Top Page
Indiana Resources Limited
(Sydney: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 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 210.00K | 6.00K | 2.00K | 0.00 | 46.00K |
| Gross Profit | 210.00K | -66.00K | -73.00K | -13.00K | -13.00K |
| EBITDA | -4.13M | -1.92M | -2.04M | -1.67M | -2.59M |
| Net Income | -4.17M | -1.99M | -2.11M | -1.68M | -6.71M |
Balance Sheet | |||||
| Total Assets | 8.17M | 6.91M | 6.58M | 3.12M | 652.00K |
| Cash, Cash Equivalents and Short-Term Investments | 1.39M | 1.19M | 2.37M | 1.28M | 504.00K |
| Total Debt | 32.00K | 96.00K | 196.00K | 62.00K | 0.00 |
| Total Liabilities | 922.00K | 977.00K | 789.00K | 989.00K | 1.28M |
| Stockholders Equity | 6.88M | 5.65M | 5.44M | 2.13M | -625.00K |
Cash Flow | |||||
| Free Cash Flow | -4.72M | -2.95M | -4.50M | -2.40M | -2.51M |
| Operating Cash Flow | -4.20M | -1.47M | -2.53M | -2.39M | -2.51M |
| Investing Cash Flow | -494.00K | -1.39M | -1.97M | -8.00K | -3.00K |
| Financing Cash Flow | 4.89M | 1.68M | 5.57M | 3.18M | 2.63M |
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 |
|---|---|---|---|---|---|---|---|
58 Neutral | $27.68M | 0.57 | 300.49% | 232.56% | ― | ― | |
45 Neutral | AU$111.45M | ― | -93.33% | ― | ― | -347.84% | |
44 Neutral | C$925.44M | -8.84 | -0.23% | 2.69% | 24.64% | -41.43% | |
| ― | $92.54M | ― | -1602.47% | ― | ― | ― | |
41 Neutral | AU$66.06M | ― | -12.73% | ― | ― | -150.77% | |
37 Underperform | AU$35.42M | ― | -13.21% | ― | ― | -66.67% | |
| ― | AU$54.49M | ― | -68.13% | ― | ― | ― |
Indiana Resources Limited Corporate Events
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.
Indiana Resources Limited has announced key management changes to drive its next growth phase, appointing Matthew Bowles as the new Managing Director & CEO. Bowles, with over 20 years of experience in the mining sector, is expected to lead strategic growth and advance the company’s Gawler Craton gold and REE projects. John Fitzgerald has been promoted to Chief Operations Officer, enhancing the company’s operational capabilities. These changes aim to consolidate Indiana’s position in the industry, with ongoing exploration activities and a strong cash position of approximately AU$69.35 million supporting its objectives.
Indiana Resources Limited has announced significant progress in its Minos Gold Project, with the identification of high-order gold anomalies at the Ariadne Prospect, extending over two kilometers. These findings, along with ongoing exploration and drilling efforts, are expected to enhance the project’s resource potential. The company is advancing its scoping study and resource drilling programs, aiming to deliver a maiden gold resource estimation. Additionally, Indiana plans to return $0.05 per share to shareholders as a capital return, subject to approval, while continuing aggressive exploration campaigns to maximize the value of its gold targets.
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 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 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 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 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 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 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 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 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.