How does IDA's PB Ratio compare to its peers?

IDA is expensive based on its Price-To-Book Ratio (9.7x) compared to the peer average (1.4x).

How does IDA's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

IDA is expensive based on its Price-To-Book Ratio (9.7x) compared to the Australian Metals and Mining industry average (1.1x).

What is IDA's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate IDA's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of IDA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate IDA's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Indiana Resources (CHIA:IDA) - Stock Price, News & Analysis

IDA Stock Overview

Engages in the exploration of rare earth elements, gold, and base metals in Australia. More details

IDA fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue (A$210K)

Has less than 1 year of cash runway

Shareholders have been diluted in the past year

Does not have a meaningful market cap (A$67M)

Indiana Resources Limited Competitors

Arizona Lithium

ASX:AZL

AU$62.6m

Black Rock Mining

ASX:BKT

AU$56.3m

QPM Energy

ASX:QPM

AU$108.4m

Galena Mining

ASX:G1A

AU$44.4m

Price History & Performance

Summary of all time highs, changes and price drops for Indiana Resources
Historical stock prices
Current Share Price	AU$0.10
52 Week High	AU$0.11
52 Week Low	AU$0.058
Beta	0.29
11 Month Change	6.06%
3 Month Change	14.13%
1 Year Change	84.21%
33 Year Change	61.54%
5 Year Change	320.00%
Change since IPO	-16.00%

Recent updates

Shareholder Returns

	IDA	AU Metals and Mining	AU Market
7D	0%	1.6%	0.9%
1Y	84.2%	-10.8%	18.4%

Return vs Industry: IDA exceeded the Australian Metals and Mining industry which returned -10.8% over the past year.

Return vs Market: IDA exceeded the Australian Market which returned 18.4% over the past year.

Price Volatility

Is IDA's price volatile compared to industry and market?
IDA volatility
IDA Average Weekly Movement	4.6%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: IDA has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: IDA's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1985	n/a	n/a	indianaresources.com.au

Indiana Resources Limited engages in the exploration of rare earth elements, gold, and base metals in Australia. It primarily holds interests in the Gawler Craton gold project that covers an area of 5,713 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 Limited Fundamentals Summary

How do Indiana Resources's earnings and revenue compare to its market cap?
IDA fundamental statistics
Market cap	AU$66.61m
Earnings (TTM)	-AU$4.17m
Revenue (TTM)	AU$210.00k

317.2x

P/S Ratio

-16.0x

P/E Ratio

Is IDA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IDA income statement (TTM)
Revenue	AU$210.00k
Cost of Revenue	AU$0
Gross Profit	AU$210.00k
Other Expenses	AU$4.38m
Earnings	-AU$4.17m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0066
Gross Margin	100.00%
Net Profit Margin	-1,987.62%
Debt/Equity Ratio	0%

How did IDA perform over the long term?

See historical performance and comparison

IDA Stock Overview

Risk Analysis

Indiana Resources Limited Competitors

ASX:AZL

AU$62.6m

ASX:BKT

AU$56.3m

ASX:QPM

AU$108.4m

ASX:G1A

AU$44.4m

Price History & Performance

Recent News & Updates

Indiana Resources Limited Announces Special Dividend, Payable on 20 December 2024

New minor risk - Insider selling

Indiana Resources Limited, Annual General Meeting, Nov 21, 2024

Indiana Resources Limited Announces Executive Changes

Indiana Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.442803 million.

Indiana Resources Limited Announces the Resignation of David Ward as Non-Executive Director, Effective from 20 March 2024

Recent updates

Indiana Resources Limited Announces Special Dividend, Payable on 20 December 2024

New minor risk - Insider selling

Indiana Resources Limited, Annual General Meeting, Nov 21, 2024

Indiana Resources Limited Announces Executive Changes

Indiana Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.442803 million.

