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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$35.00M
Enterprise ValueAU$25.24M
Total Cash (Recent Filing)AU$8.42M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta2.48
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)-0.55
Revenue Forecast (FY)AU$7.30M
Bulls Say, Bears Say
Bulls Say
Low Leverage / Strong Balance SheetZero reported debt provides durable financial flexibility, lowering refinancing and covenant risk and giving management runway to fund exploration via equity or cash. This reduces insolvency risk in downturns and supports long-term project advancement despite ongoing cash burn.
High Gross MarginA ~71% gross margin indicates attractive project-level economics: if revenue scales, incremental sales can contribute materially to profits once fixed/exploration overheads are covered. This structural margin profile supports potential long-term profitability from discovered resources.
Rebound In Reported Revenue / GrowthThe rebound to reported revenue (~245k) and strong revenue growth suggests early commercial or project progress and increasing operational activity. Sustained top-line expansion would be a durable driver for scaling operations and converting exploration value into revenue streams.
Bears Say
Large Operating LossesSubstantial and persistent operating losses signal the business is not yet generating earnings to support investment. Over months this erodes retained capital, pressures cash reserves, and forces reliance on external funding or dilution unless operations materially improve or costs are reduced.
Negative Cash Generation / Cash BurnSustained negative operating and free cash flow (~-4.0m) is a durable constraint for an explorer: it limits ability to progress drilling or development without fresh capital. Continued cash burn increases financing need, heightening dilution risk and dependence on equity markets or JV partners.
No Value Creation / Negative ROEDespite an increase in equity, negative returns on equity across years show capital deployed has not generated shareholder value. This persistent execution gap raises questions about project conversion, resource economics, or capital allocation effectiveness over the medium term.
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$35.00M.
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 72 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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Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
52.95%
Trailing 12-Months
Company Description
Southern Gold Limited
Iondrive Limited is primarily engaged in advancing and commercializing battery technology, complemented by its activities in lithium exploration. The company also conducts prospecting for other key minerals such as gold, silver, copper, palladium, and rare earth elements. Originally known as Southern Gold Limited, the firm rebranded as Iondrive Limited in November 2023. Founded in 2004, its operations are based out of Adelaide, Australia.
Technical Analysis
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