AMEX:XPL

Stock Analysis Report

Executive Summary

Solitario Zinc Corp., an exploration stage company, engages in the acquisition, exploration, and development of zinc properties in North and South America.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Solitario Zinc's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: XPL has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-6.8%

XPL

1.1%

US Metals and Mining

0.06%

US Market


1 Year Return

5.7%

XPL

-1.9%

US Metals and Mining

19.3%

US Market

Return vs Industry: XPL exceeded the US Metals and Mining industry which returned -1.9% over the past year.

Return vs Market: XPL underperformed the US Market which returned 19.3% over the past year.


Shareholder returns

XPLIndustryMarket
7 Day-6.8%1.1%0.06%
30 Day13.0%-3.4%1.7%
90 Day18.7%0.4%9.0%
1 Year5.7%5.7%0.6%-1.9%21.8%19.3%
3 Year-58.5%-58.5%-0.8%-6.1%49.5%39.9%
5 Year-61.5%-61.5%20.9%11.6%73.1%54.1%

Price Volatility Vs. Market

How volatile is Solitario Zinc's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Solitario Zinc undervalued compared to its fair value and its price relative to the market?

0.78x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate XPL's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate XPL's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: XPL is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: XPL is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate XPL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: XPL is good value based on its PB Ratio (0.8x) compared to the US Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Solitario Zinc forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

13.4%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Solitario Zinc has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Solitario Zinc performed over the past 5 years?

-7.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XPL is currently unprofitable.

Growing Profit Margin: XPL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: XPL is unprofitable, and losses have increased over the past 5 years at a rate of -7.4% per year.

Accelerating Growth: Unable to compare XPL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: XPL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-17.7%).


Return on Equity

High ROE: XPL has a negative Return on Equity (-17.13%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Solitario Zinc's financial position?


Financial Position Analysis

Short Term Liabilities: XPL's short term assets ($9.0M) exceed its short term liabilities ($232.0K).

Long Term Liabilities: XPL's short term assets ($9.0M) exceed its long term liabilities ($142.0K).


Debt to Equity History and Analysis

Debt Level: XPL is debt free.

Reducing Debt: XPL has no debt compared to 5 years ago when its debt to equity ratio was 63.4%.


Balance Sheet

Inventory Level: XPL has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if XPL's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: XPL has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: XPL has sufficient cash runway for 2.5 years if free cash flow continues to grow at historical rates of 17.2% each year.


Next Steps

Dividend

What is Solitario Zinc's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate XPL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate XPL's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if XPL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if XPL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of XPL's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

20.7yrs

Average management tenure


CEO

Chris Herald (65yo)

20.7yrs

Tenure

US$510,669

Compensation

Mr. Christopher Engle Herald, also known as Chris, M.Sc., has been the Chief Executive Officer of Solitario Exploration & Royalty Corp. since June 1999 and has been its President since August 1993. Mr. Her ...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD510.67K) is about average for companies of similar size in the US market ($USD521.37K).

Compensation vs Earnings: Chris's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Christopher Herald
President20.7yrsUS$510.67k2.76% $526.6k
James Maronick
CFO, Secretary & Treasurer21.1yrsUS$381.27k1.02% $193.7k
Walter Hunt
Chief Operating Officer11.7yrsUS$409.53k0.71% $136.1k
Debbie Mino-Austin
Director of Investor Relations0yrsno datano data

20.7yrs

Average Tenure

65yo

Average Age

Experienced Management: XPL's management team is seasoned and experienced (20.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Christopher Herald
President20.7yrsUS$510.67k2.76% $526.6k
Brian Labadie
Chairman of the Board10.9yrsUS$135.17k0.33% $63.2k
John Labate
Independent Director3.2yrsUS$121.93k0.017% $3.3k
James K. Hesketh
Independent Director2.6yrsUS$118.03k0.0086% $1.6k
Gil Atzmon
Independent Director2.6yrsUS$118.03k4.69% $893.3k
Joshua Crumb
Independent Director2.6yrsUS$118.03k0.031% $5.9k

2.9yrs

Average Tenure

63yo

Average Age

Experienced Board: XPL's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: XPL insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Solitario Zinc Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Solitario Zinc Corp.
  • Ticker: XPL
  • Exchange: AMEX
  • Founded: 1984
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: US$19.051m
  • Shares outstanding: 58.13m
  • Website: https://www.solitarioxr.com

Number of Employees


Location

  • Solitario Zinc Corp.
  • 4251 Kipling Street
  • Suite 390
  • Wheat Ridge
  • Colorado
  • 80033
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XPLAMEX (NYSE MKT LLC)YesCommon StockUSUSDJul 1994
SLRTSX (The Toronto Stock Exchange)YesCommon StockCACADJul 1994
RJODB (Deutsche Boerse AG)YesCommon StockDEEURJul 1994

Biography

Solitario Zinc Corp., an exploration stage company, engages in the acquisition, exploration, and development of zinc properties in North and South America. It primarily owns a 39% interest in the Florida Canyon zinc project located in northern Peru; and a 50% interest in the Lik zinc-lead-silver property located in Northwest Alaska. The company also owns the La Promesa gold exploration project; and an 85% interest in the Chambara exploration project located in Peru. The company was formerly known as Solitario Exploration & Royalty Corp. and changed its name to Solitario Zinc Corp. in July 2017. Solitario Zinc Corp. was founded in 1984 and is based in Wheat Ridge, Colorado. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 00:23
End of Day Share Price2020/02/20 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.