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

Solitario Resources Corp. (TSE:SLR) (NYSE:XPL) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.89 and traded as high as C$1.02. Solitario Resources shares last traded at C$1.02, with a volume of 69,116 shares traded.

Solitario Resources Price Performance

The company has a debt-to-equity ratio of 0.25, a current ratio of 10.48 and a quick ratio of 10.01. The stock’s fifty day simple moving average is C$0.89 and its 200-day simple moving average is C$0.95. The company has a market capitalization of C$93.63 million, a P/E ratio of -17.17 and a beta of -0.01.

Solitario Resources (TSE:SLR) (NYSE:XPL) last posted its quarterly earnings data on Wednesday, October 29th. The company reported C($0.02) EPS for the quarter. On average, equities analysts forecast that Solitario Resources Corp. will post -0.05 earnings per share for the current fiscal 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.