Indiana Resources Limited (ASX:IDA) Insider Robert (Bob) Adam Purchases 233,000 Shares

Indiana Resources Limited (ASX:IDAGet Free Report) insider Robert (Bob) Adam purchased 233,000 shares of the business’s stock in a transaction on Monday, August 5th. The stock was purchased at an average cost of A$0.09 ($0.06) per share, with a total value of A$20,271.00 ($13,336.18).

Indiana Resources Stock Performance

The company has a current ratio of 2.32, a quick ratio of 3.74 and a debt-to-equity ratio of 0.85.

About Indiana Resources

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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.

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