Solaris Resources Inc. (TSE:SLS - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$6.46 and last traded at C$6.28, with a volume of 83856 shares changing hands. The stock had previously closed at C$6.21.
Analyst Ratings Changes
Separately, National Bankshares boosted their price target on Solaris Resources from C$10.00 to C$10.50 and gave the stock an "outperform" rating in a research report on Wednesday, April 2nd.
View Our Latest Stock Analysis on Solaris Resources
Solaris Resources Stock Down 2.2%
The company has a debt-to-equity ratio of 712.38, a quick ratio of 1.29 and a current ratio of 4.62. The firm has a fifty day simple moving average of C$5.38 and a 200-day simple moving average of C$5.01. The firm has a market cap of C$699.76 million, a price-to-earnings ratio of -10.63 and a beta of 1.90.
About Solaris Resources
(
Get Free Report)
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.
Further Reading
Before you consider Solaris Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Solaris Resources wasn't on the list.
While Solaris Resources currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
