Indiana Resources Limited (ASX:IDA) Insider Buys A$46,000.00 in Stock

by · The Cerbat Gem

Indiana Resources Limited (ASX:IDAGet Free Report) insider Bronwyn Barnes bought 500,000 shares of the stock in a transaction on Tuesday, September 17th. The stock was purchased at an average cost of A$0.09 ($0.06) per share, with a total value of A$46,000.00 ($31,506.85).

Bronwyn Barnes also recently made the following trade(s):

  • On Tuesday, August 13th, Bronwyn Barnes purchased 550,000 shares of Indiana Resources stock. The shares were purchased at an average price of A$0.07 ($0.05) per share, for a total transaction of A$38,500.00 ($26,369.86).
  • On Wednesday, July 31st, Bronwyn Barnes bought 450,000 shares of Indiana Resources stock. The shares were acquired at an average cost of A$0.08 ($0.05) per share, for a total transaction of A$35,100.00 ($24,041.10).

Indiana Resources Stock Performance

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

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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