Solitario Resources (TSE:SLR) Reaches New 52-Week Low – Time to Sell?

Solitario Resources Corp. (TSE:SLR – Get Free Report) (NYSE:XPL)’s share price hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as C$0.66 and last traded at C$0.71, with a volume of 2,500 shares. The stock had previously closed at C$0.66.

Solitario Resources Price Performance

The firm’s 50 day moving average is C$0.89 and its 200 day moving average is C$1.05. The company has a market capitalization of C$70.07 million, a PE ratio of -14.80 and a beta of -0.08.

Solitario Resources Company Profile

(Get Free Report)

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.

Further Reading

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