Sipa Resources Ltd

AU:SRI Australia Gold
Market Cap
$5.96 Million
AU$9.63 Million AUD
Market Cap Rank
#33778 Global
#1193 in Australia
Share Price
AU$0.02
Change (1 day)
+2.78%
52-Week Range
AU$0.01 - AU$0.02
All Time High
AU$0.55
Categories
Companies in Australia Gold
About

Auravelle Metals Limited operates as a mineral exploration company in Australia. The company primarily explores for nickel, copper, gold, silver, zinc, lead, and other mineral deposits. The company was formerly known as Sipa Resources Limited and changed its name to Auravelle Metals Limited in September 2025. Auravelle Metals Limited was incorporated in 1990 and is based in Subiaco, Australia.

Sipa Resources Ltd (SRI) - Net Assets

Latest net assets as of December 2024: AU$1.33 Million AUD

Based on the latest financial reports, Sipa Resources Ltd (SRI) has net assets worth AU$1.33 Million AUD as of December 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.87 Million) and total liabilities (AU$540.56K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$1.33 Million
% of Total Assets 71.06%
Annual Growth Rate -2.84%
5-Year Change -51.89%
10-Year Change -68.86%
Growth Volatility 56.99

Sipa Resources Ltd - Net Assets Trend (1989–2024)

This chart illustrates how Sipa Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Sipa Resources Ltd (1989–2024)

The table below shows the annual net assets of Sipa Resources Ltd from 1989 to 2024.

Year Net Assets Change
2024-06-30 AU$2.04 Million -2.26%
2023-06-30 AU$2.09 Million -41.32%
2022-06-30 AU$3.56 Million -21.80%
2021-06-30 AU$4.55 Million +7.25%
2020-06-30 AU$4.24 Million +10.01%
2019-06-30 AU$3.86 Million +48.76%
2018-06-30 AU$2.59 Million -3.67%
2017-06-30 AU$2.69 Million +26.93%
2016-06-30 AU$2.12 Million -67.65%
2015-06-30 AU$6.55 Million +75.22%
2014-06-30 AU$3.74 Million -2.97%
2013-06-30 AU$3.85 Million -49.90%
2012-06-30 AU$7.69 Million +127.92%
2011-06-30 AU$3.38 Million -60.67%
2010-06-30 AU$8.58 Million +68.28%
2009-06-30 AU$5.10 Million -25.58%
2008-06-30 AU$6.86 Million -12.82%
2007-06-30 AU$7.86 Million +154.75%
2006-06-30 AU$3.09 Million -40.68%
2005-06-30 AU$5.20 Million -0.67%
2004-06-30 AU$5.24 Million -67.02%
2003-06-30 AU$15.89 Million -13.51%
2002-06-30 AU$18.37 Million +48.84%
2001-06-30 AU$12.34 Million +53.22%
2000-06-30 AU$8.05 Million +33.14%
1999-06-30 AU$6.05 Million -66.44%
1998-06-30 AU$18.03 Million -4.74%
1997-06-30 AU$18.92 Million +116.27%
1996-06-30 AU$8.75 Million +17.97%
1995-06-30 AU$7.42 Million -15.59%
1994-06-30 AU$8.79 Million +45.62%
1993-06-30 AU$6.03 Million +67.33%
1992-06-30 AU$3.61 Million +97.37%
1991-06-30 AU$1.83 Million -39.84%
1990-06-30 AU$3.04 Million -45.81%
1989-06-30 AU$5.60 Million --

Equity Component Analysis

This analysis shows how different components contribute to Sipa Resources Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 11535374500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2024)

Component Amount Percentage
Common Stock AU$116.12 Million 5689.69%
Other Comprehensive Income AU$1.74 Million 85.34%
Total Equity AU$2.04 Million 100.00%

Sipa Resources Ltd Competitors by Market Cap

The table below lists competitors of Sipa Resources Ltd ranked by their market capitalization.

Company Market Cap
Perak Corporation Bhd
KLSE:8346
 		$2.36 Million
Green Shift Commodities Ltd.
OTCQB:GRCMF
 		$2.36 Million
Prime Road Power Public Company Limited
BK:PRIME
 		$2.36 Million
Patkol Public Company Limited
BK:PK
 		$2.36 Million
Vivid Games S.A
WAR:VVD
 		$2.36 Million
Cebu Air Inc
PINK:CEBUF
 		$2.36 Million
Terreno Resources Corp
V:TNO-H
 		$2.36 Million
Total Telcom Inc
PINK:TTLTF
 		$2.36 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sipa Resources Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,087,981 to 2,040,865, a change of -47,116 (-2.3%).
  • Net loss of 100,940 reduced equity.
  • Other comprehensive income increased equity by 53,824.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-100.94K -4.95%
Other Comprehensive Income AU$53.82K +2.64%
Total Change AU$- -2.26%

