Insider Buying: Indiana Resources (ASX:IDA) Insider Buys 2,472,798 Shares of Stock

Indiana Resources Limited (ASX:IDA) insider Bronwyn Barnes bought 2,472,798 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were bought at an average price of A$0.04 per share, for a total transaction of A$101,384.72.

Indiana Resources Stock Performance

The company has a debt-to-equity ratio of 0.47, a quick ratio of 3.74 and a current ratio of 1.95. The company has a market cap of $47.56 million, a PE ratio of -10.77 and a beta of 0.29.

Indiana Resources Company Profile

Indiana Resources Limited operates as a gold exploration company 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 was incorporated in 1985 and is based in Thebarton, Australia.