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Industrial Minerals Limited (IND) AI Stock Analysis
Industrial Minerals Limited
(ASX:IND)
The overall score reflects significant risks tied to the company's pre-revenue status, lack of profitability, and severe downward technical momentum. However, these risks are partially offset by a highly conservative, unlevered balance sheet and improving cash preservation, which provide vital stability for ongoing development.
Industrial Minerals Limited (IND) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 15.94M
- Dividend Yield
- ―
- Average Volume (3M)
- 71.08K
- Price to Earnings (P/E)
- -12.0
- Beta (1Y)
- -0.22
- Revenue Growth
- ―
- EPS Growth
- 72.94%
- Country
- Australia
- Employees
- 0
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial Materials
Industrial Minerals Limited Business Overview & Revenue Model
Company Description
Industrial Minerals Ltd is an Australian-based enterprise specializing in the exploration and development of various mineral projects. The company's primary focus involves prospecting for essential industrial minerals such as gypsum, salt, silica san...
How the Company Makes Money
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Industrial Minerals Limited Financial Statement Overview
Summary
Despite being a pre-revenue entity, the company features a pristine, unlevered balance sheet with nearly $5.0 million in assets and minimal debt (D/E ratio of 0.007). Management has also notably reduced cash burn, halving operating outflows and narrowing net losses year-over-year.
Income Statement
20Very NegativeBalance Sheet
75PositiveCash Flow
35Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -53.10K | -53.10K | -65.32K | -36.35K | -36.35K | -10.76K |
| EBITDA | -529.85K | -529.85K | -2.28M | -1.61M | -1.50M | -1.22M |
| Net Income | -679.07K | -679.07K | -2.35M | -1.68M | -1.55M | -1.24M |
Balance Sheet | ||||||
| Total Assets | 5.00M | 5.00M | 3.37M | 3.29M | 3.29M | 4.29M |
| Cash, Cash Equivalents and Short-Term Investments | 2.08M | 2.08M | 881.84K | 358.95K | 1.20M | 3.41M |
| Total Debt | 30.78K | 30.78K | 119.26K | 105.40K | 138.98K | 172.13K |
| Total Liabilities | 822.06K | 822.06K | 444.69K | 490.04K | 350.11K | 416.91K |
| Stockholders Equity | 4.17M | 4.17M | 2.93M | 2.80M | 2.94M | 3.88M |
Cash Flow | ||||||
| Free Cash Flow | -437.62K | -437.62K | -845.48K | -2.42M | -2.18M | -1.48M |
| Operating Cash Flow | -406.54K | -406.54K | -845.48K | -827.56K | -904.17K | -916.04K |
| Investing Cash Flow | -225.53K | -225.53K | -755.59K | -1.60M | -1.27M | -563.39K |
| Financing Cash Flow | 1.83M | 1.83M | 2.12M | 1.59M | -33.15K | 4.61M |
Industrial Minerals Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:IND, the sentiment is Negative. The current price of 0.10 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.11, and below the 200-day MA of 0.12, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 40.57 is Neutral, neither overbought nor oversold. The STOCH value of 200.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:IND.
Industrial Minerals Limited Peers Comparison
Overall Rating
AU:WYX44Neutral- AU:IND43Neutral
AU:BMM40Underperform
AU:MML37Underperform
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:WYX | 44Neutral | AUD 6.02M | -3.04 | -49.20% | ― | ― | 10.85% |
| AU:IND | 43Neutral | AUD 15.94M | -11.95 | -20.00% | ― | ― | 72.94% |
| AU:BMM | 40Underperform | AUD 6.25M | -4.95 | -25.72% | ― | ― | 79.65% |
| AU:MML | 37Underperform | AUD 6.07M | -2.10 | -28.11% | ― | ― | 68.16% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:IND | Industrial Minerals Limited | 0.10 | -0.05 | -34.67% | |
| AU:BMM | Balkan Mining and Minerals Ltd | 0.05 | -0.08 | -63.20% | |
| AU:WYX | Pacific Bauxite Limited | 0.04 | -0.01 | -30.00% | |
| AU:MML | Allup Silica Ltd. | 0.01 | -0.01 | -42.86% | |
| AU:KM1 | Kali Metals Limited | 0.09 | -0.07 | -45.63% |
Industrial Minerals Limited Corporate Events
Industrial Minerals Sets AGM Date and Board Nomination Deadline
Industrial Minerals Ltd has scheduled its Annual General Meeting for 17 November 2026, giving shareholders a clear timetable for key governance decisions and corporate updates. The company has also set 29 September 2026 as the deadline for nomination...