Book Value vs Market Value Analysis

This analysis compares Sipa Resources Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.07x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.40x to 2.07x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1989-06-30 AU$0.05 AU$0.02 x
1990-06-30 AU$0.03 AU$0.02 x
1991-06-30 AU$0.02 AU$0.02 x
1992-06-30 AU$0.06 AU$0.02 x
1993-06-30 AU$0.78 AU$0.02 x
1994-06-30 AU$1.11 AU$0.02 x
1995-06-30 AU$0.89 AU$0.02 x
1996-06-30 AU$0.94 AU$0.02 x
1997-06-30 AU$1.62 AU$0.02 x
1998-06-30 AU$1.28 AU$0.02 x
1999-06-30 AU$0.37 AU$0.02 x
2000-06-30 AU$0.49 AU$0.02 x
2001-06-30 AU$0.74 AU$0.02 x
2002-06-30 AU$1.06 AU$0.02 x
2003-06-30 AU$0.92 AU$0.02 x
2004-06-30 AU$0.30 AU$0.02 x
2005-06-30 AU$0.27 AU$0.02 x
2006-06-30 AU$0.16 AU$0.02 x
2007-06-30 AU$0.39 AU$0.02 x
2008-06-30 AU$0.28 AU$0.02 x
2009-06-30 AU$0.20 AU$0.02 x
2010-06-30 AU$0.32 AU$0.02 x
2011-06-30 AU$0.11 AU$0.02 x
2012-06-30 AU$0.22 AU$0.02 x
2013-06-30 AU$0.10 AU$0.02 x
2014-06-30 AU$0.08 AU$0.02 x
2015-06-30 AU$0.13 AU$0.02 x
2016-06-30 AU$0.04 AU$0.02 x
2017-06-30 AU$0.05 AU$0.02 x
2018-06-30 AU$0.03 AU$0.02 x
2019-06-30 AU$0.04 AU$0.02 x
2020-06-30 AU$0.03 AU$0.02 x
2021-06-30 AU$0.03 AU$0.02 x
2022-06-30 AU$0.02 AU$0.02 x
2023-06-30 AU$0.01 AU$0.02 x
2024-06-30 AU$0.01 AU$0.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sipa Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -4.95%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -49.82%
  • • Asset Turnover: 0.08x
  • • Equity Multiplier: 1.21x
  • Recent ROE (-4.95%) is above the historical average (-55.17%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 0.04% 0.00% 0.00x 1.04x AU$-858.58K
1997 0.00% 0.00% 0.00x 1.35x AU$-1.82 Million
1998 0.43% 0.00% 0.00x 1.06x AU$-1.66 Million
1999 8.81% 0.00% 0.00x 2.84x AU$-70.38K
2000 24.87% 7.90% 2.16x 1.46x AU$1.20 Million
2001 34.73% 16.62% 1.68x 1.24x AU$3.05 Million
2002 27.09% 20.31% 1.04x 1.29x AU$3.14 Million
2003 9.54% 4.90% 1.36x 1.43x AU$-72.43K
2004 -85.46% -17.41% 3.47x 1.42x AU$-5.00 Million
2005 -73.29% 0.00% 0.00x 1.41x AU$-4.33 Million
2006 -74.57% -669.13% 0.06x 1.84x AU$-2.61 Million
2007 -17.47% -110.54% 0.12x 1.27x AU$-2.16 Million
2008 -15.44% -129.96% 0.10x 1.14x AU$-1.74 Million
2009 -44.30% -769.28% 0.05x 1.16x AU$-2.77 Million
2010 -38.71% -1800.11% 0.02x 1.15x AU$-4.18 Million
2011 -169.28% -26961.95% 0.00x 1.30x AU$-6.05 Million
2012 -66.95% -81178.54% 0.00x 1.16x AU$-5.92 Million
2013 -148.34% -5009.44% 0.02x 1.26x AU$-6.10 Million
2014 -120.45% -3728.27% 0.03x 1.27x AU$-4.88 Million
2015 -53.82% -6021.52% 0.01x 1.09x AU$-4.18 Million
2016 -216.86% -5542.07% 0.03x 1.17x AU$-4.81 Million
2017 -145.14% -4717.02% 0.02x 1.23x AU$-4.17 Million
2018 -118.63% -8887.47% 0.01x 1.20x AU$-3.33 Million
2019 -73.47% -801.50% 0.07x 1.24x AU$-3.22 Million
2020 7.93% 73.76% 0.10x 1.07x AU$-87.88K
2021 -52.04% -1767.27% 0.03x 1.09x AU$-2.82 Million
2022 -73.96% -1210.16% 0.05x 1.25x AU$-2.99 Million
2023 -120.33% -490.02% 0.21x 1.18x AU$-2.72 Million
2024 -4.95% -49.82% 0.08x 1.21x AU$-305.03K

Industry Comparison

This section compares Sipa Resources Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $23,959,302
  • Average return on equity (ROE) among peers: -1270.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sipa Resources Ltd (SRI) AU$1.33 Million 0.04% 0.41x $2.36 Million
Australasian Metals Ltd (A8G) $5.85 Million -16.53% 0.05x $1.25 Million
Ariana Resources Plc (AA2) $21.37 Million -1.02% 0.03x $43.13 Million
Aruma Resources Ltd (AAJ) $1.10 Million -25.68% 0.39x $2.13 Million
Astral Resources NL (AAR) $4.81K -12574.39% 0.18x $138.29 Million
Adelong Gold Ltd (ADG) $911.18K -70.31% 0.11x $6.07 Million
Ardiden Ltd (ADV) $5.54 Million -12.67% 0.11x $10.37 Million
Ark Mines Ltd (AHK) $-7.71 Million 0.00% 0.00x $8.35 Million
Aureka Ltd (AKA) $28.36 Million 9.46% 0.19x $6.23 Million
Alkane Resources Ltd (ALK) $174.22 Million -3.54% 0.15x $203.33 Million
Alchemy Resources Ltd (ALY) $9.94 Million -8.10% 0.02x $4.22 Million