Solaris Resources (TSE:SLS) Given New C$22.50 Price Target at National Bankshares

Solaris Resources (TSE:SLS) had its price target lifted by National Bankshares from C$20.00 to C$22.50 in a research note published on Thursday,BayStreet.CA reports.

SLS has been the topic of several other reports. Royal Bank Of Canada upped their price objective on Solaris Resources from C$12.00 to C$18.00 in a research report on Wednesday, December 10th. BMO Capital Markets upped their price target on Solaris Resources from C$16.00 to C$18.00 in a report on Thursday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, Solaris Resources currently has a consensus rating of “Buy” and a consensus price target of C$19.50.

Solaris Resources Stock Down 0.6%

Shares of Solaris Resources stock opened at C$14.47 on Thursday. The company has a 50-day simple moving average of C$11.38 and a two-hundred day simple moving average of C$9.13. The stock has a market capitalization of C$2.41 billion, a PE ratio of -40.19 and a beta of 1.67. Solaris Resources has a 52-week low of C$3.55 and a 52-week high of C$15.47. The company has a debt-to-equity ratio of 712.38, a quick ratio of 1.29 and a current ratio of 4.62.

About Solaris Resources

Solaris Resources Inc is advancing a portfolio of copper and gold assets in the Americas, which includes a high-grade resource with expansion and additional discovery potential at the Warintza copper and gold project in Ecuador; discovery potential on the grass-roots Tamarugo project in Chile and Capricho and Paco Orco projects in Peru; exposure to $130M spending 5-yrs through a farm-out agreement with Freeport-McMoRan on the Ricardo Project in Chile; and leverage to increasing copper prices through the 60% interest in the development-stage La Verde joint-venture project with Teck Resources in Mexico.