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Indiana Resources Limited (IDA) AI Stock Analysis
Indiana Resources Limited
(ASX:IDA)
The overall score is at the minimum of 37, reflecting a high-risk, pre-revenue junior mining company. The most significant factor is the extremely poor financial performance, characterized by zero sustainable revenue and a rapidly increasing cash burn rate, which is only partially mitigated by a strong balance sheet. This is compounded by a bearish technical trend with the stock in a sustained downtrend across all major moving averages and weak momentum. The negative P/E ratio confirms the lack of current earnings, leaving no fundamental or technical support for the stock at this time.
Indiana Resources Limited (IDA) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 6.31M
- Dividend Yield
- ―
- Average Volume (3M)
- 711.70K
- Price to Earnings (P/E)
- -3.0
- Beta (1Y)
- 0.94
- Revenue Growth
- -100.00%
- EPS Growth
- -103.88%
- Country
- Australia
- Employees
- 16
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
Indiana Resources Limited Business Overview & Revenue Model
Company Description
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...
How the Company Makes Money
IDA’s business model is primarily that of a mineral explorer/developer. It typically seeks to create shareholder value by acquiring and advancing exploration assets and, where successful, monetising them through one or more pathways: (1) asset sales...
Indiana Resources Limited Financial Statement Overview
Summary
Financial performance is critically weak. The income statement shows a complete lack of sustainable revenue with a 100% collapse in TTM sales and a -$5.6M EBIT. Cash flow is deeply negative at -$3.4M with a rapidly increasing burn rate. The only positive is a strong, debt-light balance sheet with $36.6M in equity, which provides a liquidity runway but does not offset the severe operational losses.
Income Statement
8Very NegativeBalance Sheet
72PositiveCash Flow
10Very Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 139.60M | 210.00K | 6,000 | 2,000 |
| Gross Profit | -26.00K | -26.00K | 139.58M | 210.00K | -72.00K | -73.00K |
| EBITDA | -5.57M | -5.57M | 103.03M | -4.13M | -1.92M | -2.04M |
| Net Income | -3.81M | -3.81M | 97.34M | -4.17M | -1.99M | -2.11M |
Balance Sheet | ||||||
| Total Assets | 43.31M | 43.31M | 79.91M | 8.17M | 6.91M | 6.58M |
| Cash, Cash Equivalents and Short-Term Investments | 30.07M | 30.07M | 69.35M | 1.39M | 1.19M | 2.37M |
| Total Debt | 220.00K | 220.00K | 3,000 | 32.00K | 96.00K | 196.00K |
| Total Liabilities | 3.75M | 3.75M | 3.04M | 922.00K | 977.00K | 789.00K |
| Stockholders Equity | 36.56M | 36.56M | 73.50M | 6.88M | 5.65M | 5.44M |
Cash Flow | ||||||
| Free Cash Flow | -5.13M | -3.44M | -6.15M | -4.72M | -2.95M | -4.50M |
| Operating Cash Flow | -3.44M | -3.44M | -6.15M | -4.20M | -1.47M | -2.53M |
| Investing Cash Flow | 3.37M | 3.37M | 79.55M | -494.00K | -1.39M | -1.97M |
| Financing Cash Flow | -31.88M | -31.88M | -31.64M | 4.89M | 1.68M | 5.57M |
Indiana Resources Limited Technical Analysis
Price Trends
Market Momentum
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 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 40.86 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 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
AU:LDR44Neutral
AU:HWK42Neutral
AU:SCN40Underperform- AU:IDA37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:LDR | 44Neutral | AUD 14.82M | 8.19 | 2.63% | ― | ― | ― |
| AU:HWK | 42Neutral | AUD 2.76M | -2.00 | -10.63% | ― | ― | 24.79% |
| AU:SCN | 40Underperform | AUD 8.68M | -3.04 | -68.97% | ― | ― | 46.51% |
| AU:IDA | 37Underperform | AUD 10.95M | -3.05 | -10.03% | ― | -100.00% | -103.88% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:IDA | Indiana Resources Limited | 0.02 | -0.03 | -62.79% | |
| AU:SCN | Scorpion Minerals Limited | 0.02 | -0.01 | -38.46% | |
| AU:HWK | Alderan Resources Ltd. | 0.03 | -0.00 | -12.90% | |
| AU:LDR | Lode Resources Ltd | 0.07 | -0.12 | -63.24% |
Indiana Resources Limited Corporate Events
Indiana Resources Updates ASX Corporate Governance Disclosures
Indiana Resources Limited has lodged its updated corporate governance statement and Appendix 4G with the ASX for the year ended 30 June 2026. The statement, current as at 30 September 2026 and approved by the board, is hosted on the company’s w...
Indiana Resources updates governance and corporate structures in 2026 annual report
Indiana Resources Limited, an ASX-listed Australian company, operates from offices in West Perth and Adelaide and is embedded in the local corporate ecosystem through ties with National Australia Bank, InCorp Audit & Assurance, Nova Legal, and Co...
Indiana Resources completes key drilling and secures heritage clearance at Gawler Craton
Indiana Resources has completed a reverse circulation drilling program at its Company Well prospect within the Gawler Craton Project in South Australia, totalling 1,764 metres across 10 holes. Eight holes targeted a mineralised splay off the Lake Lab...
Indiana Resources Clears Key Heritage Hurdle Ahead of Maiden Drilling at Ealbara
Indiana Resources has completed a second heritage survey at the Ealbara prospect within its wholly owned Gawler Craton Project in South Australia, working alongside representatives of the Antakirinja Matu – Yankunytjatjara Aboriginal Corporatio...
Indiana Resources Sets Key Dates for 2026 AGM and Director Nominations
Indiana Resources Limited, an ASX-listed resources company headquartered in West Perth, has issued a corporate governance update ahead of its next shareholder meeting. While the release does not detail operational activities, it reinforces the compan...
Indiana Resources sets timetable for Ntaka arbitration ruling in 2027
Indiana Resources has provided an update on an ongoing arbitration linked to its former Ntaka Nickel project interests, where a dispute has arisen over how settlement funds from an arbitration claim against the United Republic of Tanzania should be d...
Indiana Resources CEO Resigns as Gawler Craton Exploration and Tanzania Arbitration Advance
Indiana Resources Limited, an ASX-listed exploration company, concentrates on critical minerals, rare earths, gold and base metals across a 5,000km² landholding in South Australia’s Central Gawler Craton Province. Its tenements sit between...
Indiana Resources Streamlines Share Register with Sale of Unmarketable Parcels
Indiana Resources Limited has completed its unmarketable parcel share sale facility, first announced in May, as part of efforts to streamline its share register. The company sold 2,359,572 shares from 341 small shareholders at $0.021 per share, a mov...
Indiana Resources Advances Gawler Craton Gold and Titanium Exploration with Strong Cash Backing
Indiana Resources has advanced its exploration pipeline across the Gawler Craton Project, refining gold targets at the Minos-Ariadne-Company Well area through reprocessed aeromagnetic data and mineral mapping. Drilling at the Company Well prospect, w...
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.
Date of analysis: Oct 21, 2026