Solitario Resources (XPL) Expected to Announce Earnings on Monday

Solitario Resources (NYSEAMERICAN:XPL) (TSE:SLR) is expected to release its results before the market opens on Monday, November 3rd. Analysts expect Solitario Resources to post earnings of ($0.01) per share for the quarter.

Solitario Resources Price Performance

Solitario Resources stock opened at $0.77 on Monday. The firm has a 50 day simple moving average of $0.75 and a 200-day simple moving average of $0.69. Solitario Resources has a 1-year low of $0.54 and a 1-year high of $0.90. The stock has a market cap of $69.55 million, a price-to-earnings ratio of -11.02 and a beta of 0.51.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on XPL. HC Wainwright reissued a “buy” rating and issued a $1.20 price target on shares of Solitario Resources in a research note on Thursday, August 21st. Zacks Research raised shares of Solitario Resources from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 21st. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Strong Buy” and a consensus price target of $1.20.

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.