Indiana Resources Limited (AU:IDA) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Indiana Resources Limited has announced a special dividend of 5.0 cents per share, showcasing a robust cash position following a significant settlement payment from Tanzania. The company plans to use remaining funds to accelerate its exploration program in South Australia, targeting high-grade gold mineralization. Shareholders are set to receive the dividend in December 2024.
For further insights into AU:IDA stock, check out TipRanks’ Stock Analysis page.