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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$37.59M
Enterprise ValueAU$25.24M
Total Cash (Recent Filing)AU$8.42M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta2.48
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)-0.55
Revenue Forecast (FY)AU$7.30M
Bulls Say, Bears Say
Bulls Say
Low Leverage And Stronger EquityZero reported debt and a meaningful equity increase materially reduce refinancing and solvency risk. Over the next 2–6 months this balance-sheet flexibility supports continued exploration spending, gives management optionality for funding project advancement, and lowers downside in stressed markets.
Return Of Revenue In FY2025The resumption of revenue provides an early operational validation that the company can commercialize some activity. While currently small, recurring receipts reduce pure exploration risk and create a foundation to scale operations and de-risk project economics over a multi-month horizon if revenues continue to grow.
High Reported Gross MarginA ~71% gross margin signals attractive unit economics on reported sales. Structurally, strong margins mean incremental production could convert to meaningful gross profit once fixed costs are absorbed, improving the path to sustainable profitability as operations scale over the medium term.
Bears Say
Negative Operating And Free Cash FlowPersistent cash burn near -4.0m constrains the company’s ability to self-fund exploration and development. Over 2–6 months this raises the probability of external capital raises, increases dilution risk, and may force spending cuts that slow project advancement and value realization.
Material Operating LossesLarge negative EBITDA/EBIT and net loss indicate the business remains in an investment-loss phase, limiting near-term ability to fund growth internally. Continued operating losses pressure reserves and necessitate external financing or strategic shifts, delaying sustainable profitability and increasing execution risk.
Negative Returns On EquityConsecutive negative ROE demonstrates the company has not converted shareholder capital into positive returns. This persistent underperformance can deter long-term investors, complicate capital raising on favorable terms, and force management to prioritize value-restoring actions over aggressive expansion.
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$37.59M.
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 70 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
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10
Blogger Sentiment
Bullish
AU:ION Sentiment 100%
Sector Average 71%
Sector Average 71%
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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