Indiana Resources Limited (GSMGF)

OTHER OTC:GSMGF

GSMGF

Indiana Resources Limited

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Indiana Resources Limited (GSMGF) Price & Analysis

24 Followers

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

$11.81M

Enterprise Value$8.30M

Total Cash (Recent Filing)$69.35M

Total Debt (Recent Filing)$3.00K

Price to Earnings (P/E)0.4

Beta-0.31

Next Earnings

Oct 06, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend Yield196.36%

Share Statistics

EPS (TTM)0.15

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 Cap0.70

Enterprise Value/Revenue0.06

Enterprise Value/Gross Profit0.06

Enterprise Value/Ebitda0.08

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

Low Leverage / Strong Capital StructureVery low debt-to-equity and a healthy equity ratio reduce financial risk and preserve flexibility. For an exploration company this durable capital structure supports funding of near-term drill programs or farm-outs without immediate refinancing pressure, aiding multi-month project execution.

High Gross Margin On Reported RevenuesA nearly 100% gross margin on reported revenues indicates that when monetisation events occur the company retains most proceeds after direct costs. This structural profitability on revenues provides a margin buffer while management pursues asset sales, farm-outs, or project advancement over the medium term.

Flexible Project Monetisation ModelThe company has multiple monetisation pathways (asset divestments, farm-outs, retained royalties, or eventual production). This structural flexibility reduces single-path execution risk and provides recurring options to generate cash or de-risk projects across months as exploration outcomes develop.

Bears Say

Negative Operating And Free Cash FlowPersistently negative operating and free cash flows indicate the business currently consumes cash to finance exploration and operations. Over a multi-month horizon this creates reliance on external funding, dilutive financing or asset sales, constraining consistent program delivery and strategic optionality.

Non-recurring, Lumpy Revenue ProfileRelying on one-off asset sales, farm-outs or royalties produces lumpy, unpredictable cash inflows. This structural feature makes revenue forecasting and sustained investment planning difficult, increasing financing uncertainty and operational risk across the next several months.

Small Capital And Operating Base Distorts MetricsA very high ROE driven by a low equity base signals metric distortion rather than scale. Combined with a small team size noted elsewhere, this indicates limited internal resources and capital depth, restricting the firm's ability to execute multiple exploration programs or fast-track development without partners.

Indiana Resources Limited News

Indiana Resources Issues 12 Million Unquoted Incentive Securities

Indiana Resources Limited ( ($AU:IDA) ) has provided an announcement. Indiana Resources Limited has notified the market of...

10d ago

Indiana Flags 10km Heavy Mineral Target at Carne Titanium Prospect

The latest announcement is out from Indiana Resources Limited ( ($AU:IDA) ). Indiana Resources has highlighted significant heavy...

11d ago

Indiana Resources Reshapes Executive Team to Cut Costs and Advance Gawler Exploration

Indiana Resources Limited ( ($AU:IDA) ) has provided an update. Indiana Resources has appointed Tim Slate as Company...

15d ago

Indiana Resources launches cost-free sale facility for small shareholdings

Indiana Resources Limited ( ($AU:IDA) ) has issued an update. Indiana Resources has introduced a share sale facility...

19d ago

Indiana Resources flags larger gold system at Minos as new splay delivers strong hits

An announcement from Indiana Resources Limited ( ($AU:IDA) ) is now available. Indiana Resources has reported encouraging early...

1M ago

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...

3M 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...

4M 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...

5M 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...

5M 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...

5M 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 $11.81M.

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

Indiana Resources Limited’s upcoming earnings report date is Oct 06, 2026 which is in 115 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

Blogger Sentiment

Bullish

GSMGF Sentiment 70%
Sector Average ―

News Sentiment

Very Bullish

Bullish news 100%
Bearish news 0%

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

Based in Wembley, Australia, Indiana Resources Limited is an Australian gold exploration firm. The company's primary asset is the Gawler Craton gold project, a vast 5,713 square kilometer tenement situated in South Australia. Established in 1985, the company operated as IMX Resources Limited until its renaming to Indiana Resources Limited in June 2016.