Indiana Resources Limited (ASX:IDA) Insider Bronwyn Barnes Sells 550,000 Shares of Stock

Indiana Resources Limited (ASX:IDA) insider Bronwyn Barnes sold 550,000 shares of the stock in a transaction that occurred on Thursday, April 10th. The shares were sold at an average price of A$0.08 ($0.05), for a total value of A$41,800.00 ($26,455.70).

Indiana Resources Stock Performance

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

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.