ION Shares Iondrive Limited
ASX · ASXLast in our picks 2026-09-23 — not in the current list; analysis below is from that screen
Breakout momentum and critical minerals enthusiasm make it a strong speculative trade, though fundamentals remain early stage.
Future value: $0.38 (+171.43%) · 6-12 months
Signal breakdown
- ▸Among the strongest ASX momentum names, with sharp recent quarterly gains.
- ▸Above 50-day MA (+98.24%)
- ▸Above 200-day MA — long-term uptrend
- ▸Near 52-week high (86.1% of range) — strength
- ▸~171% upside to price target
Is ION a buy right now?
Trend: ION is trading below the 50-day average (-13.00%), RSI 28 — oversold territory, with a 3-month return of +112.20%.
Valuation & quality: Iondrive Limited trades on price-to-book 17.40; fundamentals show net margin -193.0%, return on equity -105.4%.
Our screen: STRONG BUY (score 4) — Breakout momentum and critical minerals enthusiasm make it a strong speculative trade, though fundamentals remain early stage.
Computed from end-of-day data; not personal advice.
Our track record with ION
Our simulated $10,000 funds have traded ION 1 time — 1 of 1 closed trade profitable.
| Fund | Bought | Sold | Return |
|---|---|---|---|
| ASX High-risk | 2026-08-22 @ $0.06 | 2026-08-27 @ $0.07 · AI review sell | +16.67% |
Paper trades from our simulated funds at real end-of-day prices; past results don't predict future returns.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -33.30% | +0.00% | +0.00% | +50.00% | +66.70% | +40.00% | +71.40% | -25.00% |
Fundamentals
Technical signals
About Iondrive Limited
Iondrive Limited operates as a critical-minerals processing technology company in Australia.
Sector: Basic Materials · Industry: Gold · Australia · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.