NYSE : SPMC

Sound Point Meridian Capital Inc

$10.2 USD

$0.08 (0.79%)

Volume
6.52K
Average Volume
28.71K
Market Capitalization
$209.48M
P/E Ratio
-1.21
Dividend Yield
27.45%
Price Target
$11.75
Year High
$18.60
Year Low
$8.36
Day High
Day Low
Payout Ratio
-$165.98
Current Ratio
$1.46
Company Overview

NYSE

Ujjaval Desai

Asset Management

Financial Services

SPMC

N/A

US

USD

212 895 2280

83617A108

0001930147

Liquidity Metrics

0.30

1.46

1.46

1.46

-165.98

Sales & Valuation

-$107.97M

2.02

1.06

-0.01

-1002.76

Profitability

-$6.12

-$126.23M

-167.33%

-167.33%

-54.67%

-46.44%

P/E Metrics

-1.21

0.00

0.00

Analyst Price Target & Rating

$11.75

$12.00

$11.50

Sell

2/5

2 Analysts

-13.19%

Poll Results

About Sound Point Meridian Capital Inc (NYSE:SPMC) Stock

Sound Point Meridian Capital, LLC functions as a closed-end investment firm based in the United States. The company's primary investment strategy involves allocating capital to the equity and mezzanine layers of collateralized loan obligations (CLOs). These CLOs are backed by diversified pools of predominantly lower-rated, U.S. senior secured debt. Established in 2022, its operations are headquartered in New York, New York. ...

South Pacific Intersects 5 Metres at 12.84 g/t AuEq (Including 2 Metres at 28.06 g/t AuEq) and 12.2 Metres at 6.24 g/t AuEq (Including 2 Metres at 16.65 g/t AuEq) in Three Mineralised Zones Within One Drill Hole at Recently Discovered Structure at Ontenu

2026-07-06 07:30:00

Vancouver, British Columbia--(Newsfile Corp. - July 6, 2026) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company") is pleased to announce outstanding assay results from drill hole ONED26-009 at its 100%-owned Ontenu Project, located adjacent to K92 Mining's Kainantu gold-copper mine in Papua New Guinea. The results represent a significant step forward to confirming the Company's hypothesis that Ontenu hosts high-grade epithermal gold-copper veins.

South Pacific Metals Intersects 12 m at 3.1 g/t Gold, Including 1 m at 18.1 g/t Gold, at New Megabe Target, Ontenu NE; Provides Corporate Update Across Its Multi-Asset PNG Gold-Copper Portfolio

2026-06-16 07:30:00

Drill hole ONED26-007 returns 12 m at 3.1 g/t Au, including 1 m at 18.1 g/t Au, at the new Megabe target; two rigs turning at Ontenu NE within the Osena Project, with a porphyry test being prepared at Ontenu Central; surface exploration and drill-target definition advancing at the Anga Project, adjacent to K92 Mining's operation; reconnaissance at May River secures community consent and site access Vancouver, British Columbia--(Newsfile Corp. - June 16, 2026) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or "South Pacific Metals" or the "Company") is pleased to report new high-grade gold drill results from its Ontenu NE project and to provide a corporate update across its portfolio of gold-copper exploration projects in Papua New Guinea ("PNG"). Drill hole ONED26-007, the first hole testing the new Megabe target at Ontenu NE, returned 12 m at 3.1 g/t Au, including 1 m at 18.1 g/t Au.

South Pacific Metals Engages Marketing Services and Grants Stock Options

2026-06-05 19:27:00

Vancouver, British Columbia--(Newsfile Corp. - June 5, 2026) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or "South Pacific Metals" or the "Company") announces that it has entered into an online marketing agreement dated June 5, 2026, with i2i Marketing Group, LLC ("i2i"), pursuant to which i2i will provide corporate marketing and investor awareness services to the Company, including, but not limited to, content creation management, author sourcing, project management and media distribution (the "Agreement"). The Company has agreed to an initial creation and media budget of US$300,000 (the "Initial Media Budget").

Sound Point Meridian Capital, Inc. (SPMC) Q4 Earnings and Revenues Lag Estimates

2026-05-27 09:46:08

Sound Point Meridian Capital, Inc. (SPMC) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.66 per share a year ago.

Sound Point Meridian Capital, Inc. Announces Results for the Fourth Fiscal Quarter Ended March 31, 2026

2026-05-27 07:00:00

NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA, SPME), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today announced results for the fourth fiscal quarter ended March 31, 2026. FOURTH FISCAL QUARTER ENDED MARCH 31, 2026 RESULTS Net asset value per share of common stock was $9.63 as of March 31, 2026. Net investment income (“NII”) was $7.0 million, or $.

Sound Point Meridian Capital, Inc. Announces Second Fiscal Quarter 2027 Common and Preferred Distributions

2026-05-20 17:16:00

NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA, SPME), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today is pleased to announce the declaration of distributions on shares of the Company's common and preferred stock for the second fiscal quarter 2027 (third calendar quarter of 2026). The Company is declaring a monthly distribution of $0.20 per share o.

South Pacific Metals Drills 92 m of Mineralisation at Ontenu NE; Peak Intercepts Return 9.92 g/t Gold and 2.35% Copper

2026-05-20 06:30:00

Mineralisation hit in 5 of 7 holes; high-grade intercepts at Onki (9.92 g/t Au, 2.35% Cu) and Jorkol (3.16 g/t Au with 602 ppm Bi) confirm SPMC is drilling within a mineralised hydrothermal system — ongoing drilling will target the productive, high-grade parts of the veins. Vancouver, British Columbia--(Newsfile Corp. - May 20, 2026) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company") reports results from the first-ever drill program at its Ontenu NE project in Papua New Guinea — seven holes for 2,266 m completed to date within the wider Osena Project area on the Kainantu Transfer Zone, the same regional structural corridor that hosts K92 Mining's producing Kainantu gold-copper mine (see Figure 6).

Sound Point Meridian Capital, Inc. Schedules Fourth Fiscal Quarter Ended March 31, 2026 Earnings Release and Conference Call

2026-05-13 08:00:00

Sound Point Meridian Capital, Inc. (NYSE: SPMC), a closed-end management investment company that has registered as an investment company under the Investment C

Frequently Asked Questions

What is the current Sound Point Meridian Capital Inc (SPMC) stock price?

Sound Point Meridian Capital Inc(NYSE:SPMC) stock price is $10.2 in the last trading session. During the trading session, SPMC stock reached the peak price of $18.6 while $8.36 was the lowest point it dropped to. The percentage change in SPMC stock occurred in the recent session was 0.79% while the dollar amount for the price change in SPMC stock was $0.08.

SPMC's industry and sector of operation?

The NYSE listed SPMC is part of Asset Management industry that operates in the broader Financial Services sector.

Who are the executives of SPMC?

Joshua Harris | Head of Public Fund Accounting
Daniel Steven Fabian | Chief Financial Officer
Lucas D. Foss | Chief Compliance Officer
Ujjaval Desai | Chief Executive Officer & Director
Andrea Sayago | Corporate Secretary

How many employees does SPMC have?

Number of SPMC employees currently stands at None. SPMC operates from 375 Park Avenue, New York City, NY 10152, US.

Link for SPMC official website?

Official Website of SPMC is: https://www.soundpointmeridian.com

How do I contact SPMC?

SPMC could be contacted at phone #212 895 2280 and can also be accessed through its website. SPMC operates from 375 Park Avenue, New York City, NY 10152, US.

How many shares of SPMC are traded daily?

The average number of SPMC shares traded daily for last 3 months was 28.71K.

What is the market cap of SPMC currently?

The market value of SPMC currently stands at $209.48M with its latest stock price at $10.2