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

Indiana Resources Limited (IDA) AI Stock Analysis

Compare
13 Followers

Top Page

AU

Indiana Resources Limited

(OTC:IDA)

Rating:61Neutral
Price Target:
AU$0.00
▼(-100.00%Downside)
The overall stock score is influenced primarily by financial performance challenges, offset by positive technical analysis indicators and attractive valuation metrics. The lack of earnings call and corporate events data does not impact the score.

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

Indiana Resources Limited Business Overview & Revenue Model

Company DescriptionIndiana Resources Limited (IDA) is a publicly listed exploration and development company focused on the discovery and development of mineral resources. Operating primarily in the mining and metals sector, the company is engaged in the exploration of gold and other metals in various geographic regions. IDA aims to leverage its expertise in mineral exploration to identify and develop high-quality mining projects that can deliver shareholder value.
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.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
91.69M210.00K6.00K2.00K0.0046.00K
Gross Profit
91.68M210.00K-66.00K-73.00K-13.00K-13.00K
EBIT
52.58M-4.07M-2.00M-1.90M-2.00M-2.65M
EBITDA
52.52M-4.13M-1.92M-2.04M-1.67M-2.59M
Net Income Common Stockholders
48.06M-4.17M-1.99M-2.11M-1.68M-6.71M
Balance SheetCash, Cash Equivalents and Short-Term Investments
23.47M1.39M1.19M2.37M1.28M504.00K
Total Assets
31.61M8.17M6.91M6.58M3.12M652.00K
Total Debt
15.00K32.00K96.00K196.00K62.00K0.00
Net Debt
-7.02M-1.36M-1.09M-2.17M-1.22M-504.00K
Total Liabilities
4.43M922.00K977.00K789.00K989.00K1.28M
Stockholders Equity
26.28M6.88M5.65M5.44M2.13M-625.00K
Cash FlowFree Cash Flow
50.06M-4.72M-2.95M-4.50M-2.40M-2.51M
Operating Cash Flow
51.94M-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
Neutral
Last Price0.08
Price Trends
50DMA
0.08
Negative
100DMA
0.07
Positive
200DMA
0.07
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
49.27
Neutral
STOCH
51.79
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:IDA, the sentiment is Neutral. The current price of 0.08 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 neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 49.27 is Neutral, neither overbought nor oversold. The STOCH value of 51.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:IDA.

Indiana Resources Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUIDA
61
Neutral
AU$50.13M1.04300.49%
51
Neutral
$2.02B-1.19-21.37%3.64%2.88%-30.57%
AUOSM
45
Neutral
AU$55.96M-93.33%-347.84%
AUFEG
41
Neutral
AU$56.89M-12.73%-150.77%
AURIM
37
Underperform
AU$50.36M-13.21%-66.67%
AUPUA
29
Underperform
AU$61.76M-1602.47%-30.00%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:IDA
Indiana Resources Limited
0.08
0.04
85.71%
AU:PUA
Peak Minerals
0.02
0.01
110.00%
AU:RIM
Rimfire Pacific Mining Limited
0.02
0.00
0.00%
AU:FEG
Far East Gold Ltd
0.16
0.04
33.33%
AU:OSM
Osmond Resources Limited
0.63
0.56
800.00%

Indiana Resources Limited Corporate Events

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.

Indiana Resources Requests Voluntary Suspension Pending Settlement Announcement
Apr 1, 2025

Indiana Resources Limited, a company listed on the ASX under the code IDA, has requested a voluntary suspension of its securities from trading. This suspension is pending an announcement regarding the expected receipt of settlement funds from the United Republic of Tanzania. The company has indicated that the suspension will remain in place until either the announcement can be made or until April 7, 2025, whichever comes first.

Indiana Resources Awaits $30 Million Settlement, Requests Trading Halt
Mar 30, 2025

Indiana Resources Limited has requested a trading halt on its securities pending an announcement regarding the anticipated receipt of a US$30 million settlement from the United Republic of Tanzania. This move is expected to have significant implications for the company’s financial position and market operations, as it represents the final instalment of settlement funds, potentially impacting stakeholder interests and the company’s strategic direction.

Indiana Resources Limited Releases Interim Financial Report for H2 2024
Mar 14, 2025

Indiana Resources Limited has released its interim financial report for the half-year ended 31 December 2024. The report is intended to be read in conjunction with the company’s annual report and any public announcements made during the interim period, in compliance with the Corporations Act 2001. This release provides stakeholders with a snapshot of the company’s financial performance and position, although it does not contain all the notes typically found in an annual financial report.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.