Solaris Resources (TSE:SLS) Sets New 1-Year High – Still a Buy?

Shares of Solaris Resources Inc. (TSE:SLSGet Free Report) hit a new 52-week high on Wednesday . The stock traded as high as C$5.71 and last traded at C$5.71, with a volume of 11341 shares traded. The stock had previously closed at C$5.58.

Solaris Resources Trading Up 3.0 %

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 business’s 50-day simple moving average is C$4.83 and its two-hundred day simple moving average is C$3.86. The firm has a market capitalization of C$671.08 million, a price-to-earnings ratio of -10.19 and a beta of 1.90.

About Solaris Resources

(Get Free Report)

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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