Metrics to compare | ION | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipIONPeersSector | |
|---|---|---|---|---|
P/E Ratio | −20.0x | −4.2x | 4.1x | |
PEG Ratio | 1.41 | −0.11 | 0.00 | |
Price/Book | 23.2x | 1.4x | 1.6x | |
Price / LTM Sales | - | 47.2x | 1.3x | |
Upside (Analyst Target) | - | 50.8% | 42.2% | |
Fair Value Upside | Unlock | 9.2% | 3.5% | Unlock |
Iondrive Limited operates as a critical-minerals processing technology company in Australia. The company offers IONSolv, a metal extraction platform technology for the recovery of critical minerals, such as light and heavy rare earth elements, neodymium, praseodymium, and dysprosium from recycled magnets, e-waste, solar cells, and lithium-ion batteries. Its technology is used for e-waste and magnet recovery, battery recycling, solar module recovery, and mining intermediates and tailings applications. 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.