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Solitario Resources Corp   (XPL)
Other Ticker:  
 
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials
 
Price: $0.8696 $0.02 2.790%
Day's High: $0.8833 Week Perf: -5.15 %
Day's Low: $ 0.84 30 Day Perf: 33.64 %
Volume (M): 38 52 Wk High: $ 0.96
Volume (M$): $ 33 52 Wk Avg: $0.58
Open: $0.84 52 Wk Low: $0.43



 Market Capitalization (Millions $) 69
 Shares Outstanding (Millions) 80
 Employees 5
 Revenues (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) -4
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Solitario Resources Corp

Solitario Exploration & Royalty Corp. is an exploration stage company at December 31, 2016 under Industry Guide 7, as issued by the SEC. Solitario was incorporated in the state of Colorado on November 15, 1984 as a wholly-owned subsidiary of Crown Resources Corporation ("Crown"). In July 1994, Solitario became a publicly traded company on the Toronto Stock Exchange (the “TSX”) through its initial public offering. We have been actively involved in mineral exploration since 1993. Our primary business is to acquire exploration mineral properties or royalties on mineral properties, and/or to discover economic deposits on our mineral properties and advance these deposits, either on our own or through joint ventures, up to the development stage (development activities include, among other things, completion of a feasibility study for the identification of proven and probable reserves, as well as permitting and preparing a deposit for mining). At that point, or sometime prior to that point, we would likely attempt to sell a given mineral property, pursue its development either on our own, or through a joint venture with a partner that has expertise in mining operations, or obtain a royalty from a third party that continues to advance the property. In addition to focusing on our current assets and the evaluation of mineral properties for acquisition or purchase of royalty interests, we also evaluate potential strategic corporate transactions for the potential acquisition of new precious and base metal properties and assets with exploration potential or business combinations we determine to be favorable to Solitario.

On August 25, 2015, we, along with DHI Minerals (US) Ltd. (“DHI”), sold our combined interests in the Mt. Hamilton gold project to Waterton Nevada Splitter, LLC, (“Waterton”) for total cash proceeds of US$30 million (the “Transaction”) pursuant to a definitive agreement entered into on June 10, 2015 (the “Agreement”). We sold our 80% interest in Mt. Hamilton LLC (“MH-LLC”), a limited liability company which held 100% of the Mt. Hamilton project assets, and DHI sold its 20% interest in MH-LLC. DHI is a wholly-owned subsidiary of Ely Gold and Minerals, Inc. (“Ely”). We received gross cash proceeds of US$24 million and Ely received gross cash proceeds of US$6 million. Our costs and fees related to the Transaction, including broker fees and professional service fees, were $439,000. The Transaction was structured as the sale of DHI’s and our combined membership interests in MH-LLC. We recorded a gain on sale related to the Transaction of $12,309,000. Concurrent with the closing of the Transaction, we paid $5,000,000 plus $7,000 of interest and fees to fully repay the funds we had borrowed (the “RMB Loan”) pursuant to a facility agreement (the “Facility Agreement”) with RMB Australia Holdings Limited (“RMBAH”) and RMB Resources, Inc. (“RMBR”).

The exploration and development of mineral properties is subject to federal, state, provincial and local laws and regulations in the countries in which we operate in a variety of ways, including regulation of mineral exploration and land ownership, environmental regulation and taxation. These laws and regulations, as well as future interpretation of or changes to existing laws and regulations, may require substantial increases in capital and operating costs to us and delays, interruptions, or a termination of operations.

In the United States and the other countries in which we operate, in order to obtain permits for exploration or potential future development of mineral properties, environmental regulations generally require a description of the existing environment, including but not limited to natural, archeological and socio-economic environments, at the project site and in the region; an interpretation of the nature and magnitude of potential environmental impacts that might result from such activities; and a description and evaluation of the effectiveness of the operational measures planned to mitigate the environmental impacts. Currently the expenditures to obtain exploration permits to conduct our exploration activities are not material to our total exploration cost.

The laws and regulations in all the countries in which we operate are continually changing and are generally becoming more restrictive, especially environmental laws and regulations. As part of our ongoing exploration activities, we have made expenditures to comply with such laws and regulations, but such expenditures could substantially increase our costs to achieve compliance in the future. Delays in obtaining or failure to obtain government permits and approvals or significant changes in regulation could have a material adverse effect on our exploration activities, our ability to locate economic mineral deposits, and our potential to sell, joint venture or eventually develop our properties, which could have a material adverse effect on our financial position or results of operations.

