Solitario Resources (NYSEAMERICAN:XPL – Get Free Report) (TSE:SLR) posted its earnings results on Tuesday. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.01), Zacks reports.
Solitario Resources Stock Performance
XPL stock traded up $0.00 during trading on Wednesday, reaching $0.64. The stock had a trading volume of 15,234 shares, compared to its average volume of 93,319. The company has a market cap of $52.11 million, a price-to-earnings ratio of -12.70 and a beta of 0.92. Solitario Resources has a 52 week low of $0.43 and a 52 week high of $0.98.
Analysts Set New Price Targets
Separately, HC Wainwright increased their price objective on shares of Solitario Resources from $1.10 to $1.20 and gave the company a “buy” rating in a research report on Wednesday, August 21st.
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.
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