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Solitario Resources XPL Exploration Expense

Exploration Expense at other companies

U.S. GoldMining Inc. logo
U.S. GoldMining Inc.USGO
$531.84K+138%
U.S. Gold Corp. logo
U.S. Gold Corp.USAU
$436.91K-41.4%
NEX
NexMetals Mining Corp. Common SharesNEXM
772,039,500%+158,461,800pp
Trilogy Metals logo
Trilogy MetalsTMQ
$25K
Perpetua Resources Corp. logo
Perpetua Resources Corp.PPTA
$53.1M+306%
Ivanhoe Electric logo
Ivanhoe ElectricIE
$23.21M+47.0%

Other financials

Income statement

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Net income-$494.0K+3.3%
EPS (diluted)-$0.010.0%

Balance sheet

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Cash & equivalents$397.0K-5.3%
Total debt$7.0K-86.0%
Total equity$25.4M+14.1%
Total assets$25.9M+12.6%

Cash flow

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Operating cash flow-$473.0K+20.9%

Valuation

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Market cap$70.02M+18.4%

Returns & leverage

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Return on equity-16%-3.3pp
Debt / equity0.0×
Current ratio32.7×+21.5×

Where this comes from

Reported directly by Solitario Resources in its filing.

Tagged under the XBRL concept us-gaap:ExplorationExpense.

The official record: Solitario Resources’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Solitario Resources's exploration expense?
Solitario Resources (XPL) reported exploration expense of $182K in Q1 2026.
How has Solitario Resources's exploration expense changed year-over-year?
Solitario Resources's exploration expense decreased by 23.8% year-over-year, from $239K to $182K.
What is the long-term trend for Solitario Resources's exploration expense?
Over 3 years (2022 to 2025), Solitario Resources's exploration expense has grown at a 7.6% compound annual growth rate (CAGR), from $2.28M to $2.85M.
What does exploration expense mean?
This represents the total costs incurred by a company to identify, evaluate, and assess the viability of potential mineral deposits. It encompasses geological surveys, drilling programs, and feasibility studies necessary to advance exploration-stage assets. For investors, this metric indicates the company's commitment to future resource growth and the intensity of its capital allocation toward project development.