Solitario Resources (TSE:SLR) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

Shares of Solitario Resources Corp. (TSE:SLR) (NYSE:XPL) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.94 and traded as high as C$1.10. Solitario Resources shares last traded at C$1.09, with a volume of 22,419 shares trading hands.

Solitario Resources Stock Up 0.9%

The firm has a market capitalization of C$99.08 million, a P/E ratio of -18.17 and a beta of -0.01. The company has a fifty day simple moving average of C$0.94 and a 200 day simple moving average of C$0.97. 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 (TSE:SLR) (NYSE:XPL) last announced its quarterly earnings results on Wednesday, October 29th. The company reported C($0.02) earnings per share (EPS) for the quarter. On average, equities analysts expect that Solitario Resources Corp. will post -0.05 EPS for the current fiscal year.

Solitario Resources Company Profile

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. In addition, the company has an additional portfolio of exploration properties and royalties in the Americas.