Roth Capital Predicts Solitario Resources FY2024 Earnings

Solitario Resources Corp. (NYSEAMERICAN:XPL) (TSE:SLR) – Analysts at Roth Capital dropped their FY2024 earnings per share (EPS) estimates for Solitario Resources in a research note issued to investors on Monday, February 10th. Roth Capital analyst M. Niehuser now forecasts that the basic materials company will post earnings per share of ($0.07) for the year, down from their prior estimate of ($0.06). The consensus estimate for Solitario Resources’ current full-year earnings is ($0.05) per share. Roth Capital also issued estimates for Solitario Resources’ Q2 2025 earnings at ($0.02) EPS, Q3 2025 earnings at ($0.03) EPS and FY2025 earnings at ($0.09) EPS.

Separately, HC Wainwright restated a “buy” rating and set a $1.20 target price on shares of Solitario Resources in a report on Friday, February 7th.

Solitario Resources Price Performance

Shares of XPL stock opened at $0.70 on Wednesday. The stock has a market capitalization of $57.29 million, a P/E ratio of -11.73 and a beta of 0.89. Solitario Resources has a 12 month low of $0.43 and a 12 month high of $0.98.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in XPL. Geode Capital Management LLC increased its holdings in shares of Solitario Resources by 11.4% during the 3rd quarter. Geode Capital Management LLC now owns 579,870 shares of the basic materials company’s stock worth $406,000 after acquiring an additional 59,573 shares during the last quarter. Focused Wealth Management Inc increased its holdings in shares of Solitario Resources by 19.3% during the 3rd quarter. Focused Wealth Management Inc now owns 370,900 shares of the basic materials company’s stock worth $260,000 after acquiring an additional 60,000 shares during the last quarter. Finally, National Bank of Canada FI increased its holdings in shares of Solitario Resources by 57.1% during the 4th quarter. National Bank of Canada FI now owns 165,000 shares of the basic materials company’s stock worth $98,000 after acquiring an additional 60,000 shares during the last quarter. Institutional investors and hedge funds own 18.23% of the company’s stock.

Solitario Resources Company Profile

Solitario Resources Corp., an exploration stage company, engages in the acquisition and exploration of precious metal, zinc, and other base metal properties in North and South America. The company holds 50% interest in the Lik zinc-lead-silver property located in Northwest Alaska; 39% interest in the Florida Canyon zinc project located in northern Peru; and 85% interest in the Chambara exploration project located in Peru.