$0.83
-0.29%Solitario 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.
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Base year metrics used for projections
Forecast period and terminal assumptions
Calculation flow from present value to intrinsic value per share
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$4.6M | -$6.0M | -$7.9M | -$10.2M | -$13.3M | -$17.3M | -$22.6M | -$29.4M | -$38.2M | -$49.7M |
| Maintenance CapEx | -$8.1K | -$10.5K | -$13.7K | -$17.8K | -$23.1K | -$30.1K | -$39.2K | -$51.0K | -$66.4K | -$86.3K |
| Owner Earnings | -$4.7M | -$6.1M | -$7.9M | -$10.3M | -$13.3M | -$17.4M | -$22.6M | -$29.4M | -$38.3M | -$49.8M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | -$4.3M | -$5.2M | -$6.3M | -$7.5M | -$9.1M | -$10.9M | -$13.2M | -$15.9M | -$19.1M | -$23.1M |
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.