Solitario Resources (TSE:SLR) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Solitario Resources Corp. (TSE:SLR) (NYSE:XPL) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.91 and traded as low as C$0.86. Solitario Resources shares last traded at C$0.86, with a volume of 30,801 shares.

Solitario Resources Stock Down 4.4%

The stock’s fifty day moving average is C$0.88 and its 200 day moving average is C$0.91. The company has a current ratio of 10.48, a quick ratio of 10.01 and a debt-to-equity ratio of 0.25. The company has a market capitalization of C$49.26 million, a P/E ratio of -11.29 and a beta of 0.91.

About Solitario Resources

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.