Southern Gold Limited (ION) Price & Analysis

Compare

7 Followers

ION Stock Chart & Stats

AU$0.04

AU$0.00(0.00%)

At close: Jan 08 4:00 PM EST

AU$0.04

AU$0.00(0.00%)

Day’s Range― - ―

52-Week RangeAU$0.01 - AU$0.07

Previous CloseN/A

Volume3.95M

Average Volume (3M)3.90M

Market Cap

AU$42.77M

Enterprise ValueAU$36.90M

Total Cash (Recent Filing)AU$5.87M

Total Debt (Recent Filing)AU$0.00

Price to Earnings (P/E)―

Beta2.08

Next Earnings

Mar 18, 2026

EPS 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)N/A

Revenue Forecast (FY)N/A

Bulls Say, Bears Say

Bulls Say

Low Leverage / Clean Balance SheetZero reported debt in FY2025 and minimal prior leverage materially reduce financial risk and interest burden. This durability gives management flexibility to fund exploration, negotiate JVs or asset sales without debt covenants, and lowers the chance of forced asset disposals under stress.

Stronger Equity Base Supporting AssetsA meaningful rise in equity increases the company's financial buffer and supports the carrying value of exploration assets (~9.0m). This strengthens the balance sheet credibility with partners and financiers, improving the firm's ability to fund programs or structure JVs without immediate dilutive capital raises.

Revenue Returned And High Gross MarginThe reappearance of revenue in FY2025 and a high gross margin (~71%) indicate potential for commercial receipts or milestone payments and efficient direct project economics. If revenue scales, these margins could underpin sustainable project-level profitability provided overheads are controlled.

Bears Say

Persistent Losses And Negative ProfitabilityDeeply negative EBITDA, EBIT and net income over FY2025 indicate the company is still in a loss-making investment phase. Persistent losses erode equity over time, limit self-funding capacity, and weaken negotiating leverage for JVs or asset disposals unless operating performance improves.

Negative Operating And Free Cash Flow (cash Burn)Sustained negative operating and free cash flow (~-4.0m) reflects an explorer cash burn profile that shortens runway. Continued deficits force external funding, increasing dilution or deal risk, and can delay exploration programs or monetization timelines if fresh capital is constrained.

Explorer Model With No Producing RevenueThe company's model is exploration-led with no producing assets or recurring mining revenue. This creates a binary, capital-intensive path to value: success depends on discoveries, JV terms or asset sales, making cash needs structural and long-term returns uncertain until a major transaction or development occurs.

Southern Gold Limited News

Iondrive Issues 14.5 Million New Shares Under Section 708A

The latest announcement is out from Southern Gold Limited ( ($AU:ION) ). Iondrive Limited has issued 14.5 million...

11d ago

IONDRIVE Seeks ASX Quotation for 14.5 Million New Shares

An update from Southern Gold Limited ( ($AU:ION) ) is now available. IONDRIVE Limited has applied to the...

11d ago

Iondrive Issues New Shares Under Section 708A to Support Critical Minerals Platform

The latest update is out from Southern Gold Limited ( ($AU:ION) ). Iondrive Limited has issued a total...

11d ago

Southern Gold Director Increases Equity Exposure in IONDRIVE via Options and Share Placement

Southern Gold Limited ( ($AU:ION) ) has shared an announcement. Southern Gold Limited has disclosed a change in...

11d ago

IONDRIVE Director Increases Equity Stake Through Placement and Incentive Options

An update from Southern Gold Limited ( ($AU:ION) ) is now available. IONDRIVE Limited has reported a change...

11d ago

IONDRIVE Director Increases Stake Through Options Grant and Share Placement

Southern Gold Limited ( ($AU:ION) ) has issued an update. IONDRIVE Limited has reported a change in director...

11d ago

IONDRIVE Director McNeilly Increases Stake Through Options and Share Placement

An announcement from Southern Gold Limited ( ($AU:ION) ) is now available. IONDRIVE Limited has updated the market...

11d ago

IONDRIVE Seeks ASX Quotation for Over 2 Million New Shares

Southern Gold Limited ( ($AU:ION) ) has provided an update. IONDRIVE Limited has lodged an application with the...

11d ago

IONDRIVE Issues 26 Million Unquoted Options Expiring 2030

Southern Gold Limited ( ($AU:ION) ) has shared an update. IONDRIVE Limited has notified the ASX of the...

11d ago

IONDRIVE Discloses Final Director Interest Details as Jack Hamilton Steps Down

Southern Gold Limited ( ($AU:ION) ) has provided an update. IONDRIVE Limited has announced that director John (Jack)...

12d ago

ION FAQ

What was Southern Gold Limited’s price range in the past 12 months?

Southern Gold Limited lowest share price was AU$0.01 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$42.77M.

When is Southern Gold Limited’s upcoming earnings report date?

Southern Gold Limited’s upcoming earnings report date is Mar 18, 2026 which is in 29 days.

How were Southern Gold Limited’s earnings last quarter?

Southern Gold Limited released its earnings results on Aug 26, 2025. 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. 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 1,296,144,400 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 -4.082%.

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

Neutral

Blogger Sentiment

Bullish

AU:ION Sentiment 100%
Sector Average ―

Insider Transactions

Bought Shares

Worth AU$70.0K over
the Last 3 Months

Fundamentals

Return on Equity

-81.94%

Trailing 12-Months

Asset Growth

61.34%

Trailing 12-Months

Top Smart Score Stocks >

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.