Solitario Resources (TSE:SLR) Stock Price Crosses Above 50 Day Moving Average – Here’s What Happened

Solitario Resources Corp. (TSE:SLR) (NYSE:XPL) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.96 and traded as high as C$1.05. Solitario Resources shares last traded at C$1.05, with a volume of 9,000 shares trading hands.

Solitario Resources Trading Up 1.9%

The business has a 50 day simple moving average of C$0.96 and a 200-day simple moving average of C$0.97. The stock has a market capitalization of C$95.45 million, a price-to-earnings ratio of -17.50 and a beta of -0.03. The company has a debt-to-equity ratio of 0.25, a current ratio of 10.48 and a quick ratio of 10.01.

Solitario Resources (TSE:SLR) (NYSE:XPL) last released its quarterly earnings data on Wednesday, October 29th. The company reported C($0.02) earnings per share for the quarter. As a group, equities analysts expect that Solitario Resources Corp. will post -0.05 earnings per share for the current 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. In addition, the company has an additional portfolio of exploration properties and royalties in the Americas.