tiprankstipranks
Trending News
More News >
Indiana Resources Limited (AU:IDA)
ASX:IDA

Indiana Resources Limited (IDA) AI Stock Analysis

Compare
14 Followers

Top Page

AU

Indiana Resources Limited

(Sydney:IDA)

Rating:58Neutral
Price Target:
AU$0.00
▼(-100.00%Downside)
Indiana Resources Limited is showing potential for growth in revenue but faces challenges in profitability and cash flow management. The stock's technical indicators are moderately positive, suggesting some upward momentum. The valuation indicates potential undervaluation, but financial performance concerns limit the overall score.

Indiana Resources Limited (IDA) vs. iShares MSCI Australia ETF (EWA)

Indiana Resources Limited Business Overview & Revenue Model

Company DescriptionIndiana Resources Limited operates as a gold exploration company in Australia. It primarily holds interests in the Gawler Craton gold project that covers an area of 5,713 square kilometers located in South Australia. The company was formerly known as IMX Resources Limited and changed its name to Indiana Resources Limited in June 2016. Indiana Resources Limited was incorporated in 1985 and is based in Wembley, Australia.
How the Company Makes MoneyIndiana Resources Limited makes money primarily through the exploration and potential development of mineral resources, such as gold. The company generates revenue by engaging in activities that can lead to the discovery and subsequent extraction of valuable minerals. This often involves entering into exploration licenses, conducting geological surveys, and drilling operations to identify mineral deposits. Once a viable resource is confirmed, IDA may develop the mine themselves or partner with other companies to bring the project to production, subsequently earning revenue through the sale of minerals, royalties, or joint venture agreements. The company's revenue streams are significantly influenced by mineral market prices, the success of its exploration activities, and strategic partnerships that facilitate resource development.

Indiana Resources Limited Financial Statement Overview

Summary
Indiana Resources Limited demonstrates revenue growth, but profitability and cash flow issues persist. The company benefits from low leverage but struggles with negative net income and operational inefficiencies.
Income Statement
20
Very Negative
Indiana Resources Limited has shown a significant revenue increase from $6,000 to $210,000 in the latest year, indicating growth potential. However, the company faces challenges with negative net income and operating losses resulting in negative net profit margins. The EBIT and EBITDA margins are also negative, indicating insufficient operational profitability.
Balance Sheet
35
Negative
The company maintains a low debt-to-equity ratio due to minimal debt, which is a positive aspect. However, the return on equity remains negative due to consistent net losses, and the equity ratio is relatively stable but not optimal given the overall assets. The company's financial position is stable with moderate leverage risk.
Cash Flow
25
Negative
The cash flow from operations remains negative, reflecting ongoing operational challenges. Although the company has positive financing cash flows, indicating external funding support, the free cash flow remains negative, highlighting cash flow management concerns. The ratios of cash flows to net income reflect inefficiencies in cash utilization.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue91.69M210.00K6.00K2.00K0.0046.00K
Gross Profit91.68M210.00K-66.00K-73.00K-13.00K-13.00K
EBITDA52.52M-4.13M-1.92M-2.04M-1.67M-2.59M
Net Income48.06M-4.17M-1.99M-2.11M-1.68M-6.71M
Balance Sheet
Total Assets31.61M8.17M6.91M6.58M3.12M652.00K
Cash, Cash Equivalents and Short-Term Investments23.47M1.39M1.19M2.37M1.28M504.00K
Total Debt15.00K32.00K96.00K196.00K62.00K0.00
Total Liabilities4.43M922.00K977.00K789.00K989.00K1.28M
Stockholders Equity26.28M6.88M5.65M5.44M2.13M-625.00K
Cash Flow
Free Cash Flow50.06M-4.72M-2.95M-4.50M-2.40M-2.51M
Operating Cash Flow51.94M-4.20M-1.47M-2.53M-2.39M-2.51M
Investing Cash Flow-18.32M-494.00K-1.39M-1.97M-8.00K-3.00K
Financing Cash Flow-30.39M4.89M1.68M5.57M3.18M2.63M

Indiana Resources Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.09
Price Trends
50DMA
0.08
Positive
100DMA
0.08
Positive
200DMA
0.07
Positive
Market Momentum
MACD
<0.01
Negative
RSI
66.64
Neutral
STOCH
81.82
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:IDA, the sentiment is Positive. The current price of 0.09 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.08, and above the 200-day MA of 0.07, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 66.64 is Neutral, neither overbought nor oversold. The STOCH value of 81.82 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:IDA.

