FY2024 EPS Estimates for Solitario Resources Cut by Analyst

Solitario Resources Corp. (NYSEAMERICAN:XPL) (TSE:SLR) – Investment analysts at Roth Capital lowered their FY2024 earnings per share estimates for Solitario Resources in a research report issued to clients and investors on Monday, February 10th. Roth Capital analyst M. Niehuser now forecasts that the basic materials company will post earnings of ($0.07) per share for the year, down from their previous forecast 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 issued a $1.20 target price on shares of Solitario Resources in a research report on Friday, February 7th.

Solitario Resources Stock Performance

NYSEAMERICAN:XPL opened at $0.71 on Wednesday. Solitario Resources has a twelve month low of $0.43 and a twelve month high of $0.98.

Institutional Investors Weigh In On Solitario Resources

An institutional investor recently raised its position in Solitario Resources stock. Focused Wealth Management Inc raised its holdings in shares of Solitario Resources Corp. (NYSEAMERICAN:XPL) (TSE:SLR) by 19.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 370,900 shares of the basic materials company’s stock after purchasing an additional 60,000 shares during the period. Focused Wealth Management Inc owned 0.46% of Solitario Resources worth $260,000 as of its most recent SEC filing. Institutional investors 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.