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Solitario Resources (TSE:SLR) Stock Price Passes Above Fifty Day Moving Average - Here's Why

Solitario Resources logo with Basic Materials background

Solitario Resources Corp. (TSE:SLR - Get Free Report) NYSE: XPL shares passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.88 and traded as high as C$0.91. Solitario Resources shares last traded at C$0.91, with a volume of 8,700 shares traded.

Solitario Resources Stock Performance

The company has a debt-to-equity ratio of 0.25, a quick ratio of 10.01 and a current ratio of 10.48. The business has a 50-day moving average price of C$0.88 and a 200 day moving average price of C$0.91. The stock has a market capitalization of C$49.26 million, a P/E ratio of -11.29 and a beta of 0.91.

About Solitario Resources

(Get Free Report)

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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