Solitario Resources Corp. (NYSEAMERICAN:XPL) Short Interest Update

Solitario Resources Corp. (NYSEAMERICAN:XPL) (TSE:SLR) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 126,400 shares, a growth of 34.6% from the January 31st total of 93,900 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 52,200 shares, the days-to-cover ratio is currently 2.4 days.

Analyst Ratings Changes

Separately, HC Wainwright reissued a “buy” rating and issued a $1.20 target price on shares of Solitario Resources in a report on Friday, February 7th.

Solitario Resources Stock Performance

Shares of XPL opened at $0.64 on Thursday. The company has a market capitalization of $51.71 million, a PE ratio of -10.58 and a beta of 0.89. Solitario Resources has a one year low of $0.46 and a one year high of $0.98.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Millennium Management LLC acquired a new position in Solitario Resources during the 4th quarter worth $44,000. Total Wealth Planning & Management Inc. acquired a new position in Solitario Resources during the 4th quarter worth $90,000. National Bank of Canada FI lifted its holdings in Solitario Resources by 57.1% during the 4th quarter. National Bank of Canada FI now owns 165,000 shares of the basic materials company’s stock worth $98,000 after buying an additional 60,000 shares in the last quarter. Focused Wealth Management Inc lifted its holdings in Solitario Resources by 19.3% during the 3rd quarter. Focused Wealth Management Inc now owns 370,900 shares of the basic materials company’s stock worth $260,000 after buying an additional 60,000 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Solitario Resources by 11.4% during the 3rd quarter. Geode Capital Management LLC now owns 579,870 shares of the basic materials company’s stock worth $406,000 after buying an additional 59,573 shares in the last quarter. 18.23% of the stock is owned by institutional investors and hedge funds.

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.