Solitario Resources Corp. (NYSEAMERICAN:XPL) CEO Christopher E. Herald Acquires 41,667 Shares

Solitario Resources Corp. (NYSEAMERICAN:XPL) (TSE:SLR) CEO Christopher E. Herald purchased 41,667 shares of Solitario Resources stock in a transaction that occurred on Tuesday, April 1st. The shares were bought at an average price of $0.60 per share, with a total value of $25,000.20. Following the transaction, the chief executive officer now owns 2,333,667 shares in the company, valued at approximately $1,400,200.20. The trade was a 1.82 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Solitario Resources Trading Down 2.8 %

NYSEAMERICAN:XPL opened at $0.61 on Thursday. The stock has a market capitalization of $49.65 million, a PE ratio of -10.16 and a beta of 0.89. Solitario Resources Corp. has a twelve month low of $0.55 and a twelve month high of $0.98.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

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

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.