Solitario Resources Corp. (NYSEAMERICAN:XPL) Short Interest Update

Solitario Resources Corp. (NYSEAMERICAN:XPL) (TSE:SLR) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 126,400 shares, an increase of 34.6% from the January 31st total of 93,900 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 52,200 shares, the short-interest ratio is presently 2.4 days.

Analyst Upgrades and Downgrades

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

Institutional Trading of Solitario Resources

Several large investors have recently made changes to their positions in the company. Lido Advisors LLC bought a new stake in shares of Solitario Resources in the 4th quarter valued at $555,000. Total Wealth Planning & Management Inc. acquired a new position in shares of Solitario Resources during the fourth quarter valued at about $90,000. Millennium Management LLC purchased a new stake in shares of Solitario Resources in the fourth quarter worth approximately $44,000. Focused Wealth Management Inc lifted its stake in Solitario Resources by 19.3% during the 3rd quarter. Focused Wealth Management Inc now owns 370,900 shares of the basic materials company’s stock valued at $260,000 after acquiring an additional 60,000 shares in the last quarter. Finally, National Bank of Canada FI lifted its position in shares of Solitario Resources by 57.1% during 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 in the last quarter. Institutional investors and hedge funds own 18.23% of the company’s stock.

Solitario Resources Trading Down 2.9 %

Shares of NYSEAMERICAN XPL traded down $0.02 during midday trading on Wednesday, reaching $0.64. The company’s stock had a trading volume of 22,007 shares, compared to its average volume of 88,907. The company has a market cap of $51.71 million, a price-to-earnings ratio of -10.58 and a beta of 0.89. Solitario Resources has a fifty-two week low of $0.46 and a fifty-two week high of $0.98.

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.