Solaris Resources (NYSEAMERICAN:SLSR) Releases Earnings Results

Solaris Resources (NYSEAMERICAN:SLSR) announced its quarterly earnings results on Friday. The company reported ($0.03) earnings per share (EPS) for the quarter, Zacks reports.

Solaris Resources Stock Performance

SLSR traded down $0.23 during trading on Friday, hitting $6.68. 154,510 shares of the stock were exchanged, compared to its average volume of 202,652. The firm has a 50 day simple moving average of $7.09 and a 200 day simple moving average of $8.58. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of -37.11 and a beta of 1.49. Solaris Resources has a 1 year low of $6.20 and a 1 year high of $11.48.

Solaris Resources Company Profile

Solaris Resources Inc. is a mineral exploration and development company focused on copper assets in Ecuador. Its flagship property is the Warintza Project in southeastern Ecuador, where the company is advancing exploration and evaluating the project’s development potential. Solaris is an exploration-stage company, rather than a producer of copper or other metals. Its activities include mineral exploration, resource evaluation, and project development, with its business centered on Ecuador.