Solaris Resources (TSE:SLS) Stock Price Down 0.8% – Time to Sell?

Solaris Resources Inc. (TSE:SLSGet Free Report)’s share price fell 0.8% during trading on Thursday . The stock traded as low as C$4.95 and last traded at C$5.04. 193,274 shares traded hands during trading, a decline of 25% from the average session volume of 258,920 shares. The stock had previously closed at C$5.08.

Solaris Resources Stock Performance

The company has a debt-to-equity ratio of 712.38, a quick ratio of 1.29 and a current ratio of 4.62. The stock’s fifty day moving average is C$5.03 and its two-hundred day moving average is C$4.26. The firm has a market capitalization of C$558.66 million, a price-to-earnings ratio of -8.48 and a beta of 1.90.

Solaris Resources Company Profile

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Solaris Resources Inc engages in exploration of mineral properties. It focuses on exploring copper, molybdenum, gold, lead, zinc, and silver. The company's flagship project is the 100% owned Warintza Copper and Gold Project comprising nine metallic mineral concessions, which covers an area of 268 km2 located in Ecuador.

Further Reading

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