Solaris Resources (TSE:SLS) Trading Down 0.8% – Should You Sell?

Solaris Resources Inc. (TSE:SLSGet Free Report) shares traded down 0.8% during trading on Thursday . The stock traded as low as C$4.95 and last traded at C$5.04. 193,274 shares changed hands during mid-day trading, a decline of 25% from the average session volume of 258,920 shares. The stock had previously closed at C$5.08.

Solaris Resources Stock Down 0.8 %

The business has a 50 day moving average of C$5.04 and a two-hundred day moving average of C$4.25. The stock has a market capitalization of C$578.16 million, a PE ratio of -8.78 and a beta of 1.90. The company has a debt-to-equity ratio of 712.38, a quick ratio of 1.29 and a current ratio of 4.62.

About Solaris Resources

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Solaris Resources Inc engages in exploration of mineral properties. It focuses on exploring copper, molybdenum, gold, lead, zinc, and silver. The company's flagship project is the 100% owned Warintza Copper and Gold Project comprising nine metallic mineral concessions, which covers an area of 268 km2 located in Ecuador.

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