Indiana Resources Limited Announces the Resignation of David Ward as Non-Executive Director, Effective from 20 March 2024

New major risk - Financial position

Indiana Resources Limited Appoints Ms. Maja McGuire as Non-Executive Director

Indiana Resources Limited, Annual General Meeting, Nov 30, 2023

New minor risk - Financial data availability

Indiana Resources Limited Announces Appointment of Mr. Josh Merriman as Joint Company Secretary

Indiana Resources Limited Announces High Grade Gold Results at Minos - Up To 95.6 g/t Au

Indiana Resources Limited Provides Update on Arbitration - Ntaka Hill Nickel Project

Indiana Resources Limited Receives the First Results from the Air Core Drilling Program at Minos Ree Prospect Within its 100% Owned 5,713 Km2 Central Gawler Craton Exploration Project in South Australia

Indiana Resources Limited Announces Completion of REE AC & Gold RC Drilling Minos

Indiana Resources Limited Announces Multiple New REE Exploration Targets Identified

Indiana Resources Limited Announces Air-Core Drilling is in Progress at its Minos Rare Earth Element Prospect

Indiana Resources Limited Provides Exploration Update on Central Gawler Craton Project

Less than half of directors are independent

Indiana Resources Limited Reports Assays Results from the Reverse Circulation Drilling Campaign Completed At the Minos Prospect and the Ariadne Prospect

Indiana Resources Limited, Annual General Meeting, Nov 30, 2022

Indiana Resources Limited Announces Management Changes

Indiana Resources Limited Announces Further Significant REE Mineralisation Has Been Returned from Central Gawler Project in South Australia

Indiana Resources Limited Confirms High Grade Ree Mineralisation Within Indiana's 100% Owned 5,713 Km² Central Gawler Project in South Australia

Indiana Resources Limited Announce RC Drilling Completed At Minos

Indiana Resources Limited Announces That Reverse Circulation (Rc) Drilling Has Commenced At Minos and Ariadne Prospects Within Indiana's 100% Owned 5,713 Km2 Central Gawler Gold Project in South Australia

Indiana Resources Limited Announces 72 Additional Drillholes Submitted for REE Assay

Indiana Resources Limited Assays Confirm High Grade Ionic Clay Rare Earths Treo Up to 15,486Ppm

Indiana Resources Limited Announces Minos Drilling Results at Central Gawler Craton in South Australia

Indiana Resources Limited Announces Executive Changes

High number of new directors

Indiana Resources Limited Reports Rare Earth Potential Identified at Central Gawler Project

Indiana Resources Limited Announces Minos Drilling Continues to Define Significant Gold Bearing System

Indiana Resources Limited Announces Appointment of Michael (Mike) Rosenstreich as an Independent Non-Executive Director

Indiana Resources Limited Identifies New Targets At Central Gawler Gold Project

Indiana Resources Limited Announces Next Phase of Drilling Underway At Minos Gold Prospect

Indiana Resources Limited Reports Strong Gold Results At Minos Prospect

Indiana Resources Limited Announces Board Changes

Indiana Resources Limited Reports Wide Gold Intersections Extend Minos Strike

Less than half of directors are independent

Indiana Resources Limited Announce Reverse Circulation Drilling Has Now Been Completed at the Minos Prospect Within Indiana's 100% Owned 5,713 Km2 Central Gawler Craton Gold Project in South Australia

Less than half of directors are independent

Indiana Resources Limited Provides Update on Aircore Drilling & Exploration

Indiana Resources Limited Announces High-Grade Gold Results Continue At Minos Prospect

Indiana Resources Limited Provides an Update on Exploration At Indiana's 100% Owned 5,090 Km2 Central Gawler Craton Gold Project

Non-Executive Director Lindsay Williams has left the company

Indiana Resources Limited's Drilling Commences at Central Gawler Craton Gold Project

Indiana Resources Limited Provides Update on the Dispute with the Government of Tanzania over the Illegal Expropriation of the Ntaka Hill Nickel Project

Indiana Resources Limited Announces High Grade Gold Results Continue At Minos

Independent Non-Executive Director has left the company

Indiana Resources Limited Announces Resignation of Steven Zaninovich from the Board, Effective 28 February 2021

Indiana Resources Limited Announces Exceptional Results Received from Assaying of the First Five Reverse Circulation

Indiana Resources Limited Announces Significant Results from SA Core Reference Library

Indiana Resources Limited Announces the Appointment of Gary Ferris as General Manager-Exploration Effective February 8, 2021

Indiana Resources Limited announced that it expects to receive AUD 1 million in funding

Indiana Resources Limited Announces Completion of Drilling At Central Gawler Craton Gold Project

Indiana Resources Limited Commences Drilling Activities at the Minos Prospect at the 5090 Km2 Central Gawler Craton Gold Project

Indiana Resources Limited Located Uncut and Unassay Diamond Drill Core At the Sa Core Reference Library Located At Tonsley, South Australia

Indiana Resources Limited Announces RC Drilling Campaign at Central Gawler Craton

Indiana Resources Limited Announces Appointment of David Williams as A Non-Executive Director