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Solitario Zinc Corp.(XPL)Earnings, Financials & Key Ratios
XPL•AMEX
$0.85
$78M mkt cap·Price updated May 6, 2026
AboutSolitario Zinc Corp., an exploration stage company, engages in the acquisition and exploration of zinc and other base metal properties in North and South America. The company holds a 50% operating 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. It also holds interest in the Golden Crest project located in western South Dakota, Lawrence County. The company was formerly known as Solitario Exploration & Royalty Corp. and changed its name to Solitario Zinc Corp. in July 2017. Solitario Zinc Corp. was incorporated in 1984 and is based in Wheat Ridge, Colorado.Show more
- Revenue$0
- EBITDA-$4M+26.9%
- Net Income-$4M+28.6%
- EPS (Diluted)-0.04+33.3%
- ROE-16.25%+26.7%
- ROIC-14.12%+24.8%
- Debt/Equity0.00-87.2%
XPL Key Insights
Solitario Zinc Corp. (XPL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
✗Weaknesses
- ✗Profits declining 32.5% over 5 years
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
XPL Price & Volume
Solitario Zinc Corp. (XPL) stock price & volume — 10-year historical chart
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XPL Growth Metrics
Solitario Zinc Corp. (XPL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM28.6%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM33.74%
Return on Capital
10 Years-13.81%
5 Years-17.24%
3 Years-20.22%
Last Year-18.67%
XPL Peer Comparison
Solitario Zinc Corp. (XPL) competitors in Base Metals Mining and Smelting — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 USAS | 2.06B | 6.49 | -15.45 | 5.28% | -56.17% | -122.08% | 0.45 | |
 EXK | 2.74B | 9.31 | -71.62 | 5.93% | -28.43% | -18.44% | 0.25 | |
 VZLA | 1.19B | 3.46 | -159.90 | -3.14% | ||||
 HL | 12.17B | 18.15 | 37.04 | 53.03% | 35.55% | 22.55% | 2.55% | 0.12 |
 CDE | 12.04B | 18.74 | 20.82 | 96.41% | 24.03% | 13.21% | 5.53% | |
 PAAS | 23.85B | 56.59 | 21.68 | 30.63% | 27.08% | 16.83% | 4.54% | 0.13 |
 NEM | 127.53B | 115.10 | 17.96 | 19.08% | 30.54% | 15.58% | 5.72% | 0.01 |
 FCX | 87.51B | 60.89 | 40.06 | 1.12% | 10.34% | 8.91% | 1.28% | 0.37 |
Compare XPL vs Peers
Solitario Zinc Corp. (XPL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
XPL Income Statement
Solitario Zinc Corp. (XPL) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 0 | 502K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | - | -100% | - | - | - | - | - | - |
| Cost of Goods Sold | 712K | 1.28M | 0 | 438K | 1.23M | 2.31M | 66K | 69K | 60K |
| COGS % of Revenue | - | 254.78% | - | - | - | - | - | - | - |
| Gross Profit | -712K▲ 0% | -777K▼ 9.1% | 0▲ 100.0% | -438K▲ 0% | -1.23M▼ 179.7% | -2.31M▼ 88.7% | -66K▲ 97.1% | -69K▼ 4.5% | -60K▲ 13.0% |
| Gross Margin % | - | -154.78% | - | - | - | - | - | - | - |
| Gross Profit Growth % | -12.48% | -9.13% | 100% | - | -179.68% | -88.73% | 97.15% | -4.55% | 13.04% |
| Operating Expenses | 1.2M | 1.95M | 3.17M | 1.04M | 952K | 1.36M | 4.05M | 5.99M | 4.37M |
| OpEx % of Revenue | - | 389.24% | - | - | - | - | - | - | - |
| Selling, General & Admin | 1.2M | 1.95M | 3.17M | 1.04M | 952K | 1.36M | 4.05M | 5.99M | 1.57M |
| SG&A % of Revenue | - | 389.24% | - | - | - | - | - | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.81M |
