Solaris Resources (TSE:SLS) Price Target Raised to C$10.50

Solaris Resources (TSE:SLS - Get Free Report) had its price objective lifted by research analysts at National Bankshares from C$10.00 to C$10.50 in a note issued to investors on Wednesday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. National Bankshares' price target would indicate a potential upside of 171.32% from the company's previous close.

Solaris Resources Trading Down 6.7 %

SLS stock traded down C$0.28 on Wednesday, reaching C$3.87. The company's stock had a trading volume of 327,724 shares, compared to its average volume of 281,516. The company has a debt-to-equity ratio of 712.38, a quick ratio of 1.29 and a current ratio of 4.62. The business has a fifty day simple moving average of C$4.99 and a two-hundred day simple moving average of C$4.34. The firm has a market cap of C$443.94 million, a PE ratio of -6.74 and a beta of 1.90. Solaris Resources has a 12-month low of C$2.58 and a 12-month high of C$5.90.

Solaris Resources Company Profile

Solaris Resources Inc engages in exploration of mineral properties. It focuses on exploring copper, molybdenum, gold, lead, zinc, and silver. The company's flagship project is the 100% owned Warintza Copper and Gold Project comprising nine metallic mineral concessions, which covers an area of 268 km2 located in Ecuador.