IDA
INDIANARES FPO [IDA]
Basic Materials · ASX Small Cap
$0.0390 -4.9%
Updated 2026-03-02 · Scores refresh every scan
Appeared in 2 consecutive scans→ Score -6First seen: 2026-02-25
Score Breakdown
Technical43
Catalyst52
Sentiment50
Fundamental77
Momentum61
Risk Gate45
Active Signals
Bullish Signals
- Volatility contracting (breakout setup)
- Strong cash runway (45 quarters)
- 4C filed 2026-01-28
- Pre-revenue but well-funded (>$30M cash)
- Near 52-week low (12% of range)
- Small-cap ($20-100M)
- Substantial holder(s) ceased (1)
- Strong return on equity (239%)
- Positive 12-1 momentum (+36%)
- Pre-revenue company — Altman Z-Score not applicable
- Low-priced stock risk ($0.041)
- ASX200 bullish (+1.5% 5d)
- AUD/USD strong (-2pts)
- RBA cutting (+2pts)
- Geo stress elevated (-1pts, hurt)
Risk Signals
- Price below MAs (downtrend)
- Below 200-day MA (long-term downtrend)
- Insufficient sentiment data (defaulting to neutral)
- Neutral/mixed sentiment
Recent Catalysts
LOW RIU Explorers Conference Presentation
NONE Three New Priority Target Areas at Minos
NONE Gold Confirmed on Splay off Lake Labyrinth Shear
NONE Quarterly Activities/Appendix 5B Cash Flow Report
HIGH Ceasing to be a substantial holder
Recent ASX Announcements
| 2026-02-16 | RIU Explorers Conference Presentation |
| 2026-02-16 | Three New Priority Target Areas at Minos |
| 2026-02-09 | Gold Confirmed on Splay off Lake Labyrinth Shear PRICE SENSITIVE |
| 2026-01-30 | Ceasing to be a substantial holder |
| 2026-01-28 | Quarterly Activities/Appendix 5B Cash Flow Report PRICE SENSITIVE |
Key Metrics
$26.4M
Market Cap
1.7M
Avg Volume
1.4x
Vol Ratio
$0.03 — $0.09
52-Week Range
N/A
Short Interest
20 qtrs
Cash Runway
238.6%
ROE
N/A
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | neutral | EPS Growth: 0% |
| A | Annual Earnings | fail | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | neutral | Float: 72% |
| L | Leader vs Laggard | laggard | RS: 0 |
| I | Institutional Sponsorship | weak | Inst: 7% |
| M | Market Direction | pass | Bullish |
Sector: Basic Materials
Ranked #305 of 570 · Sector avg: 49
View all Basic Materials signals →