Solitario Resources (TSE:SLR) Stock Price Passes Above 50-Day Moving Average - Time to Sell?

Solitario Resources Corp. (TSE:SLR - Get Free Report) NYSE: XPL shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.88 and traded as high as C$0.89. Solitario Resources shares last traded at C$0.89, with a volume of 61,535 shares traded.

Solitario Resources Price Performance

The firm has a market capitalization of C$50.97 million, a P/E ratio of -11.69 and a beta of 0.91. The business's 50-day simple moving average is C$0.88 and its 200 day simple moving average is C$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.

Solitario Resources Company Profile

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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