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Indiana Resources Limited (GSMGF)
OTHER OTC:GSMGF

Indiana Resources Limited (GSMGF) Price & Analysis

24 Followers

GSMGF Stock Chart & Stats

$0.02
<$0.01(42.79%)
At close: 4:00 PM EDT
$0.02
<$0.01(42.79%)

Bulls Say, Bears Say

Bulls Say
Low LeverageVery low leverage reduces fixed financial obligations and preserves flexibility while Indiana Resources advances exploration assets. A comparatively unburdened balance sheet can help the company withstand operating volatility and retain capacity to fund selected project work or pursue strategic transactions.
Substantial Equity BaseThe company retains a meaningful equity base relative to its assets, providing financial backing for its exploration and project-development activities. This capital position is a durable strength because it offers some capacity to progress prospects despite the absence of consistent operating revenue.
Multiple Asset Monetisation PathwaysIndiana Resources is not limited to a single route for realizing exploration value: it can sell projects, secure partners to fund work, or advance assets toward production. This strategic flexibility can support capital access and preserve optionality as prospects mature.
Bears Say
Unstable Revenue And EarningsThe sharp reversal from exceptional FY2025 revenue and profit to zero revenue and a FY2026 loss shows that recent earnings are not dependable. Earlier years were also loss-making, limiting visibility into recurring performance and making future results heavily dependent on non-recurring outcomes.
Persistent Negative Cash FlowSustained operating and free-cash-flow outflows indicate that the business has not funded its activities through recurring operations. Continued exploration spending without internal cash generation can increase reliance on capital raises, asset transactions, or partners to maintain project progress.
Declining Equity BaseThe substantial year-over-year reduction in equity weakens the balance-sheet cushion available to support exploration and development. Although leverage remains low, a smaller capital base can constrain project funding and increase sensitivity to future losses, financing needs, or adverse asset movements.

Indiana Resources Limited News

GSMGF FAQ

What was Indiana Resources Limited’s price range in the past 12 months?
Indiana Resources Limited lowest stock price was $0.01 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 $8.08M.
      When is Indiana Resources Limited’s upcoming earnings report date?
      Indiana Resources Limited’s upcoming earnings report date is Mar 12, 2027 which is in 144 days.
        How were Indiana Resources Limited’s earnings last quarter?
        Indiana Resources Limited released its earnings results on Sep 30, 2026. The company reported -$0.003 earnings per share for the quarter.
          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 Notavailable dividend of $0.033 which represents an annual dividend yield of 175.14%. 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 -$0.003 in its last earnings report. 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

                    5
                    Neutral
                    1
                    2
                    3
                    4
                    5
                    6
                    7
                    8
                    9
                    10

                    Technicals

                    SMA
                    Negative
                    20 days / 200 days
                    Momentum
                    -50.00%
                    12-Months-Change

                    Fundamentals

                    Return on Equity
                    -10.03%
                    Trailing 12-Months
                    Asset Growth
                    -42.70%
                    Trailing 12-Months
                    Learn more about TipRanks Smart Score

                    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.

                    Indiana Resources Limited (GSMGF) Earnings & Revenues

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                    Ownership Overview

                    8.90%91.10%
                    ― Other Institutional Investors
                    91.10% Public Companies and
                    Individual Investors
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