Solitario Exploration & Royalty Co (USA) – $XPL – Confident Investor Rating: Poor

Company name Solitario Exploration & Royalty Co (USA)
Stock ticker XPL
Live stock price [stckqut]XPL[/stckqut]
Confident Investor Rating Poor

The following company description is from Google Finance: http://www.google.com/finance?q=xpl

Solitario Exploration & Royalty Corp. is an exploration company. The Company is a gold producer with its development-stage Mt.Hamilton gold project in Nevada. The Company has a portfolio of royalty structured joint ventures on advanced mineral projects with partners, such as Votorantim Metais, Anglo Platinum and Newmont Mining. The Company’s advanced projects include Mt. Hamilton: gold project, the United States, Bongara: zinc-lead-silver, Peru, and Pedra Branca: platinum-palladium, Brazil. Its gold-silver exploration projects include Pachuca Real: silver-gold, Mexico and Cerro Azul: Gold-Silver, Peru. The Company’s base metal and polymetallic exploration projects include Chambara: zinc-lead-silver, Peru and La Promesa: silver-zinc-lead-indium, Peru. In December 2013, Solitario Exploration & Royalty Corp raised its interest to 23.537% from 3.233%, by acquiring a 20.304% stake in Ely Gold & Minerals Inc.
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in Solitario Exploration & Royalty Co (USA). It is not possible to confidently invest in a company that is not currently profitable.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor.

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