Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Sipa Resources's share price for the quarter that ended in Dec. 2023 was A$0.025. Sipa Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 228.16 Mil. Therefore, Sipa Resources's market cap for the quarter that ended in Dec. 2023 was A$5.70 Mil.
Sipa Resources's quarterly market cap
declined
from Dec. 2022 (A$7.26 Mil) to Jun. 2023 (A$4.56 Mil) but then
increased
from Jun. 2023 (A$4.56 Mil) to Dec. 2023 (A$5.70 Mil).
Sipa Resources's annual market cap
declined
from Jun. 2021 (A$9.16 Mil) to Jun. 2022 (A$6.77 Mil) and
declined
from Jun. 2022 (A$6.77 Mil) to Jun. 2023 (A$4.56 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Sipa Resources's Enterprise Value for Today is A$0.45 Mil.
Sipa Resources Market Cap Historical Data
The historical data trend for Sipa Resources's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Sipa Resources's Market Cap
For the Gold subindustry, Sipa Resources's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sipa Resources's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Sipa Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where Sipa Resources's Market Cap falls into.
Sipa Resources Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Sipa Resources's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Sipa Resources (ASX:SRI) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Sipa Resources Market Cap Related Terms
Thank you for viewing the detailed overview of Sipa Resources's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Sipa Resources Ltd is a gold, base metals, and nickel exploration company. It is engaged in acquisitions and exploration of mineral tenements. The company's projects include Paterson North, Kitgum Pader, Warralong Gold, Skeleton, Murchison and other projects. the Company has two reportable segments, which are exploration activities in Australia and exploration activities in Uganda.
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