Canaccord Genuity Group Boosts Solaris Resources (TSE:SLS) Price Target to C$14.50

Solaris Resources (TSE:SLS) had its price objective hoisted by Canaccord Genuity Group from C$13.50 to C$14.50 in a report published on Wednesday, BayStreet.CA reports.

Other analysts have also issued research reports about the stock. National Bankshares lowered their price objective on shares of Solaris Resources from C$10.50 to C$8.00 and set an outperform rating on the stock in a research report on Monday, January 8th. BMO Capital Markets lowered their price objective on shares of Solaris Resources from C$17.00 to C$15.00 in a research report on Friday, January 12th. Finally, TD Securities lowered their price objective on shares of Solaris Resources from C$20.00 to C$17.00 and set a speculative buy rating on the stock in a research report on Tuesday, March 5th.

Solaris Resources Stock Down 2.2 %

Solaris Resources stock opened at C$4.50 on Wednesday. The stock has a market cap of C$794.84 million, a PE ratio of -9.78 and a beta of 2.00. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.29 and a current ratio of 1.81. Solaris Resources has a fifty-two week low of C$3.61 and a fifty-two week high of C$7.42. The firm’s 50-day simple moving average is C$4.29 and its 200 day simple moving average is C$4.58.

Solaris Resources Company Profile

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.