Insider Buying: Solaris Resources Inc. (TSE:SLS) Senior Officer Acquires 3,000 Shares of Stock

Solaris Resources Inc. (TSE:SLS) Senior Officer Javier Felipe Toro purchased 3,000 shares of Solaris Resources stock in a transaction dated Monday, November 25th. The stock was acquired at an average price of C$4.47 per share, for a total transaction of C$13,398.00.

Javier Felipe Toro also recently made the following trade(s):

• On Tuesday, October 8th, Javier Felipe Toro acquired 3,000 shares of Solaris Resources stock. The stock was acquired at an average cost of C$3.09 per share, for a total transaction of C$9,261.60.

Solaris Resources Trading Down 2.7 %

SLS traded down C$0.12 during trading on Thursday, hitting C$4.40. 193,851 shares of the stock were exchanged, compared to its average volume of 230,450. The company has a debt-to-equity ratio of 93.10, a quick ratio of 1.29 and a current ratio of 5.37. The firm has a 50 day simple moving average of C$3.43 and a 200 day simple moving average of C$3.65. The firm has a market cap of C$713.86 million, a price-to-earnings ratio of -9.78 and a beta of 1.90. Solaris Resources Inc. has a 1 year low of C$2.58 and a 1 year high of C$5.63.

Analyst Upgrades and Downgrades

Separately, National Bankshares lowered their target price on shares of Solaris Resources from C$9.00 to C$8.50 and set an “outperform” rating for the company in a research note on Tuesday, October 15th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of C$13.50.

About Solaris Resources

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.