Solitario Resources’ (XPL) Buy Rating Reiterated at HC Wainwright

HC Wainwright restated their buy rating on shares of Solitario Resources (NYSEAMERICAN:XPL) (TSE:SLR) in a report published on Monday morning,Benzinga reports. They currently have a $1.20 price target on the basic materials company’s stock. HC Wainwright also issued estimates for Solitario Resources’ FY2026 earnings at ($0.05) EPS.

Solitario Resources Stock Up 0.8%

Shares of NYSEAMERICAN:XPL opened at $0.78 on Monday. The company has a market capitalization of $72.29 million, a P/E ratio of -15.68 and a beta of 0.41. Solitario Resources has a 52-week low of $0.54 and a 52-week high of $0.98. The stock’s fifty day simple moving average is $0.78 and its 200-day simple moving average is $0.71.

Institutional Investors Weigh In On Solitario Resources

Hedge funds and other institutional investors have recently made changes to their positions in the business. Mercer Global Advisors Inc. ADV purchased a new stake in shares of Solitario Resources in the third quarter valued at $35,000. XTX Topco Ltd boosted its stake in Solitario Resources by 185.0% in the 4th quarter. XTX Topco Ltd now owns 53,018 shares of the basic materials company’s stock worth $37,000 after buying an additional 34,415 shares during the last quarter. Total Wealth Planning & Management Inc. acquired a new stake in Solitario Resources in the 4th quarter worth about $130,000. Citadel Advisors LLC purchased a new stake in Solitario Resources in the 3rd quarter valued at about $194,000. Finally, Focused Wealth Management Inc grew its holdings in Solitario Resources by 7.0% in the 4th quarter. Focused Wealth Management Inc now owns 610,900 shares of the basic materials company’s stock valued at $426,000 after buying an additional 40,000 shares during the period. Hedge funds and other institutional investors own 18.23% of the company’s stock.

About Solitario Resources

Solitario Resources Corp. is a mineral exploration and development company focused on base and precious metals in the Americas. Headquartered in Englewood, Colorado, the firm targets copper, gold and silver through a combination of strategic acquisitions, grassroots exploration and joint-venture partnerships. Solitario’s work spans the full project life cycle from early-stage target generation and permitting through advanced stage resource definition and prefeasibility studies.

The company’s project portfolio includes a range of properties across North and South America.