Idaho Strategic Resources Inc

Distribution phase persists with price chopping under declining EMAs. Short-term EMAs are acting as resistance and rallies continue to fail, confirming Stage 3 distribution. Medium-term tradable side is bearish, and short-term conditions favor selling into rallies now. We will sell now on any bounce into the EMA zone, in line with speculative discipline.

• ↑Q2 2026 revenue rose 13.25% YoY to $10.73M; net income +31.95% to $3.65M.
• ↑Average realized gold price surged 32.7% YoY to $4,277.53/oz.
• ↓Shares trade ~35% above $25.76 intrinsic value, heightening downside risk.