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Solitario Resources (Solitario Resources) Net Cash per Share : $0.11 (As of Dec. 2023)


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What is Solitario Resources Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Solitario Resources's Net Cash per Share for the quarter that ended in Dec. 2023 was $0.11.

The historical rank and industry rank for Solitario Resources's Net Cash per Share or its related term are showing as below:

XPL' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.09   Med: 2.5   Max: 8.86
Current: 5.92

During the past 13 years, the highest Price-to-Net-Cash Ratio of Solitario Resources was 8.86. The lowest was 1.09. And the median was 2.50.

XPL's Price-to-Net-Cash is ranked worse than
54.24% of 837 companies
in the Metals & Mining industry
Industry Median: 5.5 vs XPL: 5.92

Solitario Resources Net Cash per Share Historical Data

The historical data trend for Solitario Resources's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Solitario Resources Net Cash per Share Chart

Solitario Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.13 0.10 0.07 0.11

Solitario Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.07 0.05 0.07 0.11

Competitive Comparison of Solitario Resources's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Solitario Resources's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Solitario Resources's Price-to-Net-Cash Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Solitario Resources's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Solitario Resources's Price-to-Net-Cash falls into.



Solitario Resources Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Solitario Resources's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(9.668-0.807-0)/79.5864
=0.11

Solitario Resources's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(9.668-0.807-0)/79.5864
=0.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Solitario Resources  (AMEX:XPL) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Solitario Resources Net Cash per Share Related Terms

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Solitario Resources (Solitario Resources) Business Description

Traded in Other Exchanges
Address
4251 Kipling Street, Suite 390, Wheat Ridge, CO, USA, 80033
Solitario Resources Corp is exploration company engaging in acquiring, exploring, and developing zinc properties and other precious metals in safe jurisdictions in North and South America. It has joint venture interests in large, high-grade zinc development projects. The Florida Canyon Zinc Project in Peru is a development asset held jointly with Nexa Resources S.A., Golden Crest Project in South Dakota and the Lik Zinc Project represents a large-tonnage, high-grade development project in Alaska in partnership with Teck Resources. In addition, the company has an additional portfolio of exploration properties and royalties in the Americas.
Executives
James Kb Hesketh director 65 SOUTH JOYCE STREET, GOLDEN CO 80401
Debbie Mino Austin director 128 APRIL BREEZE ST., MONTGOMERY CO 77356
James R Maronick officer: CFO 4251 KIPLING STREET, SUITE 390, WHEAT RIDGE CO 80033
Christopher E Herald director, officer: CEO 4251 KIPLING STREET, SUITE 390, WHEAT RIDGE CO 80033
Walter H Hunt officer: Vice President Exploration 4251 KIPLING STREET, SUITE 390, WHEAT RIDGE CO 80033
Gil Atzmon director 1718 FOX TREE LN, SAN ANTONIO TX 78248
John A Labate director
Brian Labadie director 24138 FERN CRESCENT, MAPLE RIDGE A1 V4R 2S1
Leonard Harris director 4251 KIPLING ST STE 390, WHEAT RIDGE CO 80033
Jones Mark E Iii director 16360 PARK TEN PLACE, SUITE 217, HOUSTON TX 77084
John Hainey director 216 TOYNBEE TRAIL, SCARBOROUGH A6 M1E 1G9
Steven A Webster director 500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002
Daniel B Leonard director 4510 SILVER CLIFF COURT, CASTLE ROCK CO 80108
Crown Resources Corp 10 percent owner 4251 KIPLING STREET, SUITE 390, WHEAT RIDGE CO 80033