Solaris Resources Inc. (TSE:SLS - Get Free Report)'s stock price rose 7.9% during trading on Wednesday . The stock traded as high as C$5.87 and last traded at C$5.85. Approximately 341,497 shares traded hands during trading, an increase of 21% from the average daily volume of 283,220 shares. The stock had previously closed at C$5.42.
Analyst Upgrades and Downgrades
Separately, National Bankshares lifted their price target on shares of Solaris Resources from C$10.00 to C$10.50 and gave the stock an "outperform" rating in a research note on Wednesday, April 2nd.
View Our Latest Research Report on Solaris Resources
Solaris Resources Price Performance
The company's 50 day moving average is C$5.11 and its 200 day moving average is C$4.78. The company has a current ratio of 4.62, a quick ratio of 1.29 and a debt-to-equity ratio of 712.38. The stock has a market capitalization of C$671.08 million, a price-to-earnings ratio of -10.19 and a beta of 1.90.
About Solaris Resources
(
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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.
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