Solaris Resources Inc. (TSE:SLS - Get Free Report) rose 3.9% during mid-day trading on Tuesday . The stock traded as high as C$7.00 and last traded at C$6.90. Approximately 139,271 shares changed hands during mid-day 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 target price on Solaris Resources and gave the company an "outperform" rating in a research report on Tuesday, June 24th.
Check Out Our Latest Stock Analysis on SLS
Solaris Resources Stock Performance
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$766.29 million, a price-to-earnings ratio of -11.64 and a beta of 1.90. The firm has a 50-day moving average of C$6.57 and a 200-day moving average of C$5.60.
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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