Sound Point Meridian Capital Inc (SPMC)
$
18.35
+0.14 (0.76%)
Key metrics
Financial statements
Free cash flow per share
Market cap
Price to sales ratio
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Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Sound Point Meridian Capital, LLC operates as a closed-end management investment company in the United States. It focuses on investing primarily in equity and mezzanine tranches of collateralized loan obligations, which are collateralized by portfolios consisting primarily of below-investment grade U.S. senior secured loans. The company was founded in 2022 and is based in New York, New York.
News
newsfilecorp.com
Vancouver, British Columbia--(Newsfile Corp. - July 2, 2025) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or "South Pacific Metals" or the "Company") is pleased to announce the appointment of Mr. Timo Jauristo as Chief Executive Officer of the Company, effective June 30, 2025.
newsfilecorp.com
Vancouver, British Columbia--(Newsfile Corp. - June 16, 2025) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or "South Pacific Metals" or the "Company") announces that Ms. Cathy Fitzgerald will be stepping down as an officer and director of the Company, effective July 11, 2025.
newsfilecorp.com
Vancouver, British Columbia--(Newsfile Corp. - June 4, 2025) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or "South Pacific Metals" or the "Company") is pleased to announce the appointment of Mr. Timo Jauristo as a Strategic Advisor to the Company.
seekingalpha.com
Sound Point Meridian Capital Inc (NYSE:SPMC ) Q4 2025 Earnings Conference Call May 29, 2025 11:00 AM ET Company Participants Julie Smith - IR Ujjaval Desai - CEO Kevin Gerlitz - CFO Conference Call Participants Erik Zwick - Lucid Capital Markets Tim D'Agostino - B. Riley Operator Good morning, ladies and gentlemen, and welcome to the Sound Point Meridian Capital Inc Fourth Fiscal Quarter Ended March 31, 2025 Earnings Conference Call.
newsfilecorp.com
New Epithermal Structures Discovered Ahead of June Drill Launch in Tier-One Mining District Adjacent to K92 Vancouver, British Columbia--(Newsfile Corp. - May 29, 2025) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company") is thrilled to announce the discovery of a highly prospective gold-copper surface mineralized system at the Ontenu NE target within its flagship Osena Project in Papua New Guinea, just one kilometre south of and geologically analogous to K92 Mining's prolific Kainantu gold mine. Highlights of the Discovery Rock chip assays returning up to 10.3% copper ("Cu"), 3.1% Cu & 2.06% Cu, and 1.7 g/t gold ("Au") at surface; Multiple plus-500 metre gold-in-soil anomalies, with values peaking at 216 ppb Au, over a greater than 3 kilometre ("km") mineralized corridor; Newly mapped NW-SE striking high-sulphidation structures exhibit hallmark Kainantu-style pathfinders: Au-Cu + Ag-Bi-Te-Zn; Phase 2 trenching underway at Ontenu Central ahead of drilling, with Trench 1 previously returning: 4 m @ 4.52 g/t Au, 0.13% Cu, 0.23% Zn 16 m @ 1.25 g/t Au 79 m @ 0.75 g/t Au, 981 ppm Cu Company-owned diamond drill rig en route to site, with a priority drill campaign set to commence in June.
zacks.com
Sound Point Meridian Capital, Inc. (SPMC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
seekingalpha.com
CLO equity is popular but often overvalued; fixed income instruments from ECC and SPMC offer more attractive risk-adjusted returns. ECCW Baby Bond offers a 6.75% annual dividend, trading at $23 with an 8.92% yield to maturity, poised to outperform the common stock. SPMA preferred stock provides an 8% annual dividend, trading at $24.49 with an 8.9% yield to maturity, and is relatively safe due to the low leverage of the company.
newsfilecorp.com
Highlights: Irinke Extension Gold Prospects, a potential extension of K92's Arakompa gold system, is a new cluster of four priority gold exploration targets revealed within a broad 4 km by 4 km area by advanced lithogeochemistry; Arakompa-like geochemical signature of the Irinke Prospect now confirmed; Sampling underway across prospects, with assay results expected in May/June timeframe to help refine growing target pipeline; and Newly purchased diamond drill rig scheduled to arrive in-country mid-June, with year-round drilling to begin soon after. Vancouver, British Columbia--(Newsfile Corp. - April 30, 2025) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company") is pleased to announce new exploration work programs are underway at the Anga Project, following surface geochemistry targeting results confirming the Irinke Prospect's priority nature and identifying several new gold prospects extensional to Irinke.
newsfilecorp.com
Vancouver, British Columbia--(Newsfile Corp. - April 8, 2025) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company") is pleased to announce the acquisition of its first man-portable diamond drill, following the successful close of its C$6.3 million financing. Designed for efficient core drilling to depths of 500+ metres in remote locations, the new MultiPower MP500 Diamond Core Drill can operate year-round and will support faster and more cost-effective mobilization efforts across SPMC's 3,100 km² portfolio of four gold-copper projects in Papua New Guinea.
newsfilecorp.com
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2025) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company") is pleased to report the successful completion of the Warden's Hearing for the renewal of Exploration License EL 2310, covering the 253 km2 concession comprising the Kili Teke Copper-Gold Project (the "Project"), located in Papua New Guinea. The Project currently hosts an Inferred Mineral Resource defined on only a portion of the system: the Central Porphyry hosts 1.81 Moz Au, 802 kt Cu & 40 kt Mo contained metal, in 237 Mt at 0.34% cu, 0.24 g/t Au &, 168 ppm Mo 1 (see January 12, 2023, press release and technical report available on SEDAR+ under the Company's profile at www.sedarplus.ca).
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