Sipa Resources (ASX:SRI) - Stock Price, News & Analysis

SRI Stock Overview

Operates as a mineral exploration company in Australia. More details

SRI fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Earnings have grown 6.9% per year over the past 5 years

Risk Analysis

Does not have a meaningful market cap (A$3M)

Makes less than USD$1m in revenue (A$203K)

Sipa Resources Limited Competitors

Orange Minerals

ASX:OMX

AU$3.2m

Bastion Minerals

ASX:BMO

AU$5.1m

Cullen Resources

ASX:CUL

AU$2.8m

Heavy Rare Earths

ASX:HRE

AU$2.0m

Price History & Performance

Summary of all time highs, changes and price drops for Sipa Resources
Historical stock prices
Current Share Price	AU$0.014
52 Week High	AU$0.036
52 Week Low	AU$0.013
Beta	1.04
11 Month Change	-12.50%
3 Month Change	-6.67%
1 Year Change	-44.00%
33 Year Change	-73.58%
5 Year Change	-82.72%
Change since IPO	-99.58%

Recent updates

Shareholder Returns

	SRI	AU Metals and Mining	AU Market
7D	7.7%	-0.9%	1.5%
1Y	-44.0%	-12.8%	17.2%

Return vs Industry: SRI underperformed the Australian Metals and Mining industry which returned -12.8% over the past year.

Return vs Market: SRI underperformed the Australian Market which returned 17.2% over the past year.

Price Volatility

Is SRI's price volatile compared to industry and market?
SRI volatility
SRI Average Weekly Movement	11.2%
Metals and Mining Industry Average Movement	10.9%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: SRI has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: SRI's weekly volatility (11%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1990	n/a	Andrew Muir	www.sipa.com.au

Sipa Resources Limited operates as a mineral exploration company in Australia. The company primarily explores for nickel, copper, gold, silver, zinc, lead, and other mineral deposits. Sipa Resources Limited was incorporated in 1990 and is based in Subiaco, Australia.

Sipa Resources Limited Fundamentals Summary

How do Sipa Resources's earnings and revenue compare to its market cap?
SRI fundamental statistics
Market cap	AU$3.19m
Earnings (TTM)	-AU$100.94k
Revenue (TTM)	AU$202.63k

15.8x

P/S Ratio

-31.6x

P/E Ratio

Is SRI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SRI income statement (TTM)
Revenue	AU$202.63k
Cost of Revenue	AU$0
Gross Profit	AU$202.63k
Other Expenses	AU$303.57k
Earnings	-AU$100.94k

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.00044
Gross Margin	100.00%
Net Profit Margin	-49.82%
Debt/Equity Ratio	0%

How did SRI perform over the long term?

See historical performance and comparison

SRI Stock Overview

Rewards

Risk Analysis

Sipa Resources Limited Competitors

ASX:OMX

AU$3.2m

ASX:BMO

AU$5.1m

ASX:CUL

AU$2.8m

ASX:HRE

AU$2.0m

Price History & Performance

Recent News & Updates

Sipa Resources Limited, Annual General Meeting, Nov 21, 2024

Sipa Resources Limited, Annual General Meeting, Nov 21, 2024

New major risk - Share price stability

Sipa Resources Limited Announces Managing Director Changes, Effective 12 October 2023

New major risk - Financial position

Sipa Resources Limited, Annual General Meeting, Nov 15, 2023

Recent updates

Sipa Resources Limited, Annual General Meeting, Nov 21, 2024

Sipa Resources Limited, Annual General Meeting, Nov 21, 2024

New major risk - Share price stability

Sipa Resources Limited Announces Managing Director Changes, Effective 12 October 2023

New major risk - Financial position

Sipa Resources Limited, Annual General Meeting, Nov 15, 2023

New major risk - Share price stability

Sipa Resources Limited Advises Further Review Confirms the Nickel Potential At Its Skeleton Rocks Project

Sipa Resources Limited Announces Company Secretary Changes

Sipa Resources Limited Receives Assay Results from the Three Diamond Drill Holes Completed as Part of the Exploration Program At the Barbwire Terrace Project Located South-East of Broome in Western Australia

Sipa Resources Limited Advises Assay Results Have Been Received from Its Recent Aircore (Ac) Drill Program At Its 100%-Owned Warralong Project

