Solitario Resources (TSE:SLR) Shares Cross Above Fifty Day Moving Average - Time to Sell?

Key Points

• Solitario Resources Corp. (TSE:SLR) saw its stock price surpass its 50-day moving average, trading at C$1.07 before closing at C$1.05.
• The company has a market capitalization of C$94.70 million and notable financial metrics including a PE ratio of -15.00 and a debt-to-equity ratio of 0.25.
• Solitario is focused on zinc exploration and development in safe jurisdictions across North and South America, with significant projects in Peru and Alaska.

Shares of Solitario Resources Corp. (TSE:SLR - Get Free Report) NYSE: XPL crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$1.02 and traded as high as C$1.07. Solitario Resources shares last traded at C$1.05, with a volume of 37,070 shares traded.

Solitario Resources Stock Down 1.0%

The company has a current ratio of 10.48, a quick ratio of 10.01 and a debt-to-equity ratio of 0.25. The stock's 50-day moving average price is C$1.02 and its 200-day moving average price is C$0.93. The company has a market cap of C$92.00 million, a P/E ratio of -14.57 and a beta of 0.37.

About Solitario Resources

Solitario Zinc Corp is a zinc focused exploration company engaging in the acquisition, exploration, and development of zinc properties in safe jurisdictions in North and South America. It has joint venture interests in two large, high-grade zinc development projects. The Florida Canyon Zinc Project in Peru is a development asset held jointly with Nexa Resources SA and the Lik Zinc Project represents a large-tonnage, high-grade development project in Alaska in partnership with Teck Resources.