Indiana Resources Limited (ASX:IDA – Get Free Report) announced a interim dividend on Thursday, November 21st,MarketIndexAU Dividends reports. Investors of record on Thursday, December 19th will be given a dividend of 0.05 per share on Thursday, December 19th. This represents a dividend yield of 47.62%. The ex-dividend date is Thursday, December 5th.
Indiana Resources Price Performance
The company has a quick ratio of 3.74, a current ratio of 1.95 and a debt-to-equity ratio of 0.44.
Insider Buying and Selling
In related news, insider Bronwyn Barnes purchased 500,000 shares of the firm’s stock in a transaction on Tuesday, September 17th. The shares were bought at an average cost of A$0.09 ($0.06) per share, for a total transaction of A$46,000.00 ($29,870.13). 38.82% of the stock is owned by insiders.
About Indiana Resources
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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