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IDA

Indiana ResourcesASX:IDA Stock Report

Market Cap

AU$23.9m

7D

5.5%

1Y

1.8%

Updated

18 Oct, 2021

Data

Company Financials
IDA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

IDA Overview

Indiana Resources Limited engages in the exploration and development of base and precious metals.

Price History & Performance

Summary of all time highs, changes and price drops for Indiana Resources
Historical stock prices
Current Share PriceAU$0.058
52 Week HighAU$0.051
52 Week LowAU$0.11
Beta0.48
1 Month Change-6.45%
3 Month Change-14.71%
1 Year Change1.75%
3 Year Change-3.33%
5 Year Change-44.76%
Change since IPO-98.30%

Recent News & Updates

Shareholder Returns

IDAAU Metals and MiningAU Market
7D5.5%4.3%0.9%
1Y1.8%12.2%20.2%

Return vs Industry: IDA underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: IDA underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is IDA's price volatile compared to industry and market?
IDA volatility
IDA Beta0.48
Industry Beta0.97
Market Beta1

Stable Share Price: IDA is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: IDA's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1985n/an/ahttps://indianaresources.com.au

Indiana Resources Limited engages in the exploration and development of base and precious metals. It primarily holds interests in the Gawler Craton gold project that covers an area of 5,090 square kilometers located in South Australia. The company was formerly known as IMX Resources Limited and changed its name to Indiana Resources Limited in June 2016.

Indiana Resources Fundamentals Summary

How do Indiana Resources's earnings and revenue compare to its market cap?
IDA fundamental statistics
Market CapAU$23.89m
Earnings (TTM)-AU$1.68m
Revenue (TTM)n/a

0x

P/S Ratio

-15.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IDA income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$1.68m
Earnings-AU$1.68m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0039
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did IDA perform over the long term?

See historical performance and comparison

Valuation

Is Indiana Resources undervalued compared to its fair value and its price relative to the market?

11.84x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate IDA's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate IDA's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: IDA is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: IDA is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate IDA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IDA is overvalued based on its PB Ratio (11.8x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Indiana Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.3%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Indiana Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Indiana Resources performed over the past 5 years?

17.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IDA is currently unprofitable.

Growing Profit Margin: IDA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IDA is unprofitable, but has reduced losses over the past 5 years at a rate of 17.3% per year.

Accelerating Growth: Unable to compare IDA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IDA is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: IDA has a negative Return on Equity (-78.74%), as it is currently unprofitable.


Financial Health

How is Indiana Resources's financial position?


Financial Position Analysis

Short Term Liabilities: IDA's short term assets (A$1.4M) exceed its short term liabilities (A$937.0K).

Long Term Liabilities: IDA's short term assets (A$1.4M) exceed its long term liabilities (A$52.0K).


Debt to Equity History and Analysis

Debt Level: IDA is debt free.

Reducing Debt: IDA had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: IDA has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: IDA has less than a year of cash runway if free cash flow continues to grow at historical rates of 30.6% each year.


Dividend

What is Indiana Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate IDA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate IDA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if IDA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IDA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IDA's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.2yrs

Average management tenure


CEO

Indiana Resources has no CEO, or we have no data on them.


Leadership Team

Experienced Management: IDA's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: IDA's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 88%.


Top Shareholders

Company Information

Indiana Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Indiana Resources Limited
  • Ticker: IDA
  • Exchange: ASX
  • Founded: 1985
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$23.895m
  • Shares outstanding: 434.45m
  • Website: https://indianaresources.com.au

Location

  • Indiana Resources Limited
  • 339 Cambridge Street
  • Suite 3
  • Wembley
  • Western Australia
  • 6014
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:04
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.