Is Solitario Exploration Stock a Good Investment?
Solitario Exploration Investment Advice | XPL |
- Examine Solitario Exploration's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Solitario Exploration's leadership team and their track record. Good management can help Solitario Exploration navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified Metals & Mining space and any emerging trends that could impact Solitario Exploration's business and its evolving consumer preferences.
- Compare Solitario Exploration's performance and market position to its competitors. Analyze how Solitario Exploration is positioned in terms of product offerings, innovation, and market share.
- Check if Solitario Exploration pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Solitario Exploration's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Solitario Exploration Royalty stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Solitario Exploration Royalty is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Extremely Dangerous | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Solitario Exploration Stock
Researching Solitario Exploration's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 18.0% of the company outstanding shares are owned by insiders. The book value of Solitario Exploration was at this time reported as 0.29. The company recorded a loss per share of 0.06. Solitario Exploration had not issued any dividends in recent years.
To determine if Solitario Exploration is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Solitario Exploration's research are outlined below:
| Solitario Exploration has some characteristics of a very speculative penny stock | |
| Solitario Exploration had very high historical volatility over the last 90 days | |
| Reported Net Loss for the year was (3.75 M) with profit before taxes, overhead, and interest of 408 K. | |
| Solitario Exploration Royalty has about 316 K in cash with (3.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11. | |
| Solitario Exploration has a poor financial position based on the latest SEC disclosures | |
| Roughly 18.0% of the company outstanding shares are owned by insiders | |
| Latest headline from finance.yahoo.com: Solitario Resources Completes Highly Successful 2024 Drilling Campaign |
Solitario Exploration Quarterly Cash And Short Term Investments |
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Solitario Exploration uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Solitario Exploration Royalty. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Solitario Exploration's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 19th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 19th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Solitario Exploration's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Solitario Exploration's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-11-06 | 2024-09-30 | -0.02 | -0.03 | -0.01 | 50 | ||
2014-03-07 | 2013-12-31 | -0.02 | -0.01 | 0.01 | 50 | ||
2013-11-06 | 2013-09-30 | -0.02 | -0.01 | 0.01 | 50 | ||
2013-05-09 | 2013-03-31 | -0.04 | -0.03 | 0.01 | 25 | ||
2012-11-09 | 2012-09-30 | -0.04 | -0.02 | 0.02 | 50 | ||
2013-08-09 | 2013-06-30 | -0.04 | -0.01 | 0.03 | 75 | ||
2012-05-07 | 2012-03-31 | -0.05 | -0.02 | 0.03 | 60 | ||
2011-11-07 | 2011-09-30 | -0.06 | -0.03 | 0.03 | 50 |
Solitario Exploration's market capitalization trends
The company currently falls under 'Micro-Cap' category with a total capitalization of 48.24 M.Market Cap |
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Solitario Exploration's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.14) | (0.13) | |
| Return On Capital Employed | (0.14) | (0.15) | |
| Return On Assets | (0.14) | (0.13) | |
| Return On Equity | (0.13) | (0.14) |
Determining Solitario Exploration's profitability involves analyzing its financial statements and using various financial metrics to determine if Solitario Exploration is a good buy. For example, gross profit margin measures Solitario Exploration's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Solitario Exploration's profitability and make more informed investment decisions.
Evaluate Solitario Exploration's management efficiency
Solitario Exploration has Return on Asset of (0.1519) % which means that on every $100 spent on assets, it lost $0.1519. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.211) %, meaning that it generated no profit with money invested by stockholders. Solitario Exploration's management efficiency ratios could be used to measure how well Solitario Exploration manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to -0.13 this year. The value of Return On Capital Employed is expected to slide to -0.15. Other Current Assets is expected to rise to about 329.6 K this year, although the value of Total Assets will most likely fall to about 21.2 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.43 | 0.51 | |
| Tangible Book Value Per Share | 0.43 | 0.63 | |
| Enterprise Value Over EBITDA | (10.79) | (11.33) | |
| Price Book Value Ratio | 1.71 | 1.62 | |
| Enterprise Value Multiple | (10.79) | (11.33) | |
| Price Fair Value | 1.71 | 1.62 | |
| Enterprise Value | 44.2 M | 46.1 M |
Effective leadership at Solitario Exploration drives its competitive edge in the market. Our analysis focuses on how this translates to financial performance and stock value.
