XPL$0.4896+0.95%
Solitario Resources Corp.
Sector: Gold and Silver OresCountry: USExchange: NYSE
Mkt Cap:$46.42M
Float & O/S:
Inst Own:
DilutionScan read 13 of SOLITARIO RESOURCES CORP.'s SEC filings and found 1 ATM program, 3 shelf registrations and 2 completed offerings on file for XPL. The latest dilution event on file is ATM sales on Jun 30, 2026. Analysis updated Oct 7, 2026.
Signal8 Summary
13d old
XPL
Pre-revenue explorer funding active drilling
- Business
- WeakZero revenue, net loss $3.8M, 16.2-month runway
- Stock risk
- High$48M micro-cap, shares +7.1% YoY, ATM dilution ongoing
Snapshot
Solitario is a pre-revenue mining explorer with no sales for three straight years and a FY2025 net loss of $3.8M on $4.4M of operating losses. It holds $9.1M in cash with no debt, and Signal8 models roughly 16.2 months of runway.
What's Happening Right Now
- : CEO Chris Herald presented Solitario's full portfolio, including Golden Crest, Lik, Florida Canyon, Cat Creek and Bright Angel, at the John Tumazos Very Independent Research conference on October 6, 2026.
- : CEO Chris Herald presented the company's project portfolio, including recent Cat Creek and Golden Crest drilling, at the Mining Forum Americas conference on September 30, 2026.
- : Solitario reported preliminary visual results from its first two Cat Creek drill holes in Colorado, with porphyry-style copper-molybdenum mineralization observed over significant core widths; assays expected within two to three months.
- : Solitario sold 135,750 shares to major shareholder Newmont at $0.86 each for about $117,000 under an existing investor rights agreement, maintaining Newmont's roughly 9.4% stake.
- : Solitario completed phase-one drilling at Golden Crest in South Dakota; initial Ponderosa holes showed mostly low-level gold with one notable intercept, and seven more holes remain in assay.
- : Sold $1.45M net / 1.75M shares through its at-the-market program, as stated for Apr 1, 2026 to Jun 30, 2026.
- : Sold $2.65M net / 3.39M shares through its at-the-market program, as stated for Jan 1, 2026 to Jun 30, 2026.
- : Raised $235K in gross proceeds through a private placement (PIPE).
