Iondrive Ltd

ION.AU

$0.01

Closing

0.00

1D

▼-16.67%

YTD

Market cap

$3.14M

52 week high

$0.02

52 week low

$0.01

Volume

40,000

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Market cap

$3.14M

Analysts' Rating

-

Price Target (Mean)

-

Total Analysts

0

P/E

Operating Margin

-23773.20%

Beta

0.65

Revenue Growth (Annual)

548.45%

52 week high

$0.02

52 week low

$0.01

Div. Yield

%

EPS Annual Growth

0.00

Note on Purification and Zakat

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Iondrive Limited, formerly Southern Gold Limited, is a mineral exploration and battery technology commercialization company. Its mineral exploration business includes 100% interest in a substantial portfolio of rare-earth elements (REE), lithium (Li) and precious metals exploration projects in South Korea. Its commercialization business holds three worldwide licenses comprising the next generation battery technologies comprising an enhanced performance non-flammable lithium-ion based battery; a low-cost, environmentally sustainable method for recycling lithium batteries, and a low-cost, high cycle life water-based battery. Its projects include the Deokon Gold-Silver Project, the Haenam Basin-Gasado North Project, Gyeongsang Basin-Gampo Project, Dokcheon, Gyeongsang Basin-Geoje Island Angsan Project, Goseong, Samguen Li Project, Seobyeok Li Project, Chungju REE Project and Jangnam REE Project. The Deokon project lies within an extensional northeast-southwest trending pull-apart basin.