BMO Capital Markets Lowers Solaris Resources (TSE:SLS) Price Target to C$14.00

Solaris Resources (TSE:SLSFree Report) had its target price trimmed by BMO Capital Markets from C$15.00 to C$14.00 in a report released on Tuesday morning, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

SLS has been the topic of a number of other reports. TD Securities dropped their price objective on shares of Solaris Resources from C$20.00 to C$17.00 and set a speculative buy rating on the stock in a report on Tuesday, March 5th. Canaccord Genuity Group boosted their price target on Solaris Resources from C$13.50 to C$14.50 in a research note on Wednesday, April 17th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of Buy and a consensus target price of C$15.40.

Read Our Latest Research Report on SLS

Solaris Resources Stock Up 0.2 %

SLS stock opened at C$4.59 on Tuesday. The company has a quick ratio of 1.29, a current ratio of 4.30 and a debt-to-equity ratio of 228.34. Solaris Resources has a 52 week low of C$3.61 and a 52 week high of C$6.62. The stock has a market capitalization of C$692.31 million, a PE ratio of -12.27 and a beta of 2.00. The firm has a 50 day moving average of C$4.88 and a 200 day moving average of C$4.44.

About Solaris Resources

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Solaris Resources Inc engages in exploration of mineral properties. It focuses on exploring copper, molybdenum, gold, lead, zinc, and silver. The company's flagship project is the 100% owned Warintza Copper and Gold Project comprising nine metallic mineral concessions, which covers an area of 268 km2 located in Ecuador.

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