Solaris Resources Inc. (NYSEAMERICAN:SLSR - Get Free Report)'s stock price gapped up before the market opened on Friday . The stock had previously closed at $5.20, but opened at $5.37. Solaris Resources shares last traded at $5.45, with a volume of 9,601 shares.
Analyst Ratings Changes
Separately, HC Wainwright increased their target price on shares of Solaris Resources from $11.00 to $13.00 and gave the stock a "buy" rating in a report on Friday, August 29th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Solaris Resources has an average rating of "Moderate Buy" and a consensus target price of $13.00.
Check Out Our Latest Stock Report on SLSR
Solaris Resources Price Performance
The stock has a market cap of $846.13 million, a PE ratio of -34.13 and a beta of 0.47. The firm's 50-day moving average price is $5.24.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in SLSR. National Bank of Canada FI bought a new position in shares of Solaris Resources in the first quarter worth approximately $37,000. Raymond James Financial Inc. bought a new position in shares of Solaris Resources in the second quarter worth approximately $38,000. Jane Street Group LLC bought a new position in shares of Solaris Resources in the second quarter worth approximately $97,000. Tidal Investments LLC grew its holdings in shares of Solaris Resources by 5.4% in the second quarter. Tidal Investments LLC now owns 50,200 shares of the company's stock worth $230,000 after purchasing an additional 2,586 shares during the last quarter. Finally, Ewing Morris & Co. Investment Partners Ltd. grew its holdings in shares of Solaris Resources by 35.9% in the first quarter. Ewing Morris & Co. Investment Partners Ltd. now owns 87,100 shares of the company's stock worth $295,000 after purchasing an additional 23,000 shares during the last quarter.
Solaris Resources Company Profile
(
Get 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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