Solitario Resources (TSE:SLR) Hits New 12-Month Low – What’s Next?

Solitario Resources Corp. (TSE:SLR – Get Free Report) (NYSE:XPL) hit a new 52-week low on Thursday. The company traded as low as C$0.72 and last traded at C$0.73, with a volume of 72,015 shares. The stock had previously closed at C$0.75.

Solitario Resources Price Performance

The company has a market capitalization of C$69.12 million, a P/E ratio of -14.60 and a beta of -0.08. The firm has a fifty day moving average price of C$0.93 and a 200-day moving average price of C$1.06.

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.

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