals & Mining companies, Idaho Strategic Resources ranks worse than 78.85% on this metric.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Warning Sign:

Beneish M-Score -1.39 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for Idaho Strategic Resources's Beneish M-Score or its related term are showing as below:

IDR' s Beneish M-Score Range Over the Past 10 Years
Min: -149.41 Med: -1.79 Max: 115.2
Current: -1.39

During the past 13 years, the highest Beneish M-Score of Idaho Strategic Resources was 115.20. The lowest was -149.41. And the median was -1.79.

Idaho Strategic Resources Beneish M-Score Related Terms

Idaho Strategic Resources Beneish M-Score Historical Data

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The historical data trend for Idaho Strategic Resources's Beneish M-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Idaho Strategic Resources Beneish M-Score Chart

Idaho Strategic Resources Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Beneish M-Score

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-3.07

-1.79

-2.63

-1.02

-1.32

Idaho Strategic Resources Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Beneish M-Score	Get a 7-Day Free Trial															-1.17	-0.71	-0.68	-1.32	-1.39

IDR vs DC, CTGO, GROY: Beneish M-Score Comparison

For the Gold subindustry, Idaho Strategic Resources's Beneish M-Score, along with its competitors' market caps and Beneish M-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Idaho Strategic Resources Beneish M-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Idaho Strategic Resources's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Idaho Strategic Resources's Beneish M-Score falls into.

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Idaho Strategic Resources Inc IDR

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

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Idaho Strategic Resources Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Idaho Strategic Resources for today is based on a combination of the following eight different indices:

-4.84

0.92 * DSRI

0.528 * GMI

0.404 * AQI

0.892 * SGI

0.115 * DEPI

-4.84

0.92 * 1.1701

0.528 * 0.7869

0.404 * 1.447

0.892 * 1.8276

0.115 * 1.1566

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 0.6986

4.679 * -0.03015

0.327 * 0.3935

-1.39

This Year (Mar26) TTM:

Last Year (Mar25) TTM:

Total Receivables was $3.92 Mil.
Revenue was 14.482 + 14.57 + 11.081 + 9.477 = $49.61 Mil.
Gross Profit was 9.565 + 9.985 + 7.047 + 5.476 = $32.07 Mil.
Total Current Assets was $54.59 Mil.
Total Assets was $125.97 Mil.
Property, Plant and Equipment(Net PPE) was $39.24 Mil.
Depreciation, Depletion and Amortization(DDA) was $2.50 Mil.
Selling, General, & Admin. Expense(SGA) was $1.66 Mil.
Total Current Liabilities was $4.28 Mil.
Long-Term Debt & Capital Lease Obligation was $1.14 Mil.
Net Income was 6.388 + 9.365 + 2.975 + 2.767 = $21.50 Mil.
Non Operating Income was -0.245 + 0.128 + 0.003 + -0.066 = $-0.18 Mil.
Cash Flow from Operations was 8.786 + 10.746 + 2.403 + 3.538 = $25.47 Mil.

Total Receivables was $1.84 Mil.
Revenue was 7.279 + 7.588 + 6.153 + 6.125 = $27.15 Mil.
Gross Profit was 3.698 + 4.041 + 2.997 + 3.073 = $13.81 Mil.
Total Current Assets was $12.73 Mil.
Total Assets was $48.07 Mil.
Property, Plant and Equipment(Net PPE) was $26.86 Mil.
Depreciation, Depletion and Amortization(DDA) was $2.00 Mil.
Selling, General, & Admin. Expense(SGA) was $1.30 Mil.
Total Current Liabilities was $2.92 Mil.
Long-Term Debt & Capital Lease Obligation was $2.34 Mil.

1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI	=	(Receivables_t / Revenue_t)	/	(Receivables_t-1 / Revenue_t-1)
	=	(3.924 / 49.61)	/	(1.835 / 27.145)
	=	0.079097	/	0.0676
	=	1.1701

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI	=	GrossMargin_t-1	/	GrossMargin_t
	=	(GrossProfit_t-1 / Revenue_t-1)	/	(GrossProfit_t / Revenue_t)
	=	(13.809 / 27.145)	/	(32.073 / 49.61)
	=	0.508712	/	0.646503
	=	0.7869

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI	=	(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t)	/	(1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
	=	(1 - (54.587 + 39.236) / 125.97)	/	(1 - (12.728 + 26.862) / 48.067)
	=	0.255196	/	0.176358
	=	1.447