Indiana Resources Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (43)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUIDA
58
Neutral
$55.92M1.16300.49%
AUOSM
45
Neutral
AU$72.14M-93.33%-347.84%
43
Neutral
AU$1.41B-6.14-40.62%3.98%-4.78%-42.91%
$93.75M-1602.47%
AUFEG
41
Neutral
AU$64.23M-12.73%-150.77%
AURIM
37
Underperform
AU$60.62M-13.21%-66.67%
AUMM1
AU$40.39M-68.13%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:IDA
Indiana Resources Limited
0.09
0.04
89.13%
HEGLF
Peak Minerals
0.02
0.01
100.00%
AU:RIM
Rimfire Pacific Mining Limited
0.02
>-0.01
-33.33%
AU:FEG
Far East Gold Ltd
0.18
0.07
63.64%
AU:MM1
Midas Minerals Limited
0.26
0.17
188.89%
AU:OSM
Osmond Resources Limited
0.74
0.67
957.14%

Indiana Resources Limited Corporate Events

Indiana Resources Announces Director’s Interest Change
Jun 30, 2025

Indiana Resources Limited has announced a change in the director’s interest notice, specifically involving Bronwyn Barnes. The notice details the cancellation of 20,000,000 unlisted options held indirectly through the S & B Barnes Family Trust due to unmet vesting conditions. This change does not affect the number of directly or indirectly held fully paid ordinary shares, signifying a strategic adjustment in the director’s financial interests without impacting the company’s overall shareholding structure.

Indiana Resources Plans Capital Return and Director Incentives
Jun 30, 2025

Indiana Resources Limited has announced a General Meeting of Shareholders to discuss key resolutions, including a significant return of capital and the issuance of incentive shares to a director. The proposed return of capital involves reducing the company’s share capital by up to $32,186,623, providing shareholders with $0.05 per share. Additionally, the company seeks approval to issue up to 3,000,000 incentive shares to Director Ms. Bronwyn Barnes under the Existing Employee Securities Incentive Plan, potentially impacting shareholder value and executive compensation structures.

Indiana Resources Advances Minos Gold Project with Drilling and Scoping Study
Jun 25, 2025

Indiana Resources Limited is making significant progress on its Minos Gold Project, with recent developments including the completion of a 27-hole reverse circulation drilling program and the commencement of a 1,500-meter diamond drilling program. These efforts are part of a broader strategy to establish a maiden gold resource estimation and advance the project’s commercial viability. The company is also conducting a comprehensive scoping study to explore gold production potential, which includes metallurgical test work. Indiana remains well-funded to continue its aggressive exploration and development campaigns, aiming to unlock the full potential of the Minos deposit.

Indiana Resources Announces Cash Return of Capital
Jun 25, 2025

Indiana Resources Limited has announced a cash return of capital to its shareholders, with a payment of AUD 0.05 per security. This move will also result in a reduction of the exercise price for certain unquoted options from 15.0c to 10.0c, potentially impacting the company’s financial structure and shareholder value.

Indiana Resources Limited Announces Cessation of Securities
Jun 25, 2025

Indiana Resources Limited has announced the cessation of 20 million securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This cessation may impact the company’s capital structure and could have implications for stakeholders regarding the company’s future financial strategies.

Indiana Resources Announces Proposed Capital Return to Shareholders
Jun 24, 2025

Indiana Resources Limited has announced a proposed capital return of $0.05 per share to its shareholders, subject to shareholder approval. The company, which has a consolidated cash position of A$69.5 million, plans to distribute A$32.2 million, leaving a remaining cash position of approximately A$37 million. This move is part of the company’s strategy to manage its financial resources effectively, and it may consider further distributions in the future, pending the resolution of a dispute involving one of its claimants.

Indiana Resources Pursues Arbitration Over Tanzanian Settlement Breach
Jun 3, 2025

Indiana Resources Limited has announced a significant development regarding its settlement agreement with the United Republic of Tanzania. The company has received all instalments as per the agreement but is facing a breach due to Tanzania’s failure to withdraw a tax assessment, prompting Indiana to seek arbitration. This breach allows the company to potentially resume annulment proceedings, which could lead to Tanzania paying the outstanding award amount plus interest, impacting Indiana’s financial positioning and stakeholder interests.

