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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 $0.70, up 0.57% from the previous day, and has increased 7.19% in one year. It has overperformed other stocks in the Other Industrial Metals & Mining industry by 0.36 percentage points. Solitario Resources stock is currently +63.02% from its 52-week low of $0.43, and -5.27% from its 52-week high of $0.74.

At the moment, there are 79.64M XPL shares outstanding. The market cap of XPL is $55.83M. In the past 24 hours, 108,658 XPL shares were traded.

How to Buy Solitario Resources Stock

Not sure how to invest in Solitario Resources stock? Here's how.
  1. 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.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Select your payment method and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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Step 3: Deposit money your brokerage account

Now that you have created your account on stock apps to use, you need to deposit funds:

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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 Price
$0.70
1w %
1.89%
1y %
7.19%
5y %
79.28%
P/E
-14.02x
P/B
2.15x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$3.75M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$55.83M
Next Earnings
May 10, 2024
Next Dividend
N/A

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 undervalued based on its P/B ratio of 2.15x, relative to Other Industrial Metals & Mining industry P/B ratio of 2.19x

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 0.03.
  • XPL has cash burn of 3263000. It has sufficient cash and short-term investments to cover this for at least one year.
  • XPL has $9.67M in cash and short term investments. This is enough to cover its annual cash burn of $3.26M.

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 1 Wall Street analysts who monitor XPL, the consensus analyst rating on XPL is a 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

SMA10
0.68
SMA20
0.65
SMA50
0.58
SMA100
0.56
SMA200
0.56
MACD
0.04
MACD Signal
0.04
MACD Histogram
0
RSI
65.71
Stochastic %K
73.7
Stochastic %D
72.73
StochRSI %K
36.59
StochRSI %D
38.55

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 5.3%.

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.

James Kb Hesketh, Director of XPL, was the latest XPL insider to sell. They sold $3,528.00 worth of XPL stock on Apr 4, 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

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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.

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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:

  1. Choose where to buy Solitario Resources stock
  2. Create your brokerage account
  3. Deposit money your brokerage account
  4. Analyze Solitario Resources stock
  5. Execute your XPL buy order
  6. Get the latest news on your XPL investment

If you are looking for a brokerage account, eToro is our recommended option.

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If you would like to monitor your investment in Solitario Resources, add XPL to your watchlist below.

NYSEMKT: XPL
$0.70+0.00 (+0.57%)
Updated Apr 18, 2024
Open eToro Account
NYSEMKT: XPL
$0.70+0.00 (+0.57%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Solitario Resources share?

As of Apr 18, 2024, it costs $0.70 to buy one share of Solitario Resources stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.35, you can buy 0.5 shares of XPL.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Solitario Resources stock?

According to 1 Wall Street analysts who monitor Solitario Resources, their consensus recommendation is to buy Solitario Resources stock.

What is the best way to buy Solitario Resources stock?

One way to place an order for Solitario Resources stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.