Solitario Zinc (XPL) PT Set at $1.00 by HC Wainwright
Solitario Zinc (NYSEAMERICAN:XPL) (TSE:SLR) has been assigned a $1.00 price target by stock analysts at HC Wainwright in a report released on Tuesday. The firm currently has a “buy” rating on the basic materials company’s stock. HC Wainwright’s price target would suggest a potential upside of 81.82% from the company’s current price.
Shares of Solitario Zinc (NYSEAMERICAN XPL) opened at $0.55 on Tuesday. The company has a market cap of $30.11, a P/E ratio of -55.00 and a beta of 1.03. Solitario Zinc has a fifty-two week low of $0.51 and a fifty-two week high of $0.91.
A hedge fund recently bought a new stake in Solitario Zinc stock. Virtu KCG Holdings LLC purchased a new position in shares of Solitario Zinc Corp (NYSEAMERICAN:XPL) (TSE:SLR) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 208,458 shares of the basic materials company’s stock, valued at approximately $140,000. Virtu KCG Holdings LLC owned 0.36% of Solitario Zinc as of its most recent filing with the Securities and Exchange Commission (SEC).
About Solitario Zinc
Solitario Zinc Corp., formerly Solitario Exploration & Royalty Corp., is a zinc exploration company. The Company’s projects and properties include Lik Zinc project, Bongara Zinc Project, Pedra Branca Royalty, Montana Royalties, Yanacocha Royalty and investment in Vendetta Mining. It holds a 50% operating interest in the Lik zinc-lead-silver deposit.
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