Indiana Resources Advances Exploration at Minos Gold Project
May 27, 2025

Indiana Resources Limited is making significant progress in its exploration and scoping study activities at the Minos gold deposit, part of its Gawler Craton Project in South Australia. The company has completed more than half of its scheduled reverse circulation drilling and is preparing for diamond drilling to explore deeper targets. These efforts are aimed at delivering a Maiden Resource Estimation and enhancing the understanding of the deposit’s potential. The ongoing scoping study is a critical step towards future gold mining operations, with geological re-logging and metallurgical test work underway to support resource estimation and gold recovery strategies.

Indiana Resources Launches New Drilling Campaign at Minos Gold Deposit
May 13, 2025

Indiana Resources Limited has commenced a new drilling campaign at its Minos gold deposit, aiming to expand the scale of high-grade gold extensions. The program involves reverse circulation drilling of 27 holes over approximately 6,600 meters, with plans to continue drilling through August 2025. The company is leveraging the current strong gold price and is well-funded to complete these programs, indicating a positive outlook for stakeholders as they anticipate a steady flow of results.

Indiana Resources Advances Gold Exploration at Minos
Apr 30, 2025

Indiana Resources Limited reported significant progress in its gold exploration activities at the Minos gold deposit in South Australia. The company announced the discovery of high-grade gold intersections in the newly defined Southwest Zone, which extends the potential for commercial gold mining operations. Additionally, the company received the final installment of a settlement agreement with Tanzania, which strengthens its financial position and supports ongoing exploration efforts.

Indiana Resources Unveils Major Gold Extensions at Minos
Apr 22, 2025

Indiana Resources Limited announced significant extensions to the Minos gold deposit at its Gawler Craton Project, with down-dip grades reaching up to 44.9 g/t gold. The Minos Main Zone now extends to 380 meters below the surface, enhancing the economic potential of the site. The company plans to recommence drilling in late April 2025 to further explore the deposit’s extensions, aiming to progress towards a JORC Resource. This development could significantly impact Indiana Resources’ operations and market positioning, as it increases the potential for a commercial mining operation at Minos.

Indiana Resources Confirms Compliance with Securities Trading Policy
Apr 14, 2025

Indiana Resources Limited has confirmed that the changes in directors’ interests, as detailed in their recent notice, were not traded during a closed period. This update aligns with their securities trading policy and reflects the company’s commitment to compliance and transparency in its operations.

Indiana Resources Bolsters Cash Position, Plans Exploration Acceleration
Apr 11, 2025

Indiana Resources Limited has reported a consolidated cash position of AU$71.6 million, bolstered by the final US$30 million installment from a settlement agreement with the United Republic of Tanzania. This strong financial position will enable the company to accelerate its exploration activities in South Australia, particularly focusing on high-priority gold targets like the Minos gold deposit. The company is engaged in discussions regarding the distribution of funds among claimants and shareholders, with arbitration proceedings underway. This development is expected to enhance Indiana’s exploration capabilities and provide significant newsflow for stakeholders.

Indiana Resources Announces Director’s Interest Change
Apr 11, 2025

Indiana Resources Limited has announced a change in the director’s interest, with Bronwyn Barnes acquiring 2,555,314 fully paid ordinary shares and disposing of 550,000 shares through on-market trades. This change reflects a strategic adjustment in the director’s investment portfolio, potentially impacting the company’s market perception and investor confidence.

Indiana Resources Addresses ASX Listing Rule Breach
Apr 11, 2025

Indiana Resources Limited has been informed by the ASX of a deemed breach of Listing Rule 10.11 due to an off-market transfer of shares to Ms. Barnes, a related party, without shareholder approval. Although Indiana and Ms. Barnes assert the transactions were separate and not intended to bypass regulations, they have taken corrective action by disposing of the shares on-market, with proceeds to be donated to charity, ensuring compliance with ASX rules.

Indiana Resources Limited Resumes Trading After Settlement Announcement
Apr 7, 2025

Indiana Resources Limited, a company listed on the Australian Securities Exchange, has announced that the suspension of its trading securities will be lifted. This follows an announcement regarding the expected receipt of settlement funds, which may impact the company’s financial stability and investor confidence.

Indiana Resources Finalizes Settlement with Tanzania, Faces New Disputes
Apr 7, 2025

Indiana Resources Limited has received the final instalment of US$30 million from the United Republic of Tanzania as part of a US$90 million settlement agreement. The company plans to return capital to shareholders, pending a tax ruling from the Australian Taxation Office. However, a dispute has arisen with the Tanzanian Revenue Authority over alleged taxes owed, which Indiana denies, and a separate arbitration process is underway concerning the distribution of settlement funds among shareholders.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 26, 2025