Solitario Zinc (XPL) Downgraded by Zacks Investment Research to Sell
According to Zacks, “Solitario is a gold, silver, platinum-palladium, and base metal exploration company actively exploring in Brazil, Mexico and Peru. Solitario has significant business relationships with Anglo Platinum, Newmont Mining and Votorantim Metais. Solitario has approximately US$24 million in cash and marketable securities and no debt. Solitario is traded on the American Stock Exchange (AMEX: XPL) and on the Toronto Stock Exchange (TSX: SLR). “
Separately, HC Wainwright reaffirmed a buy rating and set a $1.00 target price on shares of Solitario Zinc in a report on Wednesday, January 23rd.
Solitario Zinc (NYSEAMERICAN:XPL) (TSE:SLR) last posted its earnings results on Monday, March 4th. The basic materials company reported ($0.01) EPS for the quarter.
Solitario Zinc Company Profile
Solitario Zinc Corp., an exploration stage company, engages in the acquisition, exploration, and development of zinc properties in North and South America. It primarily owns a 39% interest in the Florida Canyon zinc project located in northern Peru; and a 50% interest in the Lik zinc-lead-silver property located in Northwest Alaska.
See Also: What is the LIBOR?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Solitario Zinc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Solitario Zinc and related companies with MarketBeat.com's FREE daily email newsletter.