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

$9.82M

Enterprise Value$5.72M

Total Cash (Recent Filing)$69.35M

Total Debt (Recent Filing)$3.00K

Price to Earnings (P/E)0.3

Beta-0.23

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 Cap0.58

Enterprise Value/Revenue0.04

Enterprise Value/Gross Profit0.04

Enterprise Value/Ebitda0.06

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 Balance SheetVery low debt-to-equity and a healthy equity ratio reduce financial vulnerability, giving management durable flexibility to fund exploration via farm-outs or selective drilling without urgent refinancing. This structural strength lowers bankruptcy risk over the next 2–6 months.

High Gross Margin And Reported Revenue GainReported strong top-line growth and near-100% gross margins suggest tight direct cost control and improving monetisation success on projects. Over months, this supports stronger project economics and bargaining power in farm-outs or asset sales, aiding sustainable project advancement.

Clear Asset Monetisation ModelA defined monetisation toolkit (divestments, farm-ins, royalties, joint-venture production) provides multiple structural paths to convert exploration value into cash. That strategic optionality increases the chance of securing funding or cash realisations over the medium term.

Bears Say

Negative Operating & Free Cash FlowNegative operating and free cash flows are a durable weakness: they constrain the company’s ability to self-fund exploration, increase reliance on dilutive equity or asset sales, and raise the probability of delayed programs or distressed farm-outs within a 2–6 month horizon.

No Recurring Revenue; One-off Cash DependenceDependence on one-off asset monetisation creates inherently lumpy cash flows and higher operational risk. Without recurring income, funding timing and program execution hinge on successful divestments or partners, making planning and credit access structurally more difficult.

Profitability Metrics Distorted By Low EquityExtremely high ROE driven by a low equity base can be misleading and signals limited capital buffer. This structural exposure amplifies ratio volatility, reduces resilience to setbacks, and may necessitate equity raises that dilute shareholders if projects need funding.

Indiana Resources Limited News

Indiana Resources Discloses Director Maja McGuire’s Final Equity Interests After Board Exit

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

3d ago

Indiana Resources director increases indirect shareholding via on-market purchase

Indiana Resources Limited ( ($AU:IDA) ) has shared an announcement. Indiana Resources Limited has disclosed a change in...

3d ago

Indiana Resources appoints David Wheeler, discloses equity-linked incentives

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

3d ago

Indiana Resources Issues New Unquoted Performance Rights and Options

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

4d ago

Indiana Resources Plans New Issue of Performance Rights and Options

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

5d ago

Indiana Resources delays Company Well drilling after weather blocks access

Indiana Resources Limited ( ($AU:IDA) ) has provided an announcement. Indiana Resources has announced further delays to its...

12d ago

Indiana Resources Corrects Director Interest Notice for Chair Bronwyn Barnes

Indiana Resources Limited ( ($AU:IDA) ) just unveiled an update. Indiana Resources Limited has issued a corrected Change...

19d ago

Indiana Resources Secures New Rig After Brief Delay to Gawler Craton Drilling

Indiana Resources Limited ( ($AU:IDA) ) just unveiled an announcement. Indiana Resources has reported a short delay to...

20d ago

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...

1M 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...

1M 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 $9.82M.

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 93 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

Outperform

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.