Canaccord Genuity Group Increases Solaris Resources (TSE:SLS) Price Target to C$14.50

Solaris Resources (TSE:SLS) had its target price upped by Canaccord Genuity Group from C$13.50 to C$14.50 in a research report report published on Wednesday morning, BayStreet.CA reports.

SLS has been the topic of several other reports. BMO Capital Markets reduced their target price on Solaris Resources from C$17.00 to C$15.00 in a research note on Friday, January 12th. National Bankshares dropped their price target on Solaris Resources from C$10.50 to C$8.00 and set an outperform rating on the stock in a research report on Monday, January 8th. Finally, TD Securities dropped their price target on Solaris Resources from C$20.00 to C$17.00 and set a speculative buy rating on the stock in a research report on Tuesday, March 5th.

Solaris Resources Price Performance

SLS opened at C$4.56 on Wednesday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.29 and a current ratio of 1.81. Solaris Resources has a 52-week low of C$3.61 and a 52-week high of C$7.50. The stock has a market capitalization of C$805.43 million, a PE ratio of -9.91 and a beta of 2.00. The stock’s 50 day moving average price is C$4.26 and its 200-day moving average price is C$4.58.

Solaris Resources Company Profile

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.