Southern Gold Limited (AU:ION)
ASX:ION
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ION Stock Chart & Stats
AU$0.04
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$0.04
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$0.02 - AU$0.07
Previous CloseN/A
Volume3.95M
Average Volume (3M)3.90M
Market Cap
AU$24.63M
Enterprise ValueAU$20.05M
Total Cash (Recent Filing)AU$5.87M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.96
Next Earnings
Sep 30, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,296,144,400
10 Day Avg. Volume877,565
30 Day Avg. Volume3,896,962
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)5.31
Price to Sales (P/S)161.27
P/FCF Ratio-9.83
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.41
Revenue Forecast (FY)AU$3.70M
Bulls Say, Bears Say
Bulls Say
Low Leverage And Stronger EquityZero reported debt and a meaningful equity increase improve financial flexibility and reduce solvency risk. For an explorer this provides runway to sustain drilling or negotiate farm-outs without immediate high-interest borrowing, supporting partner engagement and long-term project advancement.
Rebound In Reported RevenueA move from zero to A$245k in FY2025 demonstrates initial monetisation activity and validates commercial pathways. While small, recurring or transactional receipts can support JV leverage, reduce sole funding needs, and signal tangible progress toward long-term value realisation.
Clear Explorer Monetisation PathwaysThe company benefits from established explorer exit routes—asset sales, farm-outs/JVs, royalties and milestone payments—which create durable optionality. These structural channels reduce capital intensity, allow risk transfer to partners, and offer multiple pathways to crystallise project value over time.
Bears Say
Persistent Cash BurnOperating and free cash flow near -A$4.0m in FY2025 reflect sustained cash burn. This depletes runway, forces equity raises or reliance on partners, increases dilution risk, and constrains the firm's ability to consistently fund exploration programs without external financing.
Deep And Sustained LossesLarge negative EBITDA/EBIT and a multi-million dollar net loss indicate the business is still in an investment phase with no internal earnings to fund growth. Persistent losses hinder ability to attract non-dilutive capital and mean value realisation depends on successful asset transactions or partners.
Negative Returns On EquityNegative ROE across consecutive years shows recent equity injections haven't translated into positive returns. That undermines long-term shareholder value, may necessitate further funding rounds, and can reduce appeal to strategic partners until projects are materially de-risked.
Southern Gold Limited News
ION FAQ
What was Southern Gold Limited’s price range in the past 12 months?
Southern Gold Limited lowest share price was AU$0.02 and its highest was AU$0.07 in the past 12 months.
What is Southern Gold Limited’s market cap?
Southern Gold Limited’s market cap is AU$24.63M.
When is Southern Gold Limited’s upcoming earnings report date?
Southern Gold Limited’s upcoming earnings report date is Sep 30, 2026 which is in 118 days.
How were Southern Gold Limited’s earnings last quarter?
Southern Gold Limited released its earnings results on Feb 23, 2026. The company reported -AU$0.003 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.003.
Is Southern Gold Limited overvalued?
According to Wall Street analysts Southern Gold Limited’s price is currently Overvalued.
Does Southern Gold Limited pay dividends?
Southern Gold Limited does not currently pay dividends.
What is Southern Gold Limited’s EPS estimate?
Southern Gold Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Southern Gold Limited have?
Southern Gold Limited has 1,296,144,400 shares outstanding.
What happened to Southern Gold Limited’s price movement after its last earnings report?
Southern Gold Limited reported an EPS of -AU$0.003 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -3.448%.
Which hedge fund is a major shareholder of Southern Gold Limited?
Currently, no hedge funds are holding shares in AU:ION
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Southern Gold Limited Stock Smart Score
Underperform
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Blogger Sentiment
Bullish
AU:ION Sentiment 100%
Sector Average ―
Sector Average ―
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Fundamentals
Return on Equity
-67.68%
Trailing 12-Months
Asset Growth
52.95%
Trailing 12-Months
Company Description
Southern Gold Limited
Iondrive Limited engages in the development and commercialization of battery technology; and lithium exploration. It also explores for gold, silver, copper, palladium, and rare earth elements. The company was formerly known as Southern Gold Limited and changed its name to Iondrive Limited in November 2023. Iondrive Limited was incorporated in 2004 and is based in Adelaide, Australia.
Technical Analysis
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Options Prices
Currently, No data available
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