Focused Wealth Management Inc Buys 60,000 Shares of Solitario Resources Corp. (NYSEAMERICAN:XPL)

Focused Wealth Management Inc boosted its stake in Solitario Resources Corp. (NYSEAMERICAN:XPL) (TSE:SLR) by 19.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 370,900 shares of the basic materials company’s stock after purchasing an additional 60,000 shares during the quarter. Focused Wealth Management Inc’s holdings in Solitario Resources were worth $260,000 as of its most recent SEC filing.

Separately, Renaissance Technologies LLC boosted its holdings in shares of Solitario Resources by 11.1% in the 2nd quarter. Renaissance Technologies LLC now owns 868,872 shares of the basic materials company’s stock worth $769,000 after purchasing an additional 86,854 shares during the period. 18.23% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright lifted their price objective on shares of Solitario Resources from $1.10 to $1.20 and gave the stock a “buy” rating in a research note on Wednesday, August 21st.

Solitario Resources Stock Down 1.6 %

Solitario Resources stock opened at $0.64 on Wednesday. Solitario Resources Corp. has a 1-year low of $0.43 and a 1-year high of $0.98.

About Solitario Resources

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.