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How to buy Sipa Resources shares | A$0.078

Own Sipa Resources shares in just a few minutes.

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Sipa Resources Limited is a gold business based in Australia. Sipa Resources shares (SRI) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.078 – an increase of 1.3% over the previous week. Sipa Resources has a trailing 12-month revenue of around $456,018.

How to buy shares in Sipa Resources

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Sipa Resources . Find the share by name or ticker symbol: SRI. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Sipa Resources reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price of $0.078, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Sipa Resources . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How has coronavirus impacted Sipa Resources 's share price?

Since the stock market crash in March caused by coronavirus, Sipa Resources 's share price has had significant positive movement.

Its last market close was $0.078, which is 23.08% up on its pre-crash value of $0.06 and 178.57% up on the lowest point reached during the March crash when the shares fell as low as $0.028.

If you had bought $1,000 worth of Sipa Resources shares at the start of February 2020, those shares would have been worth $468.75 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,218.75.

Sipa Resources share price

Use our graph to track the performance of SRI stocks over time.

Sipa Resources shares at a glance

Information last updated 2020-10-20.
Latest market closeAUDA$0.078
52-week rangeAUDA$0.027 - AUDA$0.097
50-day moving average AUDA$0.0797
200-day moving average AUDA$0.067
Target priceN/A
PE ratio 32.0833
Dividend yield N/A (0%)
Earnings per share (TTM) AUDA$0.002

Share Trading Account Offer

IG Share Trading Offer

AUD 8

Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

  • Brokerage - AU shares: From AUD 5 or 0.05%
  • Brokerage - US shares: USD 0
  • Sign-up process: Instant
  • Support - After hours: Yes
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Important: Share trading carries risk of capital loss.

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
Brokerage discount: $5 on Australian shares for active traders & $0 commission on US and global shares
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
Superhero share trading
AUD 5
No
ASX shares
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
CMC Markets Stockbroking
AUD 11 or 0.1%
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
Saxo Capital Markets (Classic account)
AUD 6.99 for issuer sponsored or AUD 14.90 CHESS
AUD 0
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading
High quality, low-cost brokerage on global share trading.
Access up to 19,000 global stocks on 36 of the world’s major stock exchanges and enjoy some of the most competitive FX rates on the the market when you trade with Saxo Capital Markets.
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Margin trading, Options trading
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
Westpac Online Investing Account
AUD 19.95 or 0.11%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares
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Is it a good time to buy Sipa Resources stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Sipa Resources price performance over time

Historical closes compared with the close of A$0.078 on 2020-10-20

1 week (2020-10-14) 1.30%
1 month (2020-09-21) 4.00%
3 months (2020-07-21) 0%
6 months (2020-04-21) 62.50%
1 year (2019-10-21) -17.89%
2 years (2018-10-19) -18.75%
3 years (2017-10-20) -45.83%
5 years (2015-10-21) -82.89%

Is Sipa Resources under- or over-valued?

Valuing Sipa Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Sipa Resources 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Sipa Resources 's P/E ratio

Sipa Resources 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 32x. In other words, Sipa Resources shares trade at around 32x recent earnings.

That's comparable to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14).

Sipa Resources financials

Revenue TTM $456,018
Gross profit TTM $456,018
Return on assets TTM -28.02%
Return on equity TTM 8.31%
Profit margin 73.76%
Book value 0.03
Market capitalisation $11.1 million

TTM: trailing 12 months

Sipa Resources share dividends

We're not expecting Sipa Resources to pay a dividend over the next 12 months.

Have Sipa Resources 's shares ever split?

Sipa Resources 's shares were split on a 1:12 basis on 24 July 2019. So if you had owned 12 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Sipa Resources shares – just the quantity. However, indirectly, the new 1100% higher share price could have impacted the market appetite for Sipa Resources shares which in turn could have impacted Sipa Resources 's share price.

Sipa Resources share price volatility

Over the last 12 months, Sipa Resources 's shares have ranged in value from as little as $0.027 up to $0.097. A popular way to gauge a stock's volatility is its "beta".

SRI.AU volatility(beta: 1.95)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Sipa Resources 's is 1.9489. This would suggest that Sipa Resources 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Sipa Resources overview

Sipa Resources Limited operates as an exploration company. It explores for nickel, copper, gold, silver, zinc, lead, and other mineral deposits. The company holds interest in the Warralong project covering an area of 720 square kilometers; and the Wolfe Basin base metal projects which covers an area of 780 square kilometers located in Western Australia. It also holds interests in the Skeleton Rocks project with 4 tenements covering approximately 800 km2 located to the west of the Southern Cross greenstone belt in Western Australia. Sipa Resources Limited was incorporated in 1990 and is based in Subiaco, Australia.

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