How to Buy Solitario Resources Stock
Solitario Resources Corp
Solitario Zinc Corp. , an exploration stage company, engages in the acquisition, exploration, and development of zinc properties in North and South America.
Solitario Resources stock last closed at $0.60, up 2.76% from the previous day, and has increased 10.17% in one year. It has overperformed other stocks in the Other Industrial Metals & Mining industry by 0.18 percentage points. Solitario Resources stock is currently +38.6% from its 52-week low of $0.43, and -39.18% from its 52-week high of $0.98.
At the moment, there are 81.44M XPL shares outstanding. The market cap of XPL is $48.54M. In the past 24 hours, 32,975 XPL shares were traded.
How to Buy Solitario Resources Stock
Not sure how to invest in Solitario Resources stock? Here's how.
- Choose where to buy Solitario Resources stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy Solitario Resources stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Select your payment method and add your information.
- Analyze Solitario Resources stock: The Solitario Resources ticker symbol is XPL. Is Solitario Resources stock a good investment? Should you buy shares of XPL? How do XPL's underlying business fundamentals look? Do top analysts think Solitario Resources is a good buy? Why has XPL's stock price moved recently? (Hint: Our stock market research website can help you figure out if XPL is a good stock to buy).
- Execute your XPL buy order: Decide if you will purchase XPL shares at the current market price or use a limit order to purchase XPL shares at a specific price.
- Get the latest news on your XPL investment: Create a watchlist to important updates regarding your position in Solitario Resources stock.
Step 1: Choose where to buy Solitario Resources stock
You will need an online brokerage account in order to access the NYSEMKT market and buy XPL shares.
Our favorite brokerage: eToro
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- Buy other assets: Such as ETFs and cryptocurrencies.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal info so you can buy XPL stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open your new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have created your account on stock apps to use, you need to deposit funds:
Check out this video walkthrough for more details transferring funds into your brokerage account.
Step 4: Analyze Solitario Resources stock
After you have figured out the best place to buy Solitario Resources stock, it's very important to analyze their stock before you invest, so you actually wrap your head around the risk and opportunity.
Solitario Resources stock quick numbers
XPL Fundamentals
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on XPL's stock page.
How is XPL stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge XPL's intrinsic value.
Using relative valuations methods:
- XPL could be overvalued based on its P/B ratio of 2.02x, relative to Other Industrial Metals & Mining industry P/B ratio of 1.9x
You can access more valuation research on XPL's stock here.
XPL Financials at a glance
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the XPL balance sheet.
- There are more short-term assets than short-term liabilities on the XPL balance sheet.
- XPL has a low debt to equity ratio of 0.04.
- XPL has cash burn of 3984000. It has sufficient cash and short-term investments to cover this for at least one year.
- XPL has $7.88M in cash and short term investments. This is enough to cover its annual cash burn of $3.98M.
Failed Health Checks:
- Total XPL debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy XPL stock
Out of 2 Wall Street analysts who monitor XPL, the consensus analyst rating on XPL is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Solitario Resources stock forecast page.
XPL Technicals
XPL Performance Numbers
Last year, XPL revenue was $0.00. During the last five year, XPL's revenue has increased by -100% per year. This was slower than the Other Industrial Metals & Mining industry average of 4.78%.
You can research XPL's earnings and revenue performance here.
Who is buying/selling XPL?
Over the last 12 months, executives and large shareholders at XPL have bought more shares than they have sold.
Walter H. Hunt, was the latest XPL insider to buy. They bought $40,000.00 worth of XPL stock on Jul 19, 2024.
Learn more about who owns XPL shares here.
Does XPL stock generate passive income?
No, Solitario Resources doesn't provide an income stream by paying out dividends.
XPL Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your XPL buy order
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact price limit, use a limit order.
Hit the Open button and eToro will execute your order.
If you need additional assistance buying stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your XPL investment
Now that you own some XPL shares, you'll want to stay up-to-date on your investment.
Start a watchlist to get alerted to the latest events about your XPL stock.
XPL Feed
How to Buy Stock in Solitario Resources
To summarize, here are the 6 steps you need to take to buy Solitario Resources stock right now:
- Choose where to buy Solitario Resources stock
- Create your brokerage account
- Deposit money your brokerage account
- Analyze Solitario Resources stock
- Execute your XPL buy order
- Get the latest news on your XPL investment
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to monitor your investment in Solitario Resources, add XPL to your watchlist below.
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