Solitario Resources Corp. (NYSEAMERICAN:XPL) CEO Acquires $25,000.20 in Stock

Solitario Resources Corp. (NYSEAMERICAN:XPL) (TSE:SLR) CEO Christopher E. Herald acquired 41,667 shares of the stock in a transaction that occurred on Tuesday, April 1st. The stock was purchased at an average cost of $0.60 per share, with a total value of $25,000.20. Following the completion of the acquisition, the chief executive officer now owns 2,333,667 shares of the company’s stock, valued at $1,400,200.20. The trade was a 1.82 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Solitario Resources Stock Down 5.2 %

NYSEAMERICAN XPL opened at $0.57 on Friday. The stock has a market capitalization of $46.42 million, a PE ratio of -9.50 and a beta of 0.89. Solitario Resources Corp. has a one year low of $0.55 and a one year high of $0.98.

Hedge Funds Weigh In On Solitario Resources

Institutional investors have recently made changes to their positions in the stock. Millennium Management LLC bought a new position in shares of Solitario Resources during the fourth quarter worth about $44,000. Total Wealth Planning & Management Inc. bought a new position in Solitario Resources in the 4th quarter worth about $90,000. National Bank of Canada FI increased its stake in shares of Solitario Resources by 57.1% in the fourth quarter. National Bank of Canada FI now owns 165,000 shares of the basic materials company’s stock valued at $98,000 after purchasing an additional 60,000 shares during the period. Geode Capital Management LLC raised its holdings in shares of Solitario Resources by 11.4% during the third quarter. Geode Capital Management LLC now owns 579,870 shares of the basic materials company’s stock valued at $406,000 after buying an additional 59,573 shares during the last quarter. Finally, Lido Advisors LLC acquired a new position in shares of Solitario Resources during the fourth quarter worth approximately $555,000. 18.23% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, HC Wainwright reiterated a “buy” rating and issued a $1.20 price target on shares of Solitario Resources in a report on Friday, February 7th.

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.