Solitario Resources (NYSEAMERICAN:XPL) Posts Earnings Results

Solitario Resources (NYSEAMERICAN:XPL) (TSE:SLR) announced its earnings results on Tuesday. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.01), Yahoo Finance reports.

Solitario Resources Price Performance

XPL traded up $0.01 during trading on Wednesday, reaching $0.82. 14,843 shares of the company were exchanged, compared to its average volume of 104,567. The company has a market cap of $66.61 million, a P/E ratio of -13.83 and a beta of 0.93. Solitario Resources has a 52 week low of $0.43 and a 52 week high of $0.98.

Analyst Upgrades and Downgrades

XPL has been the topic of several research reports. HC Wainwright upped their price target on Solitario Resources from $0.80 to $1.10 and gave the company a “buy” rating in a research report on Friday, May 3rd. Roth Capital raised Solitario Resources to a “strong-buy” rating in a research report on Monday, June 10th. Finally, Roth Mkm initiated coverage on Solitario Resources in a research report on Monday, June 10th. They set a “buy” rating and a $2.00 price target on the stock.

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.