Solitario Resources (TSE:SLR) Stock Passes Above 50-Day Moving Average – Should You Sell?

Solitario Resources Corp. (TSE:SLR) (NYSE:XPL)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.98 and traded as high as C$1.00. Solitario Resources shares last traded at C$1.00, with a volume of 11,885 shares traded.

Solitario Resources Trading Up 2.0%

The company has a 50 day moving average of C$0.98 and a 200 day moving average of C$0.97. The company has a debt-to-equity ratio of 0.25, a quick ratio of 10.01 and a current ratio of 10.48. The stock has a market capitalization of C$90.90 million, a price-to-earnings ratio of -16.67 and a beta of -0.03.

Solitario Resources Company Profile

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.