Solitario Resources (TSE:SLR) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Shares of Solitario Resources Corp. (TSE:SLR) (NYSE:XPL) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.91 and traded as high as C$0.92. Solitario Resources shares last traded at C$0.92, with a volume of 4,501 shares trading hands.

Solitario Resources Stock Performance

The company’s 50 day moving average price is C$0.91 and its 200-day moving average price is C$0.95. The stock has a market cap of C$83.63 million, a P/E ratio of -15.33 and a beta of -0.08. The company has a debt-to-equity ratio of 0.25, a quick ratio of 10.01 and a current ratio of 10.48.

Solitario Resources (TSE:SLR) (NYSE:XPL) last released its earnings results on Wednesday, October 29th. The company reported C($0.02) EPS for the quarter. Equities analysts forecast that Solitario Resources Corp. will post -0.05 EPS for the current fiscal year.

Solitario Resources Company Profile

Solitario Zinc Corp is a zinc focused exploration company engaging in the acquisition, exploration, and development of zinc properties in safe jurisdictions in North and South America. It has joint venture interests in two large, high-grade zinc development projects. The Florida Canyon Zinc Project in Peru is a development asset held jointly with Nexa Resources SA and the Lik Zinc Project represents a large-tonnage, high-grade development project in Alaska in partnership with Teck Resources.