Solaris Resources (TSE:SLS) Price Target Raised to C$10.50

Solaris Resources (TSE:SLS) had its target price upped by National Bankshares from C$10.00 to C$10.50 in a research report sent to investors on Wednesday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Solaris Resources Trading Down 8.8 %

TSE SLS opened at C$4.15 on Wednesday. The company has a debt-to-equity ratio of 712.38, a quick ratio of 1.29 and a current ratio of 4.62. Solaris Resources has a one year low of C$2.58 and a one year high of C$5.90. The company has a 50-day simple moving average of C$4.99 and a 200-day simple moving average of C$4.33. The firm has a market capitalization of C$476.06 million, a PE ratio of -7.23 and a beta of 1.90.

Solaris Resources Company Profile

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.