| Operating Income | -1.91M▲ 0% | -2.73M▼ 42.7% | -3.17M▼ 16.3% | -1.48M▲ 53.3% | -2.18M▼ 46.9% | -3.67M▼ 68.7% | -4.12M▼ 12.1% | -6.05M▼ 47.1% | -4.43M▲ 26.8% |
| Operating Margin % | - | -544.02% | - | - | - | - | - | - | - |
| Operating Income Growth % | 31.55% | -42.69% | -16.26% | 53.32% | -46.9% | -68.67% | -12.06% | -47.12% | 26.78% |
| EBITDA | -1.9M | -2.71M | -3.15M | -1.42M | -2.11M | -3.6M | -4.05M | -5.99M | -4.37M |
| EBITDA Margin % | - | -539.04% | - | - | - | - | - | - | - |
| EBITDA Growth % | 31.89% | -42.35% | -16.41% | 54.95% | -48.7% | -70.76% | -12.38% | -47.81% | 26.93% |
| D&A (Non-Cash Add-back) | 13K | 25K | 25K | 63K | 67K | 69K | 66K | 69K | 60K |
| EBIT | -1.91M | -2.73M | -3.2M | -939K | -2.37M | -3.93M | -3.75M | -5.37M | -4.43M |
| Net Interest Income | 0 | 192K | 252K | 127K | 123K | -532K | 191K | 372K | 256K |
| Interest Income | 0 | 192K | 252K | 127K | 123K | 131K | 191K | 372K | 256K |
| Interest Expense | 123K | 0 | 0 | 0 | 0 | 663K | 0 | 0 | 0 |
| Other Income/Expense | 972K | -867K | -114K | 543K | -190K | -256K | 361K | 686K | 600K |
| Pretax Income | -942K▲ 0% | -3.6M▼ 282.0% | -3.29M▲ 8.6% | -939K▲ 71.5% | -2.37M▼ 152.1% | -3.93M▼ 65.9% | -3.75M▲ 4.4% | -5.37M▼ 43.0% | -3.83M▲ 28.6% |
| Pretax Margin % | - | -716.73% | - | - | - | - | - | - | - |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -942K▲ 0% | -3.6M▼ 282.0% | -3.29M▲ 8.6% | -939K▲ 71.5% | -2.37M▼ 152.1% | -3.93M▼ 65.9% | -3.75M▲ 4.4% | -5.37M▼ 43.0% | -3.83M▲ 28.6% |
| Net Margin % | - | -716.73% | - | - | - | - | - | - | - |
| Net Income Growth % | 44.91% | -281.95% | 8.59% | 71.45% | -152.08% | -65.95% | 4.43% | -42.99% | 28.6% |
| Net Income (Continuing) | -942K | -3.6M | -3.29M | -939K | -2.37M | -3.93M | -3.75M | -5.37M | -3.83M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.02▲ 0% | -0.06▼ 214.8% | -0.07▼ 5.5% | -0.02▲ 75.1% | -0.04▼ 148.8% | -0.06▼ 51.6% | -0.05▲ 10.6% | -0.07▼ 21.4% | -0.04▲ 33.3% |
| EPS Growth % | 55.45% | -214.8% | -5.51% | 75.12% | -148.77% | -51.61% | 10.64% | -21.43% | 33.33% |
| EPS (Basic) | -0.02 | -0.06 | -0.07 | -0.02 | -0.04 | -0.06 | -0.05 | -0.07 | -0.04 |
| Diluted Shares Outstanding | 47.99M | 58.36M | 58.14M | 58.12M | 58.71M | 64.26M | 68.74M | 81M | 86.77M |
| Basic Shares Outstanding | 47.99M | 58.36M | 58.14M | 58.12M | 58.71M | 64.26M | 68.74M | 81M | 86.77M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
XPL Balance Sheet
Solitario Zinc Corp. (XPL) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 14.61M | 12.14M | 8.76M | 8.05M | 7.16M | 5.25M | 9.94M | 5.99M | 8.01M |
| Cash & Short-Term Investments | 14.5M | 11.93M | 8.44M | 8.02M | 6.86M | 5.22M | 9.67M | 5.93M | 7.95M |
| Cash Only | 214K | 117K | 574K | 605K | 462K | 316K | 200K | 81K | 82K |
| Short-Term Investments | 14.29M | 11.81M | 7.87M | 7.42M | 6.39M | 4.9M | 9.47M | 5.84M | 7.87M |
| Accounts Receivable | 0 | 0 | 268K | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 46K | 0 | 0 | 38K | 273K | 66K | 61K |
| Total Non-Current Assets | 15.78M | 15.77M | 15.78M | 15.75M | 16.46M | 16.78M | 16.82M | 17.05M | 17.02M |
| Property, Plant & Equipment | 15.78M | 15.76M | 15.75M | 15.7M | 16.45M | 16.78M | 16.81M | 16.81M | 230K |
| Fixed Asset Turnover | - | 0.03x | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 21K | 0 | 0 | 0 | 0 | 0 | 230K |
| Other Non-Current Assets | 4K | 4K | 4K | 53K | 7K | 4K | 4K | 234K | 16.56M |
