Shares of Solitario Resources Corp. (NYSEAMERICAN:XPL - Get Free Report) TSE: SLR passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $0.67. Solitario Resources shares last traded at $0.64, with a volume of 41,844 shares trading hands.
Analyst Upgrades and Downgrades
Separately, HC Wainwright reiterated a "buy" rating and set a $1.20 target price on shares of Solitario Resources in a report on Tuesday, December 10th.
Check Out Our Latest Analysis on Solitario Resources
Solitario Resources Stock Performance
The company has a market capitalization of $46.83 million, a P/E ratio of -9.58 and a beta of 0.89.
Solitario Resources (NYSEAMERICAN:XPL - Get Free Report) TSE: SLR last released its quarterly earnings results on Monday, November 11th. The basic materials company reported ($0.03) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.01). On average, equities analysts anticipate that Solitario Resources Corp. will post -0.05 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of the company. Focused Wealth Management Inc increased its position in Solitario Resources by 19.3% during the 3rd quarter. Focused Wealth Management Inc now owns 370,900 shares of the basic materials company's stock valued at $260,000 after buying an additional 60,000 shares in the last quarter. U S Global Investors Inc. acquired a new position in shares of Solitario Resources during the second quarter valued at about $266,000. Geode Capital Management LLC boosted its stake in Solitario Resources by 11.4% in the 3rd quarter. Geode Capital Management LLC now owns 579,870 shares of the basic materials company's stock worth $406,000 after purchasing an additional 59,573 shares in the last quarter. Finally, Renaissance Technologies LLC grew its position in Solitario Resources by 11.1% during the 2nd quarter. Renaissance Technologies LLC now owns 868,872 shares of the basic materials company's stock worth $769,000 after purchasing an additional 86,854 shares during the last quarter. Institutional investors own 18.23% of the company's stock.
Solitario Resources Company Profile
(
Get Free Report)
Solitario Resources Corp., an exploration stage company, engages in the acquisition and exploration of precious metal, zinc, and other base metal properties in North and South America. The company holds 50% interest in the Lik zinc-lead-silver property located in Northwest Alaska; 39% interest in the Florida Canyon zinc project located in northern Peru; and 85% interest in the Chambara exploration project located in Peru.
Further Reading
Before you consider Solitario Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Solitario Resources wasn't on the list.
While Solitario Resources currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
