Solitario Resources (TSE:SLR) Reaches New 1-Year Low – What’s Next?

Solitario Resources Corp. (TSE:SLR) (NYSE:XPL)’s stock price hit a new 52-week low during trading on Thursday. The stock traded as low as C$0.61 and last traded at C$0.61, with a volume of 4,020 shares trading hands. The stock had previously closed at C$0.68.

Solitario Resources Stock Performance

The stock has a market capitalization of C$57.76 million, a PE ratio of -12.20 and a beta of -0.18. The business’s 50-day moving average price is C$0.78 and its 200 day moving average price is C$1.03.

Solitario Resources Company Profile

Solitario is a natural resource exploration company focused on high-quality Tier-1 gold, copper, zinc and critical metals (molybdenum and rhenium) projects. Solitario’s 100%-owned Golden Crest properties in South Dakota constitute strategic land holdings (31,500 acres) along the western and southwestern extensions of the Homestake-Wharf mining district that has produced approximately 52 million ounces of gold. In addition to its Golden Crest and Cat Creek projects, Solitario holds a 100% interest in the Bright Angel copper-gold project in Colorado.