Recent Insider Trading: Solitario Exploration & Royalty Corp $XPL

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Solitario Exploration & Royalty Corp (ARCA:XPL) insider have most recently took part in a trading activity. On Aug 23, 2017 Herald Christopher E, President & CEO bought 2,000 shares having total worth of $1,560 at the price of $0.78 per share, following the transaction a total of 1,520,000 shares owned by Herald Christopher E. Before this latest buy, Herald Christopher E purchased XPL at 5 other times during the past twelve months, for a total investment of $8,684 at an average of $0.67 per share.

The stock has experienced a total of 7 insider trades in the past three months. These trades include 7 buy trades. Furthermore, over the past 12 months , the stock was traded 7 times by insiders. an employee of the company was the buyer in 7 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 7 0 -7.14%
12 Month 7 0 62.5%

Shares of Solitario Exploration & Royalty Corp (ARCA:XPL) traded down 2.5% on Aug 23, 2017, hitting $0.78. 122,869 shares of the company’s stock traded hands. Solitario Exploration & Royalty Corp has a 52 week low of $0.43 and a 52 week high of $0.91. The company’s market cap is $26 million.

Solitario Exploration & Royalty Corp was incorporated in the state of Colorado on November 15, 1984 as a wholly owned subsidiary of Crown Resources Corporation. In July 1994, Solitario became a publicly traded company on the Toronto Stock Exchange through its Initial Public Offering. On June 12, 2008, the Company changed its name to Solitario Exploration & Royalty Corp. from Solitario Resources Corporation. It is an exploration stage company with a focus on the acquisition of precious and base metal properties with exploration potential and the development or purchase of royalty interests. The Company acquired and hold a portfolio of exploration properties for future sale, joint venture, or to create a royalty prior to the establishment of proven and probable reserves. The Company is currently working on development activities related to its Mt. Hamilton project and intend to develop the Mt. Hamilton project, subject to a number of factors including obtaining necessary permits and availability of required capital, none of which is currently in place. The Company has recorded revenues from joint venture delay rental payments of $200,000 each year, respectively, related to its Bongará project in Peru during 2011, 2010 and 2009, and during 2011 recorded $42,000 of payment revenue related to its Mercurio project in Brazil. Previously, its last significant revenues were recorded in 2000 upon the sale of the Yanacocha property for $6,000,000. Future revenues from joint venture payments or the sale of properties, if any, will also occur on an infrequent basis. At December 31, 2011, it had 12 mineral exploration properties in the United States, Peru, Bolivia, Mexico and Brazil and its Yanacocha and La Tola royalty properties in Peru. It is conducting exploration activities in all of those countries. The Company’s exploration activities are subject to various national, state/provincial, and local laws and regulations, which govern prospecting, development, mining, production, exports, taxes, labor standards, occupational health, waste disposal, protection of the environment, mine safety, hazardous substances and other matters.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

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About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.