Solaris Resources (TSE:SLS) Stock Price Up 3.9% - What's Next?

Solaris Resources Inc. (TSE:SLS - Get Free Report) was up 3.9% during trading on Tuesday . The stock traded as high as C$7.00 and last traded at C$6.90. Approximately 139,271 shares traded hands during trading, a decline of 46% from the average daily volume of 258,257 shares. The stock had previously closed at C$6.64.

Analyst Ratings Changes

Separately, National Bankshares set a C$12.50 price target on Solaris Resources and gave the stock an "outperform" rating in a report on Tuesday, June 24th.

Solaris Resources Stock Down 1.0%

The company has a market cap of C$766.29 million, a P/E ratio of -11.64 and a beta of 1.90. The stock has a 50-day moving average of C$6.56 and a two-hundred day moving average of C$5.59. The company has a debt-to-equity ratio of 712.38, a quick ratio of 1.29 and a current ratio of 4.62.

Solaris Resources Company Profile

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.