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI	=	Sales_t	/	Sales_t-1
	=	Revenue_t	/	Revenue_t-1
	=	49.61	/	27.145
	=	1.8276

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI	=	(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1))	/	(Depreciation_t / (Depreciaton_t + PPE_t))
	=	(2.002 / (2.002 + 26.862))	/	(2.503 / (2.503 + 39.236))
	=	0.06936	/	0.059968
	=	1.1566

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI	=	(SGA_t / Sales_t)	/	(SGA_t-1 /Sales_t-1)
	=	(1.661 / 49.61)	/	(1.301 / 27.145)
	=	0.033481	/	0.047928
	=	0.6986

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI	=	((LTD_t + CurrentLiabilities_t) / TotalAssets_t)	/	((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
	=	((1.144 + 4.275) / 125.97)	/	((2.34 + 2.915) / 48.067)
	=	0.043018	/	0.109327
	=	0.3935

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA	=	(IncomefromContinuingOperations_t	-	CashFlowsfromOperations_t)	/	TotalAssets_t
	=	(NetIncome_t - NonOperatingIncome_t	-	CashFlowsfromOperations_t)	/	TotalAssets_t
	=	(21.495 - -0.18	-	25.473)	/	125.97
	=	-0.03015

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Idaho Strategic Resources has a M-score of -1.39 signals that the company is likely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →

What does a Beneish M-Score of -1.39 mean?

Idaho Strategic Resources (IDR) has a Beneish M-Score of -1.39 as of Jul. 07, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Idaho Strategic Resources and its competitors. According to the industry distribution chart, Idaho Strategic Resources ranks #537 out of 681 companies in the Metals & Mining industry, placing it in the top 78.9%.

Is Idaho Strategic Resources' Beneish M-Score too high?

Idaho Strategic Resources' current Beneish M-Score is -1.39. Based on the distribution chart, Idaho Strategic Resources ranks #537 out of 681 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Idaho Strategic Resources has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Idaho Strategic Resources' Beneish M-Score compare to DC and CTGO?

According to the Metals & Mining industry distribution chart, Idaho Strategic Resources ranks #537 out of 681 companies for Beneish M-Score. This places Idaho Strategic Resources in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Beneish M-Score for a Metals & Mining company?

A good Beneish M-Score depends on the Metals & Mining industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Beneish M-Score mean?

A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Idaho Strategic Resources and its competitors. Idaho Strategic Resources's current Beneish M-Score is -1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Idaho Strategic Resources stock overvalued right now?

Based on GuruFocus' analysis, Idaho Strategic Resources (IDR) is currently considered Modestly Overvalued. The stock's GF Value™ is $24.55, compared to a current price of $31.84 — trading 29.7% above its estimated fair value. The current Beneish M-Score is -1.39. Idaho Strategic Resources' overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Beneish M-Score calculated?

Beneish M-Score is calculated from a company's financial statements. For Idaho Strategic Resources (IDR), the current Beneish M-Score is -1.39 as of Jul. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Idaho Strategic Resources (IDR) Overvalued in 2026?

Based on GuruFocus' analysis, Idaho Strategic Resources stock appears to be overvalued. The current stock price of $31.84 is trading 29.7% above its estimated GF Value™ of $24.55. GuruFocus considers Idaho Strategic Resources to be Modestly Overvalued.

Key valuation signals for IDR:

Beneish M-Score: -1.39
GF Value™: $24.55 vs. price of $31.84 (29.7% above fair value)
GF Score™: 72/100 with 3 warning signs

No single metric tells the full story. See the IDR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Idaho Strategic Resources Business Description

Industry Basic Materials Metals & Mining

Comparable Companies DC CTGO GROY CMCL VGZ USAU FTCO BSAI PZG NAMM NEM SHSE:601899 TSX:AEM TSX:ABX TSX:WPM TSX:FNV AU HKSE:02259 JSE:GFI TSX:K

Address 201 N. Third Street, Coeur d’Alene, ID, USA, 83814

Website https://www.idahostrategic.com

Idaho Strategic Resources Inc is a vertically integrated, operating junior mining company. The Company's primary business is exploring for, developing, and extracting gold, and to a lesser extent, silver, and base metal mineral resources in the greater Coeur d'Alene Mining District of North Idaho. The Company produces gold at the Golden Chest Mine located in the Murray Gold Belt area of the world-class Coeur d'Alene Mining District, north of the prolific Silver Valley.

72GF Score

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Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$31.84

Price

$24.55

GF Value

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