Industrial Minerals Lodges ASX Governance Disclosure for 2026 Financial Year
Industrial Minerals Ltd has detailed its corporate governance arrangements for the financial year ended 30 June 2026 in a statement hosted on its website, in line with ASX Listing Rule requirements. The statement was approved by the board and is curr...
Industrial Minerals Limited Releases Full-Year 2026 Annual Report
Industrial Minerals Limited has released its annual report for the year ended 30 June 2026, outlining a comprehensive review of operations, environmental, social and governance initiatives and detailed financial performance. The report also covers di...
Gundara Enterprises Ceases to Be Substantial Holder in Industrial Minerals Ltd
Industrial Minerals Ltd has disclosed that Gundara Enterprises Pty Ltd has ceased to be a substantial holder in the company following a dilution event. The notice records that Gundara’s relevant interest in 4,075,000 fully paid ordinary shares...
Tristar Nominees Ceases to Be Substantial Holder in Industrial Minerals
Industrial Minerals Ltd has disclosed that Tristar Nominees Pty Ltd has ceased to be a substantial holder in the company following a dilution event affecting 6,090,000 fully paid ordinary shares. The change, formally notified under Australia’s...
Industrial Minerals Issues Over 16.6 Million Escrowed Shares on ASX
Industrial Minerals Ltd has notified the market of the issue of 16,603,571 new fully paid ordinary shares, which will be subject to a 12-month escrow period from the date of issue on August 27, 2026. The unquoted securities issuance, detailed in an A...
Industrial Minerals Finalises Director Departure and Share-Based Fee Settlement
Industrial Minerals Ltd has announced the departure of director Alexander James Neuling from the board, effective 27 August 2026, and lodged a final director’s interest notice with the ASX. Neuling’s indirect interests include stakes held...
Industrial Minerals Appoints New Director and Details Equity Interests
Industrial Minerals Limited has appointed Warrick Clent as a director effective 27 August 2026, and disclosed his initial interests in the company’s securities in accordance with ASX listing requirements. The filing outlines Clent’s direc...
Industrial Minerals Issues New Shares and Confirms Compliance With Disclosure Rules
Industrial Minerals Ltd has issued 62,367,716 fully paid ordinary shares following shareholder approval at a recent general meeting, with 45,764,046 new shares freely tradable and 16,603,571 subject to a 12‑month escrow period. The company has...
Industrial Minerals Ltd Issues 8.8 Million Unquoted Performance Rights
Industrial Minerals Ltd has notified the market of the issuance of a series of unquoted performance rights as part of its equity compensation structure. These securities are not quoted and are not intended to be quoted on the ASX, reflecting a focus...
Industrial Minerals Seeks ASX Quotation for 45.8 Million New Shares
Industrial Minerals Ltd has lodged an application with the ASX for the quotation of additional ordinary fully paid shares. The move reflects the company’s ongoing capital management and supports its positioning in the industrial minerals sector...
Industrial Minerals Completes Galleon Deal and Reshapes Board
Industrial Minerals Ltd, an Australian exploration company, is building a portfolio of high-value mineral assets in Western Australia. Its flagship Laverton Gold Project sits in a well-endowed gold district near major deposits, complemented by a high...
Industrial Minerals Confirms Priority Gold Target at Laverton’s North Pool
Industrial Minerals has reinterpreted existing aeromagnetic and gravity data over the North Pool prospect within the Laverton Gold Project, confirming a strong, coherent geophysical target along the Chatterbox Shear Zone. The feature extends for at l...
Industrial Minerals Wins Strong Shareholder Backing for Galleon Metals Deal and Board Refresh
Industrial Minerals Limited shareholders have overwhelmingly approved all resolutions at a 21 August general meeting, including the acquisition of Galleon Metals and the issue of consideration shares to its vendors. Investors also backed the ratifica...
Industrial Minerals pivots into gold with Laverton portfolio acquisition
Industrial Minerals Ltd has agreed to acquire the Laverton Gold Portfolio in Western Australia, a package of 15 exploration licences spanning about 205 square kilometres in the highly prospective Laverton Tectonic Zone. The all-share deal, valued at...
Industrial Minerals calls crucial shareholder vote on Galleon Metals acquisition
Industrial Minerals Ltd has called a general meeting for 21 August 2026 in Peppermint Grove, Western Australia, with shareholder eligibility determined as at 19 August 2026. The meeting will consider several resolutions that are critical to a propose...
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: Sep 18, 2026