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Indiana Resources Limited
(OTC:IDA)
Indiana Resources Limited (IDA) vs. iShares MSCI Australia ETF (EWA)
Indiana Resources Limited Business Overview & Revenue Model
Indiana Resources Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 139.60M | 139.60M | 210.00K | 6.00K | 2.00K | 0.00 |
| Gross Profit | 139.58M | 139.58M | 210.00K | -72.00K | -73.00K | -13.00K |
| EBITDA | 102.88M | 103.03M | -4.13M | -1.92M | -2.04M | -1.67M |
| Net Income | 97.34M | 97.34M | -4.17M | -1.99M | -2.11M | -1.68M |
Balance Sheet | ||||||
| Total Assets | 79.91M | 79.91M | 8.17M | 6.91M | 6.58M | 3.12M |
| Cash, Cash Equivalents and Short-Term Investments | 69.35M | 69.35M | 1.39M | 1.19M | 2.37M | 1.28M |
| Total Debt | 3.00K | 3.00K | 32.00K | 96.00K | 196.00K | 62.00K |
| Total Liabilities | 3.04M | 3.04M | 922.00K | 977.00K | 789.00K | 989.00K |
| Stockholders Equity | 73.50M | 73.50M | 6.88M | 5.65M | 5.44M | 2.13M |
Cash Flow | ||||||
| Free Cash Flow | -7.70M | -6.15M | -4.72M | -2.95M | -4.50M | -2.40M |
| Operating Cash Flow | -6.15M | -6.15M | -4.20M | -1.47M | -2.53M | -2.39M |
| Investing Cash Flow | 79.55M | 79.55M | -494.00K | -1.39M | -1.97M | -8.00K |
| Financing Cash Flow | -31.64M | -31.64M | 4.89M | 1.68M | 5.57M | 3.18M |
Indiana Resources Limited Technical Analysis
Indiana Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
| ― | AU$28.97M | 0.30 | 239.14% | 238.10% | ― | ― | |
| ― | AU$113.05M | ― | -148.97% | ― | ― | -643.11% | |
| ― | AU$51.38M | ― | -17.91% | ― | ― | -213.85% | |
| ― | AU$38.63M | ― | -29.96% | ― | ― | -214.29% | |
| ― | AU$116.43M | ― | -9377.41% | ― | ― | -214.29% |
Indiana Resources Limited Corporate Events
Indiana Resources Limited announced significant progress in its Minos Gold Project, located in the Central Gawler Craton, South Australia. The recent drilling program has successfully extended gold mineralisation at the Minos Prospect, with notable results including intersections of high-grade gold. The Minos prospect is now defined over a 650m strike and remains open for further exploration. The company is also conducting additional drilling to test new targets and enhance its geological model, positioning itself for strategic growth. Indiana Resources maintains a strong cash position and has made key leadership appointments to drive its next phase of development.
Indiana Resources Limited has commenced a significant 7,000-meter air-core drilling program at its Minos Gold Project in South Australia, targeting new gold prospects at Ariadne and Company Well. This initiative follows promising results from recent calcrete sampling, indicating substantial gold anomalies. The drilling aims to further define these targets and potentially expand the project’s resource base, with results expected to guide future exploration efforts. Pending assay results from previous diamond drilling are anticipated to enhance the geological model and inform subsequent drilling strategies.
Indiana Resources Limited has announced significant high-grade gold assay results from its Minos Gold Project in South Australia. The recent reverse circulation drilling has intersected notable gold mineralization, including 4 meters at 13.0 g/t gold, which extends the known mineralization at the site. Additionally, calcrete sampling at the Ariadne and Company Well prospects has confirmed strong gold anomalism, paving the way for a major air-core drilling program. These developments are part of Indiana’s growth strategy to expand its gold exploration efforts in the region, supported by a robust cash position of $37 million.
Indiana Resources Limited has received a final Class Ruling from the Australian Taxation Office regarding a $0.05 per share capital return paid to shareholders on August 15, 2025. The ruling clarifies that the capital return is not considered a dividend for tax purposes, and outlines the tax implications for both Australian and foreign resident shareholders. The ruling indicates no adverse tax consequences for Indiana Resources, potentially strengthening its financial position and providing clarity for its shareholders.
