Intelligent Investor

Iondrive Limited (ASX: ION) - Share Price and Research

- Current share price for ION : $0.009

Iondrive Limited (ION, formerly Southern Gold Limited), an ASX-listed company, is a successful gold explorer listed on the Australian Securities Exchange (under ASX ticker “ION"). Iondrive owns 100% of a substantial portfolio of high-grade gold projects in South Korea that are largely greenfield epithermal gold-silver targets in the country's southwest. Backed by a first-class technical team, Southern Gold aims to find world-class epithermal gold-silver deposits in a jurisdiction with minimal modern exploration.

ION General Information +

ASX Code ION
Website http://www.Iondrive.com.au
Industry/Sector Gold
Market Cap ($M) 4
ION Share Price $0.009
Day High $0.000
Day Low $0.000
Last Close $0.009
ION Share Price Movement - ( No change )
Prices as at 16:40, 23 Apr 2024
+Security prices are delayed by at least 20 minutes and are indicative only.
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ION Related Research

Iondrive Limited (ION) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield
Result 0% 3 Jul 2017 30 Aug 2017 $0.009 $0.010 -
Final 100% 20 Sep 2004 12 Oct 2004 $0.009 $0.010 -
Interim 100% 5 Mar 2004 26 Mar 2004 $0.009 $0.010 -

See all dividends from Iondrive Limited (ION) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Iondrive Limited (ION) Recent ASX Announcements

Headline Annoucement date/time+ Price at announcement+ Current price+ Price 7D Avg Gain/Loss
Proposed issue of securities - ION 17 Apr 2024 8:26AM $0.010 $0.009 $0.010 fallen by 10%
Notification regarding unquoted securities - ION 15 Apr 2024 10:02AM $0.010 $0.009 $0.010 fallen by 10%
Iondrive Advances Battery Recycling Technology 25 Mar 2024 9:37AM $0.009 $0.009 $0.010 fallen by 0%
  • + Company announcements and prices are delayed by at least 20 minutes. Prices are indicative only.

See all ASX announcements from Iondrive Limited (ION) or use our ASX Announcements tool to search for announcements across all ASX-listed securities.

ION Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2023A -$4.55 -$1.70 -32.00% 0.00 0.00 0.00% 0.0%
2022A -$5.46 -$2.60 -34.50% 0.00 0.00 0.00% 0.0%
2021A -$7.40 -$3.90 -11.70% 0.00 0.00 0.00% 0.0%

ION Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2021 A 2022 A 2023 A 2021 A 2022 A 2023 A 2021 A 2022 A 2023 A
Evolution Mining (EVN) $8,083M -0.6223 1.7688 0.5010 44.3839 16.0299 10.6796 0.98% 1.61% 2.63%
Iondrive (ION) $4M -0.3203 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Newmont (NEM) $9,956M -0.1905 2,394.6471 0.2113 35,347.0588 14.7547 12.1810 0.00% 0.00% 0.00%
Northern Star Resources (NST) $17,817M 2.7013 0.0730 0.7110 30.8151 28.7197 16.7858 1.71% 2.23% 2.80%
Perseus (PRU) $3,160M 0.7108 -0.1215 -0.0527 7.2946 8.3032 8.7652 1.54% 0.00% 0.00%

ION Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 3.00 0.00 0.50 0.00
Market 0.54 15.10 1.10 1.02
Sector 1.56 15.40 1.02 0.32

ION Directors

Name Position Start Date
Mr Bong (Bee) Jooy(Jay) Kim Executive Director 1 Sep 2019
Mr Gregory (Greg) Colin Boulton Non-Executive Chairman, Non-Executive Director 20 Feb 2008
Dr John (Jack) Andrew Hamilton Non-Executive Director 9 Nov 2023
Mr David Michael McNeilly Non-Executive Director 5 Jun 2020
Mr John Rock Non-Executive Director 24 Jul 2023
Mr Adam Slater Non-Executive Director 4 Dec 2023

Iondrive Limited (ION) Changes in Directors' Interest & Trades

Date of change Director Buy/Sell Security Type Qty Trade Price Value
20 Jan 2023 SMILLIE, Robert Issued Direct Shares 1,000,000 $0.023 $23,000.000
20 Jan 2023 KIM, Bong (Bee) Issued Direct Shares 500,000 $0.023 $11,500.000
20 Jan 2023 KIRWIN, Douglas Issued Indirect Shares 3,000,000 $0.023 $69,000.000

See all changes in directors' interest & trades for Iondrive Limited (ION) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

ION Management

Name Position
Ebbe Dommisse Chief Executive Officer
Sarah Brown Company Secretary

ION Substantial Shareholders

Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in Iondrive Limited (ION). However, you won't necessarily see their names in the company’s annual report, as many trade under nominee names. These shareholders are obliged to provide ongoing substantial notices relating to any change of 1% or more.

Holding Name
81,402,696 (16.74%) Strata Investments Holdings
72,978,070 (15.01%) Ilwella Pty Ltd

ION Calendar of Events

Date Event
28 January 2025 Report (Quarterly)
29 October 2024 Report (Quarterly)
26 September 2024 Report (Annual)
26 July 2024 Report (Quarterly)

FAQs about Iondrive Limited (ION)

Iondrive Limited's (ION) current share price is $0.01. This constitutes a price movement of 10% when compared to the share price 7 days ago and is -35.71% below ION's 12-month high of $0.01 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $0.01, Iondrive Limited's (ION) current share price of $0.01 constitutes a movement of or 0%. Iondrive Limited's (ION) share price movement is -10% when compared to 7 days ago and is -35.71% below ION's 52-week high of $0.01.

Iondrive Limited's (ION) 52-week high is $0.01 which was reached on 15 Nov 2023. Relative to this, ION's current share price of $0.01 constitutes a -$0.01 or -35.71% drop since that high of $0.01 per ION share.

Iondrive Limited's (ION) 52-week low is $0.01 which was reached on 20 Mar 2024. Relative to this, ION's current share price of $0.01 constitutes a $0.00 or 12.50% gain since that low of $0.01 per ION share.

Over the last 12 months, Iondrive Limited (ION) has a daily average trading volume of 334,603 ION shares per day.

Iondrive Limited (ION) has a current dividend yield of n/a this year. Last year's dividend yield was 0%. The dividend yield for ION is a ratio that tells you the percentage of Iondrive Limited's (ION) share price that it pays out in dividends each year.

Iondrive Limited (ION) last dividend payment was $0.03 per share and was paid on 30 Aug 2017. This last ION dividend included 0% franking.

Iondrive Limited (ION) will release its next Annual Report on 26 September 2024. Iondrive Limited's (ION) last annual report was released on n/a.

Iondrive Limited (ION) is classified as Materials. Other companies in this sector include BHP Group Limited (BHP), Fortescue Ltd (FMG), Newmont Corporation (NEM), and Rio Tinto Limited (RIO).

The price-to-earnings (P/E) ratio for Iondrive Limited (ION) is 0. The price-to-earnings ratio, also known as P/E ratio, P/E, or PER, is the ratio of Iondrive Limited's (ION) share price to its earnings per ION share.

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