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ION Stock Chart & Stats
AU$0.04
>-AU$0.01(-2.50%)
At close: 4:00 PM EDT
AU$0.04
>-AU$0.01(-2.50%)
Day’s Range― - ―
52-Week RangeAU$0.02 - AU$0.07
Previous CloseN/A
Volume3.29M
Average Volume (3M)3.90M
Market Cap
AU$77.78M
Enterprise ValueAU$25.24M
Total Cash (Recent Filing)AU$8.42M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta2.67
Next Earnings
Sep 30, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,296,367,700
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
Very Low Leverage / Clean Balance SheetZero reported debt and a material equity increase provide durable financial flexibility for an explorer. Low leverage reduces insolvency risk during multi-year exploration cycles, allowing the company to fund drilling and optioning without immediate refinancing pressure.
High Gross Margin On Reported ActivityA high gross margin on existent revenue suggests the core operations can be profitable at scale. If exploration converts to consistent production or higher contracted sales, the structural margin profile supports unit economics once fixed and overhead costs are amortized.
Focused Exploration Business Model With Asset BaseA clear, focused exploration strategy centers capital allocation and operational expertise on gold prospects. Combined with tangible assets (~9.0m) and increased equity, this specialization increases the probability that successful discoveries will convert into lasting value.
Bears Say
Persistent Cash BurnSustained negative operating and free cash flow indicate ongoing cash consumption typical of explorers. Over a multi-quarter horizon this pressures treasury, forces dilutive capital raises or asset sales, and limits the ability to scale programs without external funding.
Deep, Recurring LossesLarge negative EBITDA and net losses show the business is not generating operating profits and may take multiple exploration cycles to reach breakeven. Persistent losses depress returns on capital and raise the likelihood of equity dilution to finance ongoing operations.
Revenue Scale Insufficient Vs Cost BaseVery small reported revenue relative to high fixed and exploration costs means current top-line cannot absorb operating overhead. This structural mismatch makes near-term margin improvement reliant on materially higher revenues or a durable reduction in cost base.
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$77.78M.
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 49 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 1,296,367,700 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, 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
Neutral
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Blogger Sentiment
Bullish
AU:ION Sentiment 100%
Sector Average 67%
Sector Average 67%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
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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