Indiana Resources Limited has announced its Annual General Meeting, scheduled for November 6, 2025, in West Perth, Australia. The meeting will cover the company’s annual report, including financial, directors’, and auditor’s reports, and will address the adoption of the Remuneration Report. This meeting is significant for shareholders as it provides insights into the company’s financial health and strategic direction, impacting stakeholder decisions and company operations.
Indiana Resources Limited responded to an ASX price query by explaining recent trading activities in its securities. The company disclosed delays in receiving assay results due to external factors such as laboratory disruptions and shipping issues. Despite these challenges, the company has compiled and interpreted results for most of its drill holes and has been actively engaging with investors, which may have influenced market movements.
Indiana Resources Limited has announced successful results from its recent drilling program at the Minos Gold Project, with significant gold mineralization intersected in several holes. The company plans to continue its exploration efforts with a new air-core drilling program to further test the potential of the Lake Labyrinth Shear Zone, while pending assay results are expected to refine future drilling strategies.
Indiana Resources Limited has requested a trading halt on its securities pending an announcement related to exploration results and a response to an ASX price and volume query. This trading halt is expected to remain until the company releases the announcement or until the commencement of trading on 24 September 2025, potentially impacting investor decisions and market activity.
Indiana Resources Limited has released a corporate presentation highlighting its ongoing efforts to advance the Minos Gold Project in South Australia. The company emphasizes its commitment to discovering high-grade gold in the Central Gawler Craton, which could significantly enhance its market position and offer promising opportunities for stakeholders. The presentation underscores the company’s strategic focus on exploration success, despite the inherent risks and uncertainties associated with mining operations.
Indiana Resources Limited has announced the date for its 2025 Annual General Meeting, which is scheduled for November 6, 2025. Additionally, the company has set September 19, 2025, as the deadline for receiving nominations for individuals interested in being elected as directors, indicating a period of potential changes in its board composition.
Indiana Resources Limited announced the commencement of a major drilling campaign at its Minos Gold Project in South Australia, targeting multiple gold prospects along the Lake Labyrinth Shear Zone. The company plans to initiate a 5,000-meter air-core drilling program in October to explore gold targets and expand known mineralization, with assay results from previous drilling expected soon. Indiana is well-funded with $37 million to support its aggressive exploration efforts, aiming to enhance its industry positioning and unlock further potential in the region.
Indiana Resources Limited has announced a change in the director’s interest notice concerning Maja McGuire. The change involves an adjustment in the exercise price of unlisted options from $0.15 to $0.10 following a return of capital, while the number of shares and options held remains unchanged. This adjustment reflects the company’s adherence to ASX Listing Rule 6.22.2 and may impact the valuation of the director’s holdings, potentially influencing stakeholder perceptions and the company’s market positioning.
Indiana Resources Limited has announced the appointment of Matthew Bowles as a new director, effective from August 1, 2025. This appointment is part of the company’s strategic efforts to strengthen its leadership team, potentially impacting its operational efficiency and enhancing its position in the mineral exploration industry.
Indiana Resources Limited has announced a change in the director’s interest, specifically involving Bronwyn Barnes. The company issued 1,000,000 incentive shares to Barnes, which were approved by shareholders on August 1, 2025. This change reflects an increase in the securities held indirectly by entities controlled by Barnes, indicating a potential alignment of interests between the director and the company, which may influence stakeholder perceptions positively.
Indiana Resources Limited, a company listed on the Australian Securities Exchange under the code IDA, has announced the issuance of 1,000,000 new fully paid ordinary shares following shareholder approval at a recent general meeting. This move, executed without disclosure under Part 6D.2 of the Corporations Act, signifies the company’s compliance with relevant legal provisions and indicates no undisclosed information that could impact stakeholders.
Indiana Resources Limited, a company listed on the Australian Securities Exchange under the code IDA, has announced a cash return of capital following shareholder approval. This update includes a reduction in the exercise price of certain unquoted options from 15.0 cents to 10.0 cents, impacting 4 million options in total. The announcement signifies a strategic financial adjustment aimed at benefiting shareholders and potentially enhancing the company’s market position.
Indiana Resources Limited has reported significant progress in its Gawler Craton Project, confirming extensions of gold mineralization at the Minos site. Recent drilling results have shown high-grade gold at depth, with further drilling and exploration activities underway to expand these findings. The company is also conducting regional exploration to identify new gold anomalies and is well-positioned financially with a cash balance of A$69.4 million as of June 2025. The appointment of new leadership is expected to drive the next phase of strategic growth.