Shares of Solaris Resources Inc. (TSE:SLS – Get Free Report) reached a new 52-week low on Wednesday . The stock traded as low as C$2.82 and last traded at C$2.97, with a volume of 154146 shares traded. The stock had previously closed at C$2.95.
Analyst Ratings Changes
Several brokerages have recently issued reports on SLS. BMO Capital Markets decreased their target price on Solaris Resources from C$15.00 to C$14.00 and set an “outperform” rating for the company in a research report on Tuesday, June 11th. TD Securities decreased their price objective on shares of Solaris Resources from C$17.00 to C$14.00 and set a “buy” rating for the company in a report on Thursday, June 20th. Canaccord Genuity Group boosted their target price on shares of Solaris Resources from C$14.50 to C$16.00 in a research note on Monday, July 22nd. Eight Capital lowered their price target on shares of Solaris Resources from C$23.50 to C$15.00 in a report on Thursday, July 11th. Finally, National Bankshares lifted their price objective on Solaris Resources from C$8.50 to C$9.00 in a report on Monday, July 22nd. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Solaris Resources currently has a consensus rating of “Buy” and an average price target of C$13.60.
Get Our Latest Analysis on Solaris Resources
Solaris Resources Trading Up 1.0 %
Insider Activity
In related news, Senior Officer Jacqueline Wagenaar sold 18,718 shares of the company’s stock in a transaction that occurred on Monday, June 24th. The shares were sold at an average price of C$4.02, for a total transaction of C$75,220.15. 43.49% of the stock is owned by company insiders.
About Solaris Resources
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.
Featured Stories
- Five stocks we like better than Solaris Resources
- Why Invest in 5G? How to Invest in 5G Stocks Â
- Brinker International’s Price Dip is an Appetizing Entry Point
- Health Care Stocks Explained: Why You Might Want to Invest
- 3 Stocks That Could Beat the September Blues
- Industrial Products Stocks Investing
- Canopy Growth Stock: Can It Sustain Recent Gains?
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.