Jennison Associates LLC grew its holdings in shares of Solaris Resources Inc. (NYSEAMERICAN:SLSR - Free Report) by 5.6% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 1,094,669 shares of the company's stock after acquiring an additional 58,329 shares during the period. Jennison Associates LLC's holdings in Solaris Resources were worth $3,683,000 as of its most recent SEC filing.
Separately, NewGen Asset Management Ltd raised its stake 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 acquiring an additional 600,000 shares during the last quarter.
Solaris Resources Trading Down 1.4%
Shares of NYSEAMERICAN:SLSR traded down $0.07 during trading on Friday, hitting $4.90. The company's stock had a trading volume of 32,184 shares, compared to its average volume of 63,400. Solaris Resources Inc. has a 12 month low of $1.90 and a 12 month high of $5.88. The firm has a market cap of $809.77 million, a price-to-earnings ratio of -19.60 and a beta of 0.45. The company has a 50-day simple moving average of $4.72.
Analysts Set New Price Targets
Separately, HC Wainwright increased their price objective on shares of Solaris Resources from $10.00 to $11.00 and gave the stock a "buy" rating in a research report on Tuesday, May 6th.
Check Out Our Latest Stock Report on SLSR
Solaris Resources Profile
(
Free Report)
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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