Solitario Resources (TSE:SLR) Shares Pass Above 50 Day Moving Average – Here’s Why

Solitario Resources Corp. (TSE:SLR) (NYSE:XPL) shares crossed 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 Stock Up 1.1%

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 has a 50 day simple moving average of C$0.88 and a 200 day simple moving average of C$0.91. The firm has a market capitalization of C$50.97 million, a PE ratio of -11.69 and a beta of 0.91.

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.