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An update from Indiana Resources Limited ( (AU:IDA) ) is now available.
Indiana Resources Limited has applied to the Australian Securities Exchange for quotation of 500,000 new fully paid ordinary shares, to be issued under its existing listing code IDA. The additional securities, resulting from the exercise or conversion of existing instruments, modestly expand the company’s listed share capital and may provide incremental funding flexibility and liquidity for shareholders without materially altering its capital structure.
The most recent analyst rating on (AU:IDA) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Indiana Resources Limited stock, see the AU:IDA Stock Forecast page.
More about Indiana Resources Limited
YTD Price Performance: -4.88%
Average Trading Volume: 1,523,533
Technical Sentiment Signal: Buy
Current Market Cap: A$25.11M
Learn more about IDA stock on TipRanks’ Stock Analysis page.