Southern Gold Limited (ION) Price & Analysis

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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$29.81M

Enterprise ValueAU$25.24M

Total Cash (Recent Filing)AU$5.87M

Total Debt (Recent Filing)AU$0.00

Price to Earnings (P/E)―

Beta2.27

Next Earnings

Sep 30, 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)-0.41

Revenue Forecast (FY)AU$3.70M

Bulls Say, Bears Say

Bulls Say

Low LeverageZero reported debt materially lowers refinancing and interest burdens, giving Southern Gold durable financial flexibility to fund exploration and maintain tenements without large fixed obligations. Low leverage reduces insolvency risk and strengthens negotiating position for JVs or financings over the next months.

Improved Equity BaseA meaningful rise in equity provides a buffer for exploration write-downs and funds ongoing programs, reducing immediate pressure for dilutive capital. The stronger asset/equity base also enhances credibility with partners and underpins mid-term project advancement and transaction optionality.

High Gross Margin & Revenue ReboundAlthough revenues are small, a reported ~71% gross margin signals that any future commercial production or transactional revenues could have attractive direct economics. Structurally strong gross margins support the case that discovered resources could scale profitably if overheads and exploration costs are controlled.

Bears Say

Negative Cash Flow / Cash BurnPersistent negative operating and free cash flow forces reliance on external funding and increases dilution or debt risk. Over a multi-month horizon this constrains continuous drilling, slows resource definition, and can push management to prioritize financing outcomes over optimal technical exploration sequencing.

Ongoing Losses / Negative ReturnsMaterial operating losses and negative returns on equity limit the company's capacity to self-fund development and erode shareholder value. Without profitable operations, Southern Gold must rely on capital markets or partners, which can delay project progression and increase the chance of value-destructive financing over months.

Explorer Model & Binary Asset RiskThe exploration-led business model is inherently binary and capital intensive: value realization depends on successful discoveries, JV formation, or asset sales. Structurally this creates long timelines and a high probability of null outcomes, making durable fundamental improvement dependent on discovery success.

Southern Gold Limited News

IONDRIVE Releases Half-Year Consolidated Financial Report for 31 December 2025

Southern Gold Limited ( ($AU:ION) ) has issued an announcement. IONDRIVE Limited has released its consolidated financial report...

16d ago

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...

1M 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...

1M 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...

1M 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...

1M 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...

1M 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...

1M 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...

1M 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...

1M 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...

1M 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$29.81M.

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 202 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. 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 -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

Blogger Sentiment

Bullish

AU:ION Sentiment 100%
Sector Average 65%

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.