Solitario Resources (NYSEAMERICAN:XPL – Get Free Report) (TSE:SLR) posted its earnings results on Tuesday. The basic materials company reported ($0.03) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.01), Zacks reports.
Solitario Resources Stock Up 1.1 %
XPL traded up $0.01 during midday trading on Thursday, reaching $0.63. The company had a trading volume of 60,518 shares, compared to its average volume of 93,474. Solitario Resources has a 12-month low of $0.43 and a 12-month high of $0.98. The stock has a market cap of $51.31 million, a price-to-earnings ratio of -12.60 and a beta of 0.92.
Wall Street Analyst Weigh In
Separately, HC Wainwright lifted their price target on Solitario Resources from $1.10 to $1.20 and gave the stock a “buy” rating in a report on Wednesday, August 21st.
Solitario Resources Company Profile
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.
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