Christopher Herald - Solitario Exploration President, Chief Executive Officer, Director
| SLR Stock | CAD 0.87 0.05 6.10% |
CEO
Mr. Christopher Engle Herald is President, Chief Executive Officer, Director of the Company. Mr. Herald was a director of Solitario since August 1992. He has also served as Chief Executive Officer since June 1999 and President since August 1993. Mr. Herald also served as a director of Crown starting in April 1989, as Chief Executive Officer of Crown starting in June of 1999, President of Crown from November 1990 until August 2006, when he resigned from such positions upon completion of the CrownKinross Merger. In evaluating Mr. Heralds qualifications to serve as a director, the Board of Solitario believes his leadership of Solitario since Solitarios inception as Chief Executive Officer, as well as his knowledge of the operations, make him an invaluable member of the Board. In addition, Mr. Herald has shown a keen insight in the evaluation of various opportunities in the mining industry, including the acquisition of properties for exploration and potential merger and acquisition candidates for Solitario. Mr. Herald has a track record of operating mining companies both with Crown and Solitario and the Board believes these are significant contributors to the success of Solitario. Prior to joining Crown, Mr. Herald was a Senior Geologist with Echo Bay Mines and Anaconda Minerals. Mr. Herald was formerly a director of Underworld Resources Inc. from June 2009 to June 2011, and Atna Resources from May 2009 to June 2015. Mr. Herald is past Chairman of the Denver Gold Group, a nonprofit industry trade group that organizes the preeminent gold mining industry institutional conferences in the United States and Europe since 1999.
| Age | 65 |
| Tenure | 25 years |
| Address | 4251 Kipling Street, Wheat Ridge, CO, United States, 80033 |
| Phone | 303-534-1030 |
| Web | https://www.solitarioxr.com |
Solitario Exploration Management Efficiency
The company has return on total asset (ROA) of (0.1519) % which means that it has lost $0.1519 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.211) %, meaning that it generated substantial loss on money invested by shareholders. Solitario Exploration's management efficiency ratios could be used to measure how well Solitario Exploration manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of November 2024, Return On Tangible Assets is likely to drop to -0.15. In addition to that, Return On Capital Employed is likely to drop to -0.16. As of the 23rd of November 2024, Total Assets is likely to drop to about 21.2 M. In addition to that, Non Current Assets Total is likely to drop to about 13.8 MManagement Performance
| Return On Equity | -0.21 | ||||
| Return On Asset | -0.15 |
Solitario Exploration Leadership Team
Elected by the shareholders, the Solitario Exploration's board of directors comprises two types of representatives: Solitario Exploration inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Solitario. The board's role is to monitor Solitario Exploration's management team and ensure that shareholders' interests are well served. Solitario Exploration's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Solitario Exploration's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Christopher Herald, President, Chief Executive Officer, Director | ||
| Walter Hunt, Chief Operating Officer, Vice President - Operations, President, South American Operations | ||
| Christopher MSc, CEO President | ||
| John Labate, Independent Director | ||
| James Hesketh, Independent Director | ||
| Joshua Crumb, Independent Director | ||
| Brian Labadie, Independent Chairman of the Board | ||
| Gil Atzmon, Independent Director | ||
| James Maronick, Chief Financial Officer, Treasurer, Secretary |
Solitario Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Solitario Exploration a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.21 | ||||
| Return On Asset | -0.15 | ||||
| Current Valuation | 56.91 M | ||||
| Shares Outstanding | 81.44 M | ||||
| Shares Owned By Insiders | 17.72 % | ||||
| Shares Owned By Institutions | 19.91 % | ||||
| Number Of Shares Shorted | 7.5 K | ||||
| Price To Earning | (21.95) X | ||||
| Price To Book | 1.99 X | ||||
| Price To Sales | 29.07 X |
Pair Trading with Solitario Exploration
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Solitario Exploration position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Solitario Exploration will appreciate offsetting losses from the drop in the long position's value.Moving together with Solitario Stock
Moving against Solitario Stock
| 0.76 | BOFA | Bank of America | PairCorr |
| 0.75 | RY | Royal Bank | PairCorr |
| 0.69 | RY-PS | Royal Bank | PairCorr |
| 0.68 | RY-PM | Royal Bank | PairCorr |
| 0.65 | RY-PJ | Royal Bank | PairCorr |
The ability to find closely correlated positions to Solitario Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solitario Exploration when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Solitario Exploration - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Solitario Exploration Royalty to buy it.
The correlation of Solitario Exploration is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Solitario Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solitario Exploration moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Solitario Exploration can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solitario Exploration Royalty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.