IDR Idaho Strategic Resources, Inc.

NEUTRAL Impact: 4/10 8-K
Horizon weeks Filed Jun 8, 2026 Processed 4d 18h ago SEC 0001654954-26-005780
8-K material event: Items 4.01

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Executive Summary

Idaho Strategic Resources disclosed that its prior independent auditor, Assure CPA, LLC, ceased operations after merging into Sadler, Gibb & Associates, LLC. The company has engaged Sadler, Gibb & Associates as its new independent registered public accounting firm for fiscal year 2026. No disagreements or reportable events with the former auditor were reported, and prior audit opinions were unqualified.

Actionable Insight

This is a routine auditor succession triggered by the prior firm's merger, not a red-flag resignation. No immediate trading signal. Monitor subsequent 10-Q filings for potential changes in audit scope or tone under the new firm.

Key Facts

  • Assure CPA, LLC resigned as independent auditor effective June 3, 2026, after merging into Sadler, Gibb & Associates, LLC via asset purchase.
  • Audit Committee approved engagement of Sadler, Gibb & Associates as new auditor on June 5, 2026.
  • No adverse opinions or modified opinions on FY2024 and FY2025 financials.
  • No material disagreements or reportable events with Assure CPA, LLC in the prior two fiscal years or subsequent interim period.

Financial Impact

No quantitative financial impact reported. Auditor change is administrative in nature with no disclosed disagreements or restatements.

Risk Factors

  • Any future disagreement with the new auditor could reintroduce audit risk

Market Snapshot

Exchange
NYSE
Sector
Gold and Silver Ores
Analyst Consensus
80% bullish (5 analysts)

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001654954-26-005780
Document: idr_ex161.htm0001654954-26-005780
Document: 0001654954-26-005780-index-headers.html0001654954-26-005780
Document: 0001654954-26-005780-index.html0001654954-26-005780
Document: 0001654954-26-005780.txt0001654954-26-005780
2 reports for IDR
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Type Now
Jun 11, 2026
2d ago
Institutional Cluster
NEUTRAL ★ 3/10
$31.63 awaiting T+20awaiting T+20$36.39 (+15.05%)
Jun 8, 2026
4d ago
8-K
NEUTRAL ★ 4/10
$32.69 awaiting T+20awaiting T+20$36.39 (+11.32%)
Showing 2 of 2

US Market Status

Market Closed — Opens Mon (45h 24m)

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