Solaris Resources Inc. (NYSEAMERICAN:SLSR – Get Free Report)’s share price rose 8.1% during trading on Friday . The stock traded as high as $8.81 and last traded at $8.80. Approximately 29,444 shares traded hands during trading, a decline of 81% from the average session volume of 153,468 shares. The stock had previously closed at $8.14.
Solaris Resources Trading Up 6.8%
The company’s 50 day moving average is $8.10 and its 200-day moving average is $9.08. The stock has a market cap of $1.45 billion, a PE ratio of -48.28 and a beta of 1.29.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of SLSR. Barclays PLC acquired a new position in shares of Solaris Resources during the fourth quarter valued at approximately $36,000. Russell Investments Group Ltd. bought a new position in Solaris Resources during the 3rd quarter valued at $38,000. Raymond James Financial Inc. bought a new position in Solaris Resources during the 2nd quarter valued at $38,000. Farther Finance Advisors LLC increased its position in shares of Solaris Resources by 50.0% during the 4th quarter. Farther Finance Advisors LLC now owns 9,000 shares of the company’s stock valued at $72,000 after purchasing an additional 3,000 shares during the period. Finally, Themes Management Co LLC acquired a new stake in shares of Solaris Resources in the fourth quarter valued at $92,000.
About Solaris Resources
Solaris Resources (NYSEAMERICAN: SLSR) is a Vancouver-based mineral exploration company dedicated to the discovery, acquisition and advancement of large-scale copper and gold deposits across the Americas. Established in 2017, the company focuses on generating high-potential projects in mining-friendly jurisdictions and applying innovative exploration techniques to de-risk assets at an early stage. Solaris leverages a multidisciplinary technical team to identify and systematically evaluate resource targets with district-scale potential.
The company’s flagship asset is the Warintza copper project in southeastern Ecuador, where Solaris has assembled a strategic land position in the emerging Andean copper belt.
See Also
- Five stocks we like better than Solaris Resources
- Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss
- Advance Auto Parts Plunged, But Its Turnaround Is Still Working
- Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?
- Meta Platform’s Legal Issues Could Become Much More Than A Q2 Earnings Headache
Receive News & Ratings for Solaris Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Solaris Resources and related companies with MarketBeat.com's FREE daily email newsletter.
