Solitario Exploration Royalty Stock Fundamentals
| SLR Stock | CAD 0.95 0.01 1.06% |
Solitario Exploration Royalty fundamentals help investors to digest information that contributes to Solitario Exploration's financial success or failures. It also enables traders to predict the movement of Solitario Stock. The fundamental analysis module provides a way to measure Solitario Exploration's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Solitario Exploration stock.
As of the 27th of February 2025, Interest Expense is likely to grow to about 800.6 K, while Depreciation And Amortization is likely to drop about 21.4 K. Solitario | Select Account or Indicator |
Solitario Exploration Royalty Company Return On Equity Analysis
Solitario Exploration's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Solitario Exploration Return On Equity | -0.21 |
Most of Solitario Exploration's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Solitario Exploration Royalty is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Solitario Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Solitario Exploration is extremely important. It helps to project a fair market value of Solitario Stock properly, considering its historical fundamentals such as Return On Equity. Since Solitario Exploration's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Solitario Exploration's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Solitario Exploration's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Solitario Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Solitario Exploration Royalty has a Return On Equity of -0.211. This is 123.19% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on equity for all Canada stocks is 31.94% lower than that of the firm.
Solitario Exploration Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Solitario Exploration's current stock value. Our valuation model uses many indicators to compare Solitario Exploration value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Solitario Exploration competition to find correlations between indicators driving Solitario Exploration's intrinsic value. More Info.Solitario Exploration Royalty is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers . At this time, Solitario Exploration's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Solitario Exploration by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Solitario Exploration's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Solitario Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Solitario Exploration's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Solitario Exploration could also be used in its relative valuation, which is a method of valuing Solitario Exploration by comparing valuation metrics of similar companies.Solitario Exploration is currently under evaluation in return on equity category among its peers.
Solitario Exploration Current Valuation Drivers
We derive many important indicators used in calculating different scores of Solitario Exploration from analyzing Solitario Exploration's financial statements. These drivers represent accounts that assess Solitario Exploration's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Solitario Exploration's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 32.7M | 29.3M | 39.8M | 38.5M | 44.3M | 48.0M | |
| Enterprise Value | 32.1M | 29.0M | 39.6M | 38.4M | 44.2M | 46.1M |
Solitario Fundamentals
| Return On Equity | -0.21 | ||||
| Return On Asset | -0.15 | ||||
| Current Valuation | 66.82 M | ||||
| Shares Outstanding | 81.44 M | ||||
| Shares Owned By Insiders | 17.72 % | ||||
| Shares Owned By Institutions | 21.20 % | ||||
| Number Of Shares Shorted | 365 | ||||
| Price To Earning | (21.95) X | ||||
| Price To Book | 2.23 X | ||||
| Price To Sales | 29.07 X | ||||
| Gross Profit | 408 K | ||||
| EBITDA | (4.09 K) | ||||
| Net Income | (3.75 M) | ||||
| Cash And Equivalents | 316 K | ||||
| Cash Per Share | 0.15 X | ||||
| Total Debt | 89 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 32.19 X | ||||
| Book Value Per Share | 0.29 X | ||||
| Cash Flow From Operations | (3.26 M) | ||||
| Short Ratio | 0.04 X | ||||
| Earnings Per Share | (0.09) X | ||||
| Target Price | 1.2 | ||||
| Beta | 0.89 | ||||
| Market Capitalization | 77.37 M | ||||
| Total Asset | 26.76 M | ||||
| Retained Earnings | (57.64 M) | ||||
| Working Capital | 9.31 M | ||||
| Net Asset | 26.76 M |
About Solitario Exploration Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Solitario Exploration Royalty's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Solitario Exploration using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Solitario Exploration Royalty based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | (35.10) | (33.34) | |
| Cost Of Revenue | 28.8 K | 27.3 K | |
| Stock Based Compensation To Revenue | 0.97 | 0.92 | |
| Sales General And Administrative To Revenue | 3.86 | 3.66 | |
| Capex To Revenue | 0.01 | 0.01 | |
| Revenue Per Share | 0.01 | 0.01 | |
| Ebit Per Revenue | (4.51) | (4.73) |
Pair Trading with Solitario Exploration
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Solitario Exploration position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Solitario Exploration will appreciate offsetting losses from the drop in the long position's value.Moving together with Solitario Stock
Moving against Solitario Stock
| 0.69 | IE | Ivanhoe Energy | PairCorr |
| 0.51 | INFM | Infinico Metals Corp | PairCorr |
| 0.4 | RY | Royal Bank | PairCorr |
| 0.37 | AG | First Majestic Silver | PairCorr |
| 0.32 | FDY | Faraday Copper Corp | PairCorr |
The ability to find closely correlated positions to Solitario Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solitario Exploration when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Solitario Exploration - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Solitario Exploration Royalty to buy it.
The correlation of Solitario Exploration is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Solitario Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solitario Exploration moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Solitario Exploration can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solitario Exploration Royalty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.