Southern Gold Limited (AU:ION)
ASX:ION
Want to see AU:ION full AI Analyst Report?
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$23.33M
Enterprise ValueAU$20.05M
Total Cash (Recent Filing)AU$5.87M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta2.01
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 / Clean Balance SheetZero reported debt and a meaningful equity increase provide durable financial flexibility for an exploration company. Lower leverage reduces insolvency risk, supports partner negotiations and farm-outs, and extends runway versus peers reliant on high borrowing.
Revenue Rebound / Improving Top-line TrendA material recovery in revenue and strong percentage growth signal early-stage commercialisation or asset realisation potential. For an explorer, sustained revenue inflows can attract JV partners, reduce reliance on equity raises and validate project advancement.
Exploration Monetisation Model And OptionalitySouthern Gold’s business model—focused on asset advancement, JV/farm-out and staged sales—provides structural optionality. This model lets the company de-risk projects via partner funding and capture value without immediately funding full development costs.
Bears Say
Persistent Cash BurnSustained negative operating and free cash flow imply the company must raise capital or secure partner funding to sustain exploration. Recurring cash burn increases dilution risk, pressures project timelines and limits autonomous funding of value-accretive work over the next several quarters.
Deep Operating LossesLarge operating losses relative to modest revenues indicate the business remains in an investment phase with no near-term earnings conversion. Persistent negative EBITDA/EBIT constrains internal reinvestment, reduces ability to prove project economics, and keeps valuation dependent on exploration outcomes.
Negative Returns On Equity / Weak Value CreationNegative ROE across consecutive years signals the company isn’t converting capital into positive returns. For investors and potential JV partners, consistent negative returns complicate fundraising and suggest capital allocation or project progression is not yet creating value.
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$23.33M.
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 111 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
1
2
3
4
5
6
7
8
9
10
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 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
Metalicity Limited
―
Jindalee Resources Limited
―
BBX Minerals Limited
―
True North Copper
―
Battery Minerals Ltd.
―
Options Prices
Currently, No data available
---