Solitario Resources (TSE:SLR) Reaches New 52-Week Low – Should You Sell?

Solitario Resources Corp. (TSE:SLR – Get Free Report) (NYSE:XPL)’s stock price reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as C$0.61 and last traded at C$0.61, with a volume of 5,550 shares traded. The stock had previously closed at C$0.67.

Solitario Resources Trading Down 7.5%

The firm has a 50 day moving average of C$0.82 and a 200-day moving average of C$1.04. The company has a market cap of C$58.70 million, a P/E ratio of -12.40 and a beta of -0.18.

Solitario Resources Company Profile

(Get Free Report)

Solitario is a natural resource exploration company focused on high-quality Tier-1 gold, copper, zinc and critical metals (molybdenum and rhenium) projects. Solitario’s 100%-owned Golden Crest properties in South Dakota constitute strategic land holdings (31,500 acres) along the western and southwestern extensions of the Homestake-Wharf mining district that has produced approximately 52 million ounces of gold. In addition to its Golden Crest and Cat Creek projects, Solitario holds a 100% interest in the Bright Angel copper-gold project in Colorado.

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