Roth MKM Sticks to Their Buy Rating for Solitario Exploration & Royalty (XPL)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 10 2025
0mins
Source: Business Insider
Analyst Ratings: Roth MKM analyst Mike Niehuser maintained a Buy rating on Solitario Exploration & Royalty (XPL) with a price target of $1.80, while H.C. Wainwright also reiterated a Buy rating with a $1.20 target, indicating potential upside for the stock.
Financial Performance: Solitario reported a GAAP net loss of $2.28 million for the quarter ending September 30, which is an increase from a loss of $1.29 million in the same period last year.
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Analyst Views on XPL
Wall Street analysts forecast XPL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XPL is 1.20 USD with a low forecast of 1.20 USD and a high forecast of 1.20 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.798
Low
1.20
Averages
1.20
High
1.20
Current: 0.798
Low
1.20
Averages
1.20
High
1.20
About XPL
Solitario Resources Corp. is a natural resource exploration company focused on high-quality Tier-1 gold and zinc exploration projects. The Company’s projects include Golden Crest Gold-South Dakota, Florida Canyon Zinc Project-Peru, Lik Zinc Project-Alaska, and Bright Angel Copper-Gold Project-Colorado. The Company also holds a 100% interest in the Cat Creek critical minerals project (molybdenum-rhenium) in Colorado. The Florida Canyon Zinc project is located approximately eight kilometers (km) from a paved road that connects coastal northern Peru with the Amazon basin. The consolidated Florida Canyon land position stands at over 48,700 hectares (120,300 acres). The Lik high-grade zinc project, located in northwestern Alaska, is an advanced exploration project joint venture with Teck American Incorporated (Teck). Its 100%-owned Golden Crest properties in South Dakota constitute strategic land holdings (31,500 acres) along the western and southwestern extensions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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