Solaris Resources Inc. (TSE:SLS - Get Free Report)'s share price traded up 1.7% on Thursday . The company traded as high as C$4.31 and last traded at C$4.28. 271,997 shares were traded during mid-day trading, an increase of 15% from the average session volume of 235,521 shares. The stock had previously closed at C$4.21.
Wall Street Analysts Forecast Growth
Separately, National Bankshares decreased their price objective on shares of Solaris Resources from C$9.00 to C$8.50 and set an "outperform" rating for the company in a research note on Tuesday, October 15th.
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Solaris Resources Stock Performance
The firm has a 50 day moving average of C$3.76 and a 200-day moving average of C$3.61. The company has a market cap of C$731.70 million, a P/E ratio of -10.02 and a beta of 1.90. The company has a quick ratio of 1.29, a current ratio of 5.37 and a debt-to-equity ratio of 93.10.
About Solaris Resources
(
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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.
Further Reading
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