How does GSMG.F's PB Ratio compare to its peers?

GSMG.F is good value based on its Price-To-Book Ratio (10.1x) compared to the peer average (47.6x).

How does GSMG.F's PB Ratio compare vs other companies in the US Metals and Mining Industry?

GSMG.F is expensive based on its Price-To-Book Ratio (10.1x) compared to the US Metals and Mining industry average (1.8x).

What is GSMG.F'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 GSMG.F's Price-To-Book Fair Ratio for valuation analysis.

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

Insufficient data to calculate GSMG.F'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 (OTCPK:GSMG.F) - Stock Price, News & Analysis

GSMG.F Stock Overview

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

GSMG.F fundamental analysis
Snowflake Score
Valuation	1/6
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

Shares are highly illiquid

Shareholders have been diluted in the past year

+ 1 more risk

Indiana Resources Limited Competitors

American Battery Technology

NasdaqCM:ABAT

US$70.5m

Solitario Resources

NYSEAM:XPL

US$50.1m

Chilean Cobalt

OTCPK:COBA

US$52.2m

Key Mining

NYSEAM:KMCM

US$53.4m

Price History & Performance

Summary of all time highs, changes and price drops for Indiana Resources
Historical stock prices
Current Share Price	AU$0.027
52 Week High	AU$0.092
52 Week Low	AU$0.006
Beta	0.29
11 Month Change	0%
3 Month Change	-55.84%
1 Year Change	353.33%
33 Year Change	-45.60%
5 Year Change	n/a
Change since IPO	-94.21%

Recent updates

Shareholder Returns

	GSMG.F	US Metals and Mining	US Market
7D	0%	0.3%	1.6%
1Y	353.3%	20.3%	32.3%

Return vs Industry: GSMG.F exceeded the US Metals and Mining industry which returned 20.3% over the past year.

Return vs Market: GSMG.F exceeded the US Market which returned 32.3% over the past year.

Price Volatility

Is GSMG.F's price volatile compared to industry and market?
GSMG.F volatility
GSMG.F Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	8.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.2%
10% least volatile stocks in US Market	3.1%

Stable Share Price: GSMG.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine GSMG.F's volatility change 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?
GSMG.F fundamental statistics
Market cap	US$43.22m
Earnings (TTM)	-US$2.71m
Revenue (TTM)	US$136.27k

332.3x

P/S Ratio

-16.7x

P/E Ratio

Is GSMG.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GSMG.F 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 GSMG.F perform over the long term?

See historical performance and comparison

GSMG.F Stock Overview

Risk Analysis

Indiana Resources Limited Competitors

NasdaqCM:ABAT

US$70.5m

NYSEAM:XPL

US$50.1m

OTCPK:COBA

US$52.2m

NYSEAM:KMCM

US$53.4m

Price History & Performance

Recent News & Updates

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

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

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

Recent updates

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

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

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

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

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

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

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

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

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

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

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

Indiana Resources Limited (ASX:IDA) completed the acquisition of Earea Dam Mining Pty Ltd and Endeavour Copper Gold Pty Ltd from Patron Resources Limited.

Indiana Resources Limited has completed a Derivatives Offering in the amount of AUD 0.330884 million.

Shareholder Returns

Price Volatility

About the Company

Indiana Resources Limited Fundamentals Summary

332.3x

-16.7x

Earnings & Revenue