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Southern Gold Limited (AU:ION)
ASX:ION
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Southern Gold Limited (ION) Price & Analysis

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ION Stock Chart & Stats

AU$0.06
>-AU$0.01(-2.50%)
At close: 4:00 PM EDT
AU$0.06
>-AU$0.01(-2.50%)

Bulls Say, Bears Say

Bulls Say
Low LeverageEffectively no debt reduces financial risk and avoids the interest burden associated with leveraged operations. This gives Southern Gold greater flexibility to preserve capital, pursue exploration priorities, or seek funding without the added pressure of debt servicing during periods of weak results.
Exploration PortfolioAn exploration-focused model provides exposure to potential mineral discoveries through geological mapping, sampling and drilling programs. Advancing prospects toward resource definition, development or transactions creates several possible long-term outcomes beyond recurring operating revenue alone.
Improving Free Cash FlowThe year-on-year improvement in free cash flow indicates some progress in controlling the rate of cash deterioration, even though operations are not yet self-funding. If sustained, this direction could extend the company’s funding runway and support more disciplined exploration investment.
Bears Say
Persistent UnprofitabilityLarge recurring losses and deeply negative operating earnings show that the current business has not established a profitable financial base. Continued losses can consume equity, constrain exploration spending, and increase dependence on external funding to maintain or advance projects.
Minimal Revenue BaseA minimal and volatile revenue stream provides little recurring support for exploration and corporate costs. The drop to zero in 2026 highlights the absence of dependable operating income, making financial performance highly sensitive to project outcomes, transactions, or new capital.
Ongoing Cash BurnPersistent negative operating and free cash flow means the company is not currently funding its activities from operations. Reliance on financing or other sources of capital can dilute existing holders, limit program continuity, and reduce flexibility if funding conditions become less favorable.

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$0.16 in the past 12 months.
    What is Southern Gold Limited’s market cap?
    Southern Gold Limited’s market cap is AU$123.40M.
      When is Southern Gold Limited’s upcoming earnings report date?
      Southern Gold Limited’s upcoming earnings report date is Mar 11, 2027 which is in 142 days.
        How were Southern Gold Limited’s earnings last quarter?
        Southern Gold Limited released its earnings results on Aug 30, 2026. The company reported -AU$0.003 earnings per share for the quarter.
          Is Southern Gold Limited overvalued?
          According to Wall Street analysts Southern Gold Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            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 1,326,867,700 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. 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

                  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.

                  Southern Gold Limited (ION) Earnings & Revenues

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