
Coeur d’Alene-based gold producer Idaho Strategic Resources Inc. (NYSE American: IDR) has been included in the preliminary list of additions to the broad-market Russell 3000 Index.
“This inclusion enhances our visibility among institutional investors and validates our production-backed exploration (and development) strategy as we continue to advance our operations at the Golden Chest Mine and within the broader Murray Gold Belt and advance our high-potential critical minerals projects in Idaho,” says Idaho Strategic President and CEO John Swallow in a press release.
The Russell 3000 Index measures the performance of the largest 3,000 U.S. companies. Membership in the Russell 3000 Index remains in place for one year and ensures automatic inclusion in either the large-cap Russell 1000 Index or the small-cap Russell 2000 Index, as well as the appropriate growth and value style indexes.
FTSE Russell, a global index leader that provides benchmarking, analytics, and data solutions for investors, determines membership in the Russell 3000 Index based on market-capitalization rankings and style attributes.
Idaho Strategic’s inclusion is expected to become effective after the U.S. market close on June 27, as part of the 2025 Russell US Indexes annual reconstitution.
The company’s inclusion is expected to broaden its investor base and increase market awareness of its position as a growing domestic gold producer with critical minerals exploration.