Solitario Resources (TSE:SLR) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Solitario Resources Corp. (TSE:SLR – Get Free Report) (NYSE:XPL) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$1.01 and traded as low as C$0.88. Solitario Resources shares last traded at C$0.88, with a volume of 4,000 shares changing hands.

Solitario Resources Price Performance

The company has a market capitalization of C$85.22 million, a PE ratio of -18.00 and a beta of -0.25. The firm’s fifty day simple moving average is C$1.00 and its 200 day simple moving average is C$1.10.

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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