Solitario Resources (NYSEAMERICAN:XPL) Announces Earnings Results

Solitario Resources (NYSEAMERICAN:XPL) (TSE:SLR) issued its quarterly earnings results on Tuesday. The basic materials company reported ($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.01), Yahoo Finance reports.

Solitario Resources Price Performance

Solitario Resources stock traded up $0.02 during mid-day trading on Wednesday, hitting $0.83. The company’s stock had a trading volume of 12,361 shares, compared to its average volume of 104,550. Solitario Resources has a 12 month low of $0.43 and a 12 month high of $0.98.

Analyst Ratings Changes

Several brokerages recently weighed in on XPL. HC Wainwright raised their price target on shares of Solitario Resources from $0.80 to $1.10 and gave the company a “buy” rating in a research report on Friday, May 3rd. Roth Mkm began coverage on shares of Solitario Resources in a research report on Monday, June 10th. They issued a “buy” rating and a $2.00 price target on the stock. Finally, Roth Capital raised shares of Solitario Resources to a “strong-buy” rating in a research report on Monday, June 10th.

Solitario Resources Company Profile

Solitario Resources Corp., an exploration stage company, engages in the acquisition and exploration of precious metal, zinc, and other base metal properties in North and South America. The company holds 50% interest in the Lik zinc-lead-silver property located in Northwest Alaska; 39% interest in the Florida Canyon zinc project located in northern Peru; and 85% interest in the Chambara exploration project located in Peru.