Indiana Resources Limited (GSMGF) Price & Analysis

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GSMGF Stock Chart & Stats

$0.02

<$0.01(17.65%)

At close: Dec 31 4:00 PM EST

$0.02

<$0.01(17.65%)

Day’s Range― - ―

52-Week Range$0.02 - $0.07

Previous CloseN/A

Volume555.00

Average Volume (3M)3.00

Market Cap

$16.01M

Enterprise Value$14.74M

Total Cash (Recent Filing)$69.35M

Total Debt (Recent Filing)$3.00K

Price to Earnings (P/E)―

Beta0.25

Next Earnings

Sep 30, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend Yield196.36%

Share Statistics

EPS (TTM)>-0.01

Shares Outstanding644,232,500

10 Day Avg. Volume10

30 Day Avg. Volume3

Financial Highlights & Ratios

PEG Ratio>-0.01

Price to Book (P/B)0.73

Price to Sales (P/S)0.38

P/FCF Ratio-8.74

Enterprise Value/Market Cap0.92

Enterprise Value/Revenue0.11

Enterprise Value/Gross Profit0.11

Enterprise Value/Ebitda0.14

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

Bulls Say, Bears Say

Bulls Say

Revenue GrowthA 52.26% year-on-year revenue increase indicates material top-line momentum for the latest reported period. Durable revenue uplift strengthens the company's ability to attract capital, support staged project advancement and improve partner negotiation leverage over a 2–6 month horizon.

High Gross MarginA near-100% gross margin signals minimal direct costs relative to reported revenues, providing structural profitability leverage. As revenue scales, high gross margins enable incremental sales to flow to the bottom line once fixed exploration and admin costs are managed.

Low Financial LeverageA very low debt burden and healthy equity ratio reduce default and interest-rate risk, preserving funding flexibility. This balance sheet strength supports non-debt capital strategies (farm-outs, equity rounds) and lowers financing constraints over coming months.

Bears Say

Negative Cash FlowPersistent negative operating and free cash flows show the business cannot self-fund exploration and development, increasing reliance on external capital. Over a multi-month horizon this raises dilution risk, constrains execution of project milestones and stresses liquidity management.

Reliance On External FinancingAs an exploration-stage company the model depends on equity raises and asset monetisation rather than recurring operating cash. This structural dependence increases execution risk, potential shareholder dilution, and uncertainty about timely capital for project advancement.

Distorted ROEAn exceptionally high ROE is largely driven by a very small equity base rather than sustained operating profitability, making the metric misleading. Such distortion undermines the reliability of headline profitability when assessing long-term earning power and comparability.

Indiana Resources Limited News

Indiana Resources Issues Interim Report and Highlights Exploration Focus

The latest announcement is out from Indiana Resources Limited ( ($AU:IDA) ). Indiana Resources Limited has released its...

5d ago

Indiana Resources Confirms New Gold-Bearing Structure at Minos Project

Indiana Resources Limited ( ($AU:IDA) ) just unveiled an announcement. Indiana Resources has reported new air-core drilling results...

1M ago

Indiana Resources Issues 500,000 New Shares on Option Exercise

An announcement from Indiana Resources Limited ( ($AU:IDA) ) is now available. Indiana Resources has issued 500,000 new...

2M ago

Indiana Resources Seeks ASX Quotation for 500,000 New Ordinary Shares

An update from Indiana Resources Limited ( ($AU:IDA) ) is now available. Indiana Resources Limited has applied to...

2M ago

Indiana Resources Director Bronwyn Barnes Increases Indirect Shareholding via On-Market Trades

Indiana Resources Limited ( ($AU:IDA) ) has provided an announcement. Indiana Resources has disclosed changes in the relevant...

2M ago

Indiana Resources Finalises Tanzania Dispute, Clears Path to Refocus on SA Gold Exploration

Indiana Resources Limited ( ($AU:IDA) ) just unveiled an announcement. Indiana Resources has reached a comprehensive, final settlement...

3M ago

Indiana Resources Appoints New Head of Regional Exploration

Indiana Resources Limited ( ($AU:IDA) ) has issued an update. Indiana Resources Limited has appointed Ms. Barbara Duggan...

3M ago

Indiana Resources Advances Minos Gold Project with Successful Drilling Program

An update from Indiana Resources Limited ( ($AU:IDA) ) is now available. Indiana Resources Limited has completed an...

3M ago

Indiana Resources Announces Director’s Interest Change

Indiana Resources Limited ( ($AU:IDA) ) has provided an announcement. Indiana Resources Limited announced a change in the...

3M ago

Indiana Resources Issues New Equity Securities as Part of Incentive Scheme

The latest announcement is out from Indiana Resources Limited ( ($AU:IDA) ). Indiana Resources Limited has announced the...

3M ago

GSMGF FAQ

What was Indiana Resources Limited’s price range in the past 12 months?

Indiana Resources Limited lowest stock price was $0.02 and its highest was $0.07 in the past 12 months.

What is Indiana Resources Limited’s market cap?

Indiana Resources Limited’s market cap is $16.01M.

When is Indiana Resources Limited’s upcoming earnings report date?

Indiana Resources Limited’s upcoming earnings report date is Sep 30, 2026 which is in 196 days.

How were Indiana Resources Limited’s earnings last quarter?

Indiana Resources Limited released its earnings results on Mar 13, 2026. The company reported -$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -$0.001.

Is Indiana Resources Limited overvalued?

According to Wall Street analysts Indiana Resources Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Indiana Resources Limited pay dividends?

Indiana Resources Limited pays a Semiannually dividend of $0.033 which represents an annual dividend yield of 196.36%. See more information on Indiana Resources Limited dividends here

What is Indiana Resources Limited’s EPS estimate?

Indiana Resources Limited’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Indiana Resources Limited have?

Indiana Resources Limited has 644,232,500 shares outstanding.

What happened to Indiana Resources Limited’s price movement after its last earnings report?

Indiana Resources Limited reported an EPS of -$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of Indiana Resources Limited?

Currently, no hedge funds are holding shares in GSMGF

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Indiana Resources Limited Stock Smart Score

Neutral

Fundamentals

Return on Equity

81.27%

Trailing 12-Months

Asset Growth

57.06%

Trailing 12-Months

Top Smart Score Stocks >

Company Description

Indiana Resources Limited

Indiana 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.