Solitario Resources (XPL) to Post Earnings on Wednesday

Solitario Resources (NYSEAMERICAN:XPLGet Free Report) (TSE:SLR) is expected to be releasing its results before the market opens on Wednesday, August 5th. Analysts expect Solitario Resources to post earnings of ($0.01) per share for the quarter.

Solitario Resources (NYSEAMERICAN:XPLGet Free Report) (TSE:SLR) last released its earnings results on Wednesday, May 6th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.01). On average, analysts expect Solitario Resources to post $-0 EPS for the current fiscal year and $-0 EPS for the next fiscal year.

Solitario Resources Stock Performance

Shares of XPL stock opened at $0.73 on Monday. Solitario Resources has a 1-year low of $0.54 and a 1-year high of $0.98. The company has a market capitalization of $68.32 million, a price-to-earnings ratio of -14.68 and a beta of 0.46. The stock’s fifty day simple moving average is $0.78 and its 200-day simple moving average is $0.80.

Institutional Investors Weigh In On Solitario Resources

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. XTX Topco Ltd boosted its stake in shares of Solitario Resources by 185.0% during the 4th quarter. XTX Topco Ltd now owns 53,018 shares of the basic materials company’s stock valued at $37,000 after buying an additional 34,415 shares during the period. Renaissance Technologies LLC raised its holdings in shares of Solitario Resources by 15.9% during the fourth quarter. Renaissance Technologies LLC now owns 1,295,706 shares of the basic materials company’s stock worth $903,000 after acquiring an additional 178,035 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Solitario Resources by 9.4% during the fourth quarter. Geode Capital Management LLC now owns 650,751 shares of the basic materials company’s stock worth $454,000 after acquiring an additional 55,958 shares in the last quarter. Mercer Global Advisors Inc. ADV acquired a new stake in Solitario Resources during the third quarter valued at $35,000. Finally, Citadel Advisors LLC acquired a new stake in Solitario Resources during the third quarter valued at $194,000. Hedge funds and other institutional investors own 18.23% of the company’s stock.

Wall Street Analyst Weigh In

Separately, HC Wainwright restated a “buy” rating and set a $1.20 price objective on shares of Solitario Resources in a research report on Wednesday, July 1st. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Solitario Resources has an average rating of “Moderate Buy” and a consensus target price of $1.20.

Get Our Latest Analysis on Solitario Resources

Solitario Resources Company Profile

(Get Free Report)

Solitario Resources Corp. is a mineral exploration and development company focused on base and precious metals in the Americas. Headquartered in Englewood, Colorado, the firm targets copper, gold and silver through a combination of strategic acquisitions, grassroots exploration and joint-venture partnerships. Solitario’s work spans the full project life cycle from early-stage target generation and permitting through advanced stage resource definition and prefeasibility studies.

The company’s project portfolio includes a range of properties across North and South America.

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Earnings History for Solitario Resources (NYSEAMERICAN:XPL)

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