Shares of Solaris Resources Inc. (TSE:SLS – Get Rating) fell 1.3% during mid-day trading on Tuesday . The stock traded as low as C$6.67 and last traded at C$6.67. 59,369 shares were traded during trading, a decline of 71% from the average session volume of 206,933 shares. The stock had previously closed at C$6.76.
Analyst Upgrades and Downgrades
Separately, National Bankshares dropped their price target on shares of Solaris Resources from C$22.00 to C$16.00 in a research note on Wednesday, July 6th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$20.50.
Solaris Resources Stock Down 1.3 %
The stock has a market cap of C$763.63 million and a P/E ratio of -9.33. The stock’s 50-day moving average is C$7.10 and its 200-day moving average is C$10.58. The company has a current ratio of 2.87, a quick ratio of 2.77 and a debt-to-equity ratio of 0.75.
Solaris Resources Company Profile
Solaris Resources Inc engages in acquisition, exploration, and development 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 eight metallic mineral concessions, which covers an area of 268 km2 located in Ecuador.
- 3 Low Beta Defensive Stocks for a Tough Market
- It Could Be a September to Remember for These 3 Stocks
- Can Roblox Reverse its Falling Bookings Amid Rising Engagements
- Peak Inflation Sets the Bottom for Brinker International Stock
- Broadcom Bounces From Institutional Bottom
Receive News & Ratings for Solaris Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Solaris Resources and related companies with MarketBeat.com's FREE daily email newsletter.