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

Solaris Resources Inc. (TSE:SLSGet Free Report)’s share price fell 0.8% on Thursday . The stock traded as low as C$4.95 and last traded at C$5.04. 193,274 shares were traded during mid-day 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 Trading Down 3.4 %

The stock has a market cap of C$558.66 million, a price-to-earnings ratio of -8.48 and a beta of 1.90. The business has a 50-day moving average of C$5.03 and a 200-day moving average of C$4.26. The company has a quick ratio of 1.29, a current ratio of 4.62 and a debt-to-equity ratio of 712.38.

Solaris Resources Company Profile

(Get Free Report)

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

Receive News & Ratings for Solaris Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Solaris Resources and related companies with MarketBeat.com's FREE daily email newsletter.