INDIANA RESOURCES LIMITED (IDA)

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AI Coverage Rating: Active

ASX AI Signals has generated 5 signal for IDA during the last 90 days, indicating active trading activity and ongoing AI monitoring

Latest IDA Signals
16/06/2026	SELL
27/05/2026	SELL
30/04/2026	SELL
IDA Share Price
Current Price	$0.022
52 Week High	$0.054
52 Week Low:	$0.020
Trading at (% of 52 Week High)	40.74%

Business Overview

Indiana Resources Limited (ASX: IDA) is an Australian mining company focused on the exploration and development of mineral resources. The company primarily targets copper and gold projects in Western Australia, aiming to advance its assets toward production.

ASX Sector Overview

Sector:   Materials

The Materials sector on the ASX consists of companies involved in the extraction, processing, and production of raw materials. This includes mining firms that produce metals like iron ore, gold, and copper, as well as companies that manufacture chemicals, construction materials, and industrial minerals. The sector plays a crucial role in supplying essential resources for various industries such as construction, manufacturing, and technology. It is often influenced by global commodity prices and demand from key markets like China.

Latest AI Recommendation

The SELL recommendation for INDIANA RESOURCES LIMITED (IDA) is supported by weak price performance and limited market momentum at a low trading price, indicating potential downside risk. However, the confidence is moderated by the lack of detailed fundamental data and broader market context.

Latest  INDIANA RESOURCES LIMITED(IDA)   News

21 Feb 2023, 08:01 AM

Here's Why We're A Bit Worried About Indiana Resources' (ASX:IDA) Cash Burn Situation

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. Nonetheless, only a fool would ignore the risk that a loss maki

06 Jan 2023, 04:41 PM

With stock up 14%, Insiders of Indiana Resources Limited (ASX:IDA) must be wishing they had bought more last year

Insiders who bought Indiana Resources Limited (ASX:IDA) stock in the last 12 months were richly rewarded last week. The company's market value increased by AU$3.8m as a result of the stock's 14% gain over the same period. In other words, the original AU$562k purchase is now worth AU$595k. While ins