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Solitario Resources (TSE:SLR) Stock Crosses Below Two Hundred Day Moving Average - Here's What Happened

Solitario Resources logo with Basic Materials background

Solitario Resources Corp. (TSE:SLR - Get Free Report) NYSE: XPL passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.91 and traded as low as C$0.90. Solitario Resources shares last traded at C$0.90, with a volume of 1,750 shares changing hands.

Solitario Resources Trading Up 2.3%

The company's 50-day moving average price is C$0.88 and its 200-day moving average price is C$0.91. The firm has a market cap of C$51.55 million, a price-to-earnings ratio of -11.82 and a beta of 0.91. The company has a quick ratio of 10.01, a current ratio of 10.48 and a debt-to-equity ratio of 0.25.

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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