Solitario Resources (TSE:SLR) Stock Passes Below 200 Day Moving Average – Here’s Why

Solitario Resources Corp. (TSE:SLRGet Free Report) (NYSE:XPL)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.11 and traded as low as C$1.08. Solitario Resources shares last traded at C$1.09, with a volume of 7,800 shares traded.

Solitario Resources Stock Up 1.8%

The company has a market cap of C$105.10 million, a P/E ratio of -22.20 and a beta of -0.45. The stock has a 50 day moving average price of C$1.07 and a two-hundred day moving average price of C$1.11.

Solitario Resources Company Profile

(Get Free Report)

Solitario is a natural resource exploration company focused on high-quality Tier-1 gold, copper, zinc and critical metals (molybdenum and rhenium) projects. Solitario’s 100%-owned Golden Crest properties in South Dakota constitute strategic land holdings (31,500 acres) along the western and southwestern extensions of the Homestake-Wharf mining district that has produced approximately 52 million ounces of gold. In addition to its Golden Crest and Cat Creek projects, Solitario holds a 100% interest in the Bright Angel copper-gold project in Colorado.

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