Beta 0.92 |
Basic technical analysis of Solitario Stock
As of the 27th of February, Solitario Exploration has the Coefficient Of Variation of 1535.27, semi deviation of 3.08, and Risk Adjusted Performance of 0.0559. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Solitario Exploration, as well as the relationship between them. Please validate Solitario Exploration variance and potential upside to decide if Solitario Exploration is priced more or less accurately, providing market reflects its prevalent price of 0.66979998 per share. As Solitario Exploration is a penny stock we also advise to double-check its total risk alpha numbers.Solitario Exploration's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Solitario Exploration insiders, such as employees or executives, is commonly permitted as long as it does not rely on Solitario Exploration's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Solitario Exploration insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Solitario Exploration's Outstanding Corporate Bonds
Solitario Exploration issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Solitario Exploration uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Solitario bonds can be classified according to their maturity, which is the date when Solitario Exploration Royalty has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand Solitario Exploration's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Solitario Exploration's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0559 | |||
| Market Risk Adjusted Performance | 0.4486 | |||
| Mean Deviation | 2.66 | |||
| Semi Deviation | 3.08 | |||
| Downside Deviation | 3.77 | |||
| Coefficient Of Variation | 1535.27 | |||
| Standard Deviation | 3.58 | |||
| Variance | 12.82 | |||
| Information Ratio | 0.0641 | |||
| Jensen Alpha | 0.2265 | |||
| Total Risk Alpha | 0.2547 | |||
| Sortino Ratio | 0.061 | |||
| Treynor Ratio | 0.4386 | |||
| Maximum Drawdown | 17.49 | |||
| Value At Risk | (4.11) | |||
| Potential Upside | 6.56 | |||
| Downside Variance | 14.18 | |||
| Semi Variance | 9.46 | |||
| Expected Short fall | (3.49) | |||
| Skewness | (0.04) | |||
| Kurtosis | 1.66 |
| Risk Adjusted Performance | 0.0559 | |||
| Market Risk Adjusted Performance | 0.4486 | |||
| Mean Deviation | 2.66 | |||
| Semi Deviation | 3.08 | |||
| Downside Deviation | 3.77 | |||
| Coefficient Of Variation | 1535.27 | |||
| Standard Deviation | 3.58 | |||
| Variance | 12.82 | |||
| Information Ratio | 0.0641 | |||
| Jensen Alpha | 0.2265 | |||
| Total Risk Alpha | 0.2547 | |||
| Sortino Ratio | 0.061 | |||
| Treynor Ratio | 0.4386 | |||
| Maximum Drawdown | 17.49 | |||
| Value At Risk | (4.11) | |||
| Potential Upside | 6.56 | |||
| Downside Variance | 14.18 | |||
| Semi Variance | 9.46 | |||
| Expected Short fall | (3.49) | |||
| Skewness | (0.04) | |||
| Kurtosis | 1.66 |
Consider Solitario Exploration's intraday indicators
Solitario Exploration intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Solitario Exploration stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Solitario Exploration time-series forecasting models is one of many Solitario Exploration's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Solitario Exploration's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Solitario Stock media impact
Far too much social signal, news, headlines, and media speculation about Solitario Exploration that are available to investors today. That information is available publicly through Solitario media outlets and privately through word of mouth or via Solitario internal channels. However, regardless of the origin, that massive amount of Solitario data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Solitario Exploration news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Solitario Exploration relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Solitario Exploration's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Solitario Exploration alpha.
Solitario Exploration Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Solitario Exploration can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Solitario Exploration Corporate Directors
| John Labate | Independent Director | Profile | |
| James Hesketh | Independent Director | Profile | |
| Joshua Crumb | Independent Director | Profile | |
| Gil Atzmon | Independent Director | Profile |
Already Invested in Solitario Exploration Royalty?
The danger of trading Solitario Exploration Royalty is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Solitario Exploration is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Solitario Exploration. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Solitario Exploration is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Solitario Exploration is a strong investment it is important to analyze Solitario Exploration's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Solitario Exploration's future performance. For an informed investment choice regarding Solitario Stock, refer to the following important reports: Check out Your Current Watchlist 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 american community survey. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Solitario Exploration. If investors know Solitario will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Solitario Exploration listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.06) | Revenue Per Share | Quarterly Revenue Growth (0.19) | Return On Assets | Return On Equity |
The market value of Solitario Exploration is measured differently than its book value, which is the value of Solitario that is recorded on the company's balance sheet. Investors also form their own opinion of Solitario Exploration's value that differs from its market value or its book value, called intrinsic value, which is Solitario Exploration's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Solitario Exploration's market value can be influenced by many factors that don't directly affect Solitario Exploration's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Solitario Exploration's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Solitario Exploration is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solitario Exploration's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.