 



   Company Address: 4251 Kipling St. Suite 390 Wheat Ridge 80033 CO
   Company Phone Number: 534-1030   Stock Exchange / Ticker: NYSEAMER XPL
   


Customers Net Income fell by XPL's Customers Net Profit Margin fell to

-3.44 %

8.45 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
ATI   -0.33%    
CMC   -1.64%    
DAN   -0.5%    
NVLCN   -0.5%    
STLD        0.2% 
X   -2.29%    
• View Complete Report
   



Solitario Resources Corp

Solitario Resources Corp Leads the Pack with Impressive Revenue Growth in the Metal Mining Sector

Investors in Solitario Resources Corp have reasons to celebrate as the company announced very solid revenue improvement of 251.852% year on year to $0.10 million in the January to March 31 2024 interval. However, the company still experienced a loss of $-0.01 per share during this period.
Despite the loss, Solitario Resources Corp's revenue improvement in the first quarter of 2024 is impressive when compared to its Metal Mining sector peers, who saw an average business improvement of only 9.79% in the same period. This demonstrates the company's strong performance and growth potential.

Solitario Resources Corp

Solitario Resources Corp Shows Improvement in EPS, But Faces Revenue Decline in Fourth Quarter of 2023

Solitario Resources Corp, a metal mining company, recently reported its financial results for the most recent fiscal period, showing a loss of $-0.01 per share, an improvement from the previous fiscal period. Despite the improvement in EPS, the company experienced a decrease in revenue by -0.962% compared to the same period last year.
The net deficit for Solitario Resources Corp also increased to $-1.042 million, higher than the previous year. The company realized a net loss of $-3.75 million and reported revenue of $0.19 million for the financial year 2023. However, the company has been able to decrease its deficit per share to $-0.05 from $-0.06 in the preceding fiscal year.

Solitario Resources Corp

Solitario Resources Corp Reports Impressive Revenue of $0.035 Million, Marking Strong Financial Performance in Q3 2023


As a correspondent, it is my duty to interpret and provide insights into the financial results of various corporations. Today, we analyze Solitario Resources Corp's recent financial results and stock performance, shedding light on their journey in the market.
Solitario Resources Corp reported $0.035 million in revenue for the financial interval ending September 30, 2023. While this figure may appear modest, it is crucial to consider the evolving economic landscape and various challenges companies face during these times. Amidst these circumstances, Solitario Resources Corp managed to generate revenue, showcasing their ability to adapt and persevere.

Solitario Resources Corp

Solitario Resources Corp's Financial Miracle: Revenue Surges to $0.026 Million, Outshining Previous Year's Grim Deficit

Solitario Resources Corp, a metal mining company, has experienced a decline in its stock price by -1.01% over the past three months. On the other hand, XPL stock has seen an increase of 9.09% in the preceding 30 days. Additionally, Solitario Resources Corp stock is currently trading 30.4% above its 52-week low.
In terms of financial performance, Solitario Resources Corp reported revenue of $0.026 million for the financial period ending on June 30, 2023. This indicates a significant improvement compared to the same period in the previous year when the company had a revenue deficit of $-1.691 million.

Solitario Zinc Corp

Revised headline: Solitario Zinc Corp Reports Increasing Losses in Q1 2023, Highlighting Need for Strategic Measures

Solitario Zinc Corp has reported its financial results for the fiscal interval ending March 31, 2023. The company's losses have continued to grow, with a loss of -$0.01 per share in the current period compared to zero last year and -$0.01 in the prior reporting period. Despite this, the company's revenue remained unchanged at $0.03 million compared to the same period last year, but it has tumbled by 74.038% from $0.10 million sequentially.
The net shortfall reported by Solitario Zinc Corp for the fiscal interval ending March 31, 2023, was $-0.380 million, a substantial improvement from a deficit of $-0.514 million in the corresponding reporting period a year earlier. It is worth noting that the company has been facing a challenging period, with losses extending and revenue tumbling. The company has been working to reduce the losses.






 

Solitario Resources's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Solitario Resources does not provide revenue guidance.

Earnings Outlook
Solitario Resources Corp does not provide earnings estimates.

 
Geographic Revenue Dispersion




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