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Solitario Resources (TSE:SLR) Shares Cross Above 50 Day Moving Average - Here's What Happened

Solitario Resources logo with Basic Materials background

Shares of Solitario Resources Corp. (TSE:SLR - Get Free Report) NYSE: XPL crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.87 and traded as high as C$0.96. Solitario Resources shares last traded at C$0.96, with a volume of 8,000 shares.

Solitario Resources Price Performance

The company has a 50 day simple moving average of C$0.88 and a 200-day simple moving average of C$0.91. The stock has a market cap of C$53.26 million, a price-to-earnings ratio of -12.21 and a beta of 0.91. The company has a current ratio of 10.48, a quick ratio of 10.01 and a debt-to-equity ratio of 0.25.

About Solitario Resources

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Solitario Resources Corp., an exploration stage company, engages in the acquisition and exploration of precious metal, zinc, and other base metal properties in North and South America. The company holds 50% interest in the Lik zinc-lead-silver property located in Northwest Alaska; 39% interest in the Florida Canyon zinc project located in northern Peru; and 85% interest in the Chambara exploration project located in Peru.

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