Solitario Resources (XPL) Projected to Post Earnings on Wednesday

Solitario Resources (NYSEAMERICAN:XPL) (TSE:SLR) is expected to be issuing its results before the market opens on Wednesday, November 4th. Analysts expect Solitario Resources to post earnings of ($0.03) per share for the quarter