Sipa Resources Limited Receives Assay Results from its Recent Aircore Drill Program at its 100%-Owned Warralong Project

Sipa Resources Limited Receives from Its Follow-Up Drill Program At Its 100%-Owned Skeleton Rocks Project

Sipa Resources Limited Announces Drilling Underway At Warralong

Sipa Resources Limited Provides an Update on Exploration Activities at the Paterson North Project

Sipa Resources Limited Provides A Progress Update on Its Exploration Program At the Barbwire Terrace Project

Sipa Resources Limited Announces Lithium Drilling Underway At Skeleton Rocks

Sipa Resources Limited, Annual General Meeting, Nov 16, 2022

Sipa Resources Limited Announces Drilling to Commence At Skeleton Rocks Lithium Targets

Sipa Resources Limited Announces Gold Drill Targets Defined At Warralong

Sipa Resources Limited Announces Gold Drill Targets Defined At Warralong

Sipa Resources Limited Announces Initial Diamond Drilling Demonstrates Strong `Proof of Concept' At Barbwire Terrace

Sipa Resources Limited Provides Exploration Programs Update

Battmin Pty Ltd. and Sipa Resources Limited Commence Drilling Program in Western Australia

Sipa Resources Limited Appoints Rick Yeates to Board as Non-Executive Director, Effective August 1, 2022

Sipa Resources Limited Identified New Lithium Targets for Follow Up Drilling At Skeleton Rocks

Sipa Resources Limited Announces Drill Program Commences At Paterson North

Sipa Resources Limited Provides an Update on Exploration Activities At Its Western Australian Projects

Sipa Resources Limited Provides an Update on Exploration Activities At Its Western Australian Projects

Sipa Resources Limited Provides Update on Activities At Its Paterson North Project

Sipa Resources Limited Announces New Gold Targets At Murchison

Sipa Resources Limited Receives Assay Results from a Broad Spaced (400M X 400M) Soil, Rock Chip and Lag Sampling Program at Warralong Project in the Pilbara Region of Western Australia

Sipa Resources Limited Completes Its First Aircore Drill Program At Its 100% Owned Skeleton Rocks Project, Located in the Western Australian Goldfields Region

Sipa Resources Limited Announces Tim Kennedy Steps Down as Non-Executive Director, Effective February 28, 2022

Sipa Resources Limited Receives Positive Results from A Recent Auger Soil Sampling Program At Its 100% Owned Skeleton Rocks Project in the Western Australian Goldfields

Sipa Resources Limited Announces Warralong Exploration Update

Sipa Resources Limited announced that it expects to receive AUD 1.4986 million in funding

Sipa Resources Limited Provides Exploration Activity Update

Sipa Resources Limited (ASX:SRI) completed the acquisition of Garden Gully Project.

Sipa Resources Limited Announces Remaining Assay Results Received from Murchison Program

Sipa Resources Limited Announces First Assay Results from Murchison

First half 2021 earnings released: AU$0.009 loss per share (vs AU$0.011 loss in 1H 2020)

Sipa Resources Limited Announces Drilling to Commence At Murchison Gold Project

Sipa Resources Limited (ASX:SRI) agreed to acquire Garden Gully Project in the Murchison region from Miramar Resources Limited (ASX:M2R).

Chief Financial Officer has left the company

Sipa Resources Limited Announces Executive Changes

Sipa Resources Limited Receives Final Assay Results from the Recent RC Drill Program At Its 100% Owned Wolfe Basin Project

Sipa Resources Limited Announces Warralong Gold Project Drill Targeting

Sipa Resources Limited Announces Resignation of Tara Robson as Chief Financial Officer

Sipa Resources Limited Provides Update on Its Ongoing Exploration Activities Across A Number of Its Projects Located in Western Australia

Sipa Resources Limited announced that it has received AUD 0.318966 million in funding from Rio Tinto Exploration Pty Limited

Sipa Resources Limited Auditor Raises 'Going Concern' Doubt

Sipa Resources Limited announced that it has received AUD 2.33 million in funding

Sipa Resources Limited announced that it expects to receive AUD 0.25 million in funding from Rio Tinto Exploration Pty Limited

Sipa Resources Limited (ASX:SRI) acquired Skeleton Rocks Project.

Shareholder Returns

Price Volatility

About the Company

Sipa Resources Limited Fundamentals Summary