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Solaris Resources (TSE:SLS) Stock Price Down 0.8% - Should You Sell?

Solaris Resources logo with Basic Materials background
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Solaris Resources Inc. (TSE:SLS - Get Free Report) was down 0.8% on Thursday . The company traded as low as C$4.95 and last traded at C$5.04. Approximately 193,274 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 258,920 shares. The stock had previously closed at C$5.08.

Solaris Resources Price Performance

The firm has a market capitalization of C$555.22 million, a P/E ratio of -8.43 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 business has a 50 day simple moving average of C$5.02 and a two-hundred day simple moving average of C$4.28.

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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