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

Solitario Resources Corp. (NYSEAMERICAN:XPL) (TSE:SLR) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 87,700 shares, a decline of 30.6% from the February 13th total of 126,400 shares. Based on an average daily trading volume, of 51,400 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.1% of the shares of the company are short sold.

Solitario Resources Trading Up 2.3 %

XPL traded up $0.02 during trading on Monday, reaching $0.66. The company had a trading volume of 64,012 shares, compared to its average volume of 83,936. The stock has a market capitalization of $53.35 million, a P/E ratio of -10.92 and a beta of 0.89. Solitario Resources has a 12-month low of $0.48 and a 12-month high of $0.98.

Institutional Investors Weigh In On Solitario Resources

A number of institutional investors have recently bought and sold shares of the business. Millennium Management LLC acquired a new stake in Solitario Resources in the 4th quarter worth approximately $44,000. Total Wealth Planning & Management Inc. bought a new stake in shares of Solitario Resources during the fourth quarter valued at approximately $90,000. National Bank of Canada FI grew its position in Solitario Resources by 57.1% in the fourth quarter. National Bank of Canada FI now owns 165,000 shares of the basic materials company’s stock valued at $98,000 after acquiring an additional 60,000 shares during the period. Geode Capital Management LLC grew its position in Solitario Resources by 11.4% in the third quarter. Geode Capital Management LLC now owns 579,870 shares of the basic materials company’s stock valued at $406,000 after acquiring an additional 59,573 shares during the period. Finally, Lido Advisors LLC acquired a new position in Solitario Resources in the fourth quarter worth $555,000. 18.23% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

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.