| Total Assets | 30.39M▲ 0% | 27.9M▼ 8.2% | 24.53M▼ 12.1% | 23.8M▼ 3.0% | 23.62M▼ 0.8% | 22.03M▼ 6.7% | 26.76M▲ 21.4% | 23.04M▼ 13.9% | 25.03M▲ 8.6% |
| Asset Turnover | - | 0.02x | - | - | - | - | - | - | - |
| Asset Growth % | 72.56% | -8.2% | -12.08% | -2.98% | -0.76% | -6.71% | 21.44% | -13.89% | 8.64% |
| Total Current Liabilities | 141K | 688K | 269K | 174K | 276K | 263K | 632K | 368K | 215K |
| Accounts Payable | 141K | 688K | 228K | 157K | 239K | 228K | 593K | 258K | 208K |
| Days Payables Outstanding | 72.28 | 196.34 | - | 130.83 | 71.21 | 35.99 | 3.28K | 1.36K | 1.27K |
| Short-Term Debt | 0 | 0 | 41K | 10K | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | -228K | -593K | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 228K | 593K | 67K | 0 |
| Current Ratio | 103.64x | 17.64x | 32.55x | 46.26x | 25.94x | 19.98x | 15.73x | 16.28x | 37.26x |
| Quick Ratio | 103.64x | 17.64x | 32.55x | 46.26x | 25.94x | 19.98x | 15.73x | 16.28x | 37.26x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 125K | 125K | 132K | 125K | 160K | 125K | 175K | 152K | 145K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 7K | 0 | 35K | 0 | 50K | 7K | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 125K | 125K | 125K | 125K | 125K | 125K | 125K | 145K | 145K |
| Total Liabilities | 266K | 813K | 401K | 299K | 436K | 388K | 807K | 520K | 360K |
| Total Debt | 0 | 0 | 48K | 17K | 72K | 35K | 89K | 50K | 7K |
| Net Debt | -214K | -117K | -526K | -588K | -390K | -281K | -111K | -31K | -75K |
| Debt / Equity | - | - | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -15.56x | - | - | - | - | -5.92x | - | - | - |
| Total Equity | 30.13M▲ 0% | 27.09M▼ 10.1% | 24.13M▼ 10.9% | 23.5M▼ 2.6% | 23.18M▼ 1.4% | 21.65M▼ 6.6% | 25.95M▲ 19.9% | 22.52M▼ 13.2% | 24.67M▲ 9.5% |
| Equity Growth % | 72.28% | -10.09% | -10.92% | -2.61% | -1.36% | -6.63% | 19.88% | -13.22% | 9.55% |
| Book Value per Share | 0.63 | 0.46 | 0.42 | 0.40 | 0.39 | 0.34 | 0.38 | 0.28 | 0.28 |
| Total Shareholders' Equity | 30.13M | 27.09M | 24.13M | 23.5M | 23.18M | 21.65M | 25.95M | 22.52M | 24.67M |
| Common Stock | 584K | 582K | 581K | 581K | 620K | 648K | 796K | 816K | 909K |
| Retained Earnings | -40.34M | -43.37M | -46.65M | -47.59M | -49.96M | -53.89M | -57.64M | -63.01M | -66.84M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 576K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
XPL Cash Flow Statement
Solitario Zinc Corp. (XPL) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -1.66M | -1.36M | -2.64M | -1.01M | -2.16M | -2.9M | -3.26M | -5.1M | -3.57M |
| Operating CF Margin % | - | -270.32% | - | - | - | - | - | - | - |
| Operating CF Growth % | 9.65% | 18.15% | -94.47% | 61.73% | -113.56% | -34.45% | -12.52% | -56.27% | 29.99% |
| Net Income | -942K | -3.6M | -3.29M | -939K | -2.37M | -3.93M | -3.75M | -5.37M | -3.83M |
| Depreciation & Amortization | 13K | 25K | 62K | 63K | 67K | 69K | 66K | 69K | 60K |
| Stock-Based Compensation | 50K | 660K | 343K | 315K | 124K | 338K | 247K | 666K | 583K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 323K | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -849K | 1.06M | 749K | -359K | -10K | 407K | -170K | -294K | -291K |
| Working Capital Changes | 70K | 497K | -504K | -90K | -294K | 214K | 348K | -172K | -89K |
| Change in Receivables | 0 | 0 | -223K | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 223K | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 18K | 547K | -497K | -128K | -17K | -51K | 328K | -379K | -94K |
| Cash from Investing | 1.78M | 1.36M | 3.11M | 976K | 90K | 701K | -4.41M | 3.94M | -1.78M |
| Capital Expenditures | -2K | -10K | -5K | 0 | -635K | -340K | 0 | -67K | -31K |
| CapEx % of Revenue | - | 1.99% | - | - | - | - | - | - | - |
| Acquisitions | -417K | 0 | -224K | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -1.5M | -10K | -5K | 0 | -39K | -50K | -11K | 4M | -403K |
| Cash from Financing | -32K | -101K | -13K | 65K | 1.92M | 2.05M | 7.56M | 1.27M | 5.35M |
| Debt Issued (Net) | 0 | 0 | 0 | 70K | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | -32K | -101K | -13K | -5K | 1.84M | 2.02M | 7.1M | 1.22M | 5.35M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -32K | -101K | -13K | -5K | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 0 | 83K | 30K | 459K | 54K | 0 |
| Net Change in Cash | 95K▲ 0% | -97K▼ 202.1% | 457K▲ 571.1% | 31K▼ 93.2% | -143K▼ 561.3% | -146K▼ 2.1% | -116K▲ 20.5% | 111K▲ 195.7% | 1K▼ 99.1% |
| Free Cash Flow | -1.66M▲ 0% | -1.37M▲ 17.7% | -2.64M▼ 93.4% | -1.01M▲ 61.8% | -2.79M▼ 176.4% | -3.24M▼ 16.0% | -3.26M▼ 0.7% | -5.15M▼ 58.0% | -3.6M▲ 30.1% |
| FCF Margin % | - | -272.31% | - | - | - | - | - | - | - |
| FCF Growth % | 11.47% | 17.65% | -93.42% | 61.8% | -176.44% | -16.05% | -0.71% | -57.95% | 30.13% |
| FCF per Share | -0.03 | -0.02 | -0.05 | -0.02 | -0.05 | -0.05 | -0.05 | -0.06 | -0.04 |
| FCF Conversion (FCF/Net Income) | 1.76x | 0.38x | 0.80x | 1.08x | 0.91x | 0.74x | 0.87x | 0.95x | 0.93x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
XPL Key Ratios
Solitario Zinc Corp. (XPL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -9.67% | -3.96% | -12.58% | -12.84% | -3.94% | -10.14% | -17.52% | -15.77% | -22.15% | -16.25% |
| Return on Invested Capital (ROIC) | -23.93% | -6.07% | -7.2% | -9.42% | -4.78% | -7.14% | -12.47% | -13.08% | -18.79% | -14.12% |
| Gross Margin | - | - | -154.78% | - | - | - | - | - | - | - |
| Net Margin | - | - | -716.73% | - | - | - | - | - | - | - |
| Debt / Equity | - | - | - | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Interest Coverage | - | -15.56x | - | - | - | - | -5.92x | - | - | - |
| FCF Conversion | 1.07x | 1.76x | 0.38x | 0.80x | 1.08x | 0.91x | 0.74x | 0.87x | 0.95x | 0.93x |
| Revenue Growth | - | - | - | -100% | - | - | - | - | - | - |
XPL SEC Filings & Documents
Solitario Zinc Corp. (XPL) SEC filings — annual & quarterly reports (10-K, 10-Q)
XPL Frequently Asked Questions
Solitario Zinc Corp. (XPL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Solitario Zinc Corp. (XPL) grew revenue by 0.0% over the past year. Growth has been modest.
Solitario Zinc Corp. (XPL) reported a net loss of $3.8M for fiscal year 2025.
Dividend & Returns
Solitario Zinc Corp. (XPL) has a return on equity (ROE) of -16.2%. Negative ROE indicates the company is unprofitable.
Solitario Zinc Corp. (XPL) had negative free cash flow of $2.8M in fiscal year 2025, likely due to heavy capital investments.
Explore More XPL
Solitario Zinc Corp. (XPL) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
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Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates