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Solaris Resources (TSE:SLS) Hits New 12-Month High - Should You Buy?

Solaris Resources logo with Basic Materials background

Shares of Solaris Resources Inc. (TSE:SLS - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as C$5.71 and last traded at C$5.71, with a volume of 11341 shares. The stock had previously closed at C$5.58.

Solaris Resources Stock Performance

The company has a market capitalization of C$649.28 million, a price-to-earnings ratio of -9.86 and a beta of 1.90. 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 company's fifty day simple moving average is C$4.85 and its two-hundred day simple moving average is C$3.88.

Solaris Resources Company Profile

(Get Free Report)

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.

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