National Bankshares Issues Positive Forecast for Solaris Resources (TSE:SLS) Stock Price

Solaris Resources (TSE:SLS) had its price target increased by National Bankshares from C$10.00 to C$10.50 in a report issued on Wednesday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Solaris Resources Price Performance

Solaris Resources stock opened at C$4.86 on Wednesday. Solaris Resources has a 52-week low of C$2.58 and a 52-week high of C$5.90. The company has a quick ratio of 1.29, a current ratio of 4.62 and a debt-to-equity ratio of 712.38. The firm’s fifty day moving average is C$5.01 and its 200 day moving average is C$4.31. The company has a market cap of C$557.51 million, a price-to-earnings ratio of -8.47 and a beta of 1.90.

Solaris Resources Company Profile

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.