Solaris Resources (NYSEAMERICAN:SLSR – Get Free Report) had its price target hoisted by research analysts at HC Wainwright from $10.00 to $11.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. HC Wainwright’s price target indicates a potential upside of 154.04% from the stock’s previous close.
Separately, Maxim Group reissued a “hold” rating on shares of Solaris Resources in a research report on Tuesday, March 25th.
Check Out Our Latest Stock Analysis on SLSR
Solaris Resources Trading Down 0.5 %
Institutional Investors Weigh In On Solaris Resources
Institutional investors and hedge funds have recently modified their holdings of the stock. Mackenzie Financial Corp boosted its holdings in shares of Solaris Resources by 0.4% during the 1st quarter. Mackenzie Financial Corp now owns 644,526 shares of the company’s stock valued at $2,168,000 after buying an additional 2,394 shares in the last quarter. Jennison Associates LLC increased its stake in shares of Solaris Resources by 5.6% during the first quarter. Jennison Associates LLC now owns 1,094,669 shares of the company’s stock valued at $3,683,000 after purchasing an additional 58,329 shares in the last quarter. Finally, NewGen Asset Management Ltd lifted its holdings in shares of Solaris Resources by 100.0% during the first quarter. NewGen Asset Management Ltd now owns 1,200,000 shares of the company’s stock valued at $4,068,000 after purchasing an additional 600,000 shares during the last quarter.
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.
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