Education
About Us
Working with TipRanks
Follow Us
Ion Energy Ltd (TSE:ION)
:ION
Top Page
Ion Energy Ltd
(OTC:ION)
30Underperform
Ion Energy Ltd (ION) vs. S&P 500 (SPY)
Market Cap
$2.94M
Dividend YieldN/A
Average Volume (3M)25.07K
Price to Earnings (P/E)―
Beta (1Y)0.72
Revenue GrowthN/A
EPS Growth55.32%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryMining
Share Statistics
EPS (TTM)-0.02
Shares Outstanding65,387,460
10 Day Avg. Volume19,960
30 Day Avg. Volume25,071
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)335.50
P/FCF Ratio0.00
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
Ion Energy Ltd Business Overview & Revenue Model
Company DescriptionIon Energy Ltd. explores for and develops lithium assets in Asia. Its flagship property is the Baavhai Uul lithium brine project that covers 81,758 hectares located in Mongolia. The company was incorporated in 2017 and is headquartered in Toronto, Canada.
How the Company Makes MoneyIon Energy Ltd makes money through the exploration and development of lithium mining projects. The company's primary revenue stream comes from the sale of lithium extracted from its mining operations to manufacturers and suppliers in the battery and technology industries. Additionally, Ion Energy may enter into strategic partnerships or joint ventures with other mining companies or technology firms to enhance its operational capabilities and market reach. These partnerships can provide additional revenue through shared resources, technology, or expertise. Market demand for lithium, driven by the growing electric vehicle market and renewable energy sector, is a significant factor contributing to the company's earnings.
Ion Energy Ltd Financial Statement Overview
Summary
Ion Energy Ltd is facing significant financial challenges with no revenue and consistent losses impacting its financial health. The balance sheet shows some stability due to zero debt, but declining equity and negative cash flows pose significant risks. Immediate strategic changes are necessary to improve revenue generation and operational efficiency to ensure sustainability.Income Statement
The company's income statement reflects significant challenges with no revenue generation and persistent net losses. Net profit margins are negative, indicating ongoing operational inefficiencies. The absence of revenue growth is a critical concern for long-term sustainability.10
Very Negative
Balance Sheet
The balance sheet shows a moderate position with no debt, which is a positive aspect. However, the company's equity has been declining, and the equity ratio is weakening, showing reduced financial stability over time.40
Negative
Cash Flow
Cash flow analysis reveals negative operating and free cash flows, highlighting liquidity challenges. The company struggles to cover its operational expenses through its cash flow, raising concerns about its ability to sustain operations without additional financing.20
Very Negative
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -756.00 | -704.00 | -845.00 | -845.00 | -422.00 | 0.00 | EBIT |
| -1.03M | -2.15M | -2.56M | -2.22M | -2.93M | -936.20K | EBITDA |
| -1.15M | -2.26M | -2.46M | -2.12M | -1.71M | -936.20K | Net Income Common Stockholders |
| -1.07M | -2.39M | -2.70M | -2.22M | -2.97M | -1.61M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 174.79K | 63.03K | 542.21K | 3.97M | 1.30M | 120.95K | Total Assets |
| 1.18M | 3.40M | 3.74M | 6.47M | 2.79M | 1.28M | Total Debt |
| 362.01K | 0.00 | 0.00 | 0.00 | 0.00 | 354.19K | Net Debt |
| 187.23K | -63.03K | -542.21K | -3.97M | -1.30M | 233.24K | Total Liabilities |
| 1.15M | 1.19M | 509.70K | 790.70K | 317.11K | 1.09M | Stockholders Equity |
| 30.73K | 2.20M | 3.23M | 5.68M | 2.47M | 193.59K |
| Cash Flow | Free Cash Flow | ||||
| -289.11K | -1.62M | -3.50M | -2.68M | -2.00M | -552.45K | Operating Cash Flow |
| -190.68K | -1.33M | -2.81M | -2.28M | -1.46M | -119.46K | Investing Cash Flow |
| -98.42K | -287.26K | -688.09K | -402.85K | 234.94K | -432.99K | Financing Cash Flow |
| -36.49K | 1.12M | 74.08K | 5.35M | 2.40M | 664.22K |
Ion Energy Ltd Technical Analysis
Positive
0.06
Price Trends
0.04
Positive
0.04
Positive
0.05
Positive
Market Momentum
<0.01
Negative
75.19
Negative
83.33
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ION, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.04, and above the 200-day MA of 0.05, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 75.19 is Negative, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ION.
Ion Energy Ltd Peers Comparison
Overall Rating
UnderperformOutperform
Sector (47)
Financial Indicators
Performance Comparison
TSE:ION
Ion Energy Ltd
0.06
-0.03
-31.25%
CRECF
Critical Elements
0.34
-0.14
-29.17%
SGML
Sigma Lithium
11.54
-1.42
-10.96%
TSE:LTH
Lithium Ionic Corp
1.01
0.30
42.25%
LAC
Lithium Americas Corp.
2.87
-3.85
-57.29%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.