Solitario Resources (TSE:SLR) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

Solitario Resources Corp. (TSE:SLR) (NYSE:XPL)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$1.06 and traded as high as C$1.22. Solitario Resources shares last traded at C$1.17, with a volume of 50,375 shares.

Solitario Resources Stock Performance

The firm’s 50 day simple moving average is C$1.07 and its 200-day simple moving average is C$0.99. The company has a debt-to-equity ratio of 0.03, a quick ratio of 10.01 and a current ratio of 37.26. The company has a market capitalization of C$102.72 million, a price-to-earnings ratio of -18.83 and a beta of -0.08.

Solitario Resources (TSE:SLR) (NYSE:XPL) last issued its earnings results on Friday, March 13th. The company reported C$0.01 EPS for the quarter. Analysts expect that Solitario Resources Corp. will post -0.05 EPS for the current year.

About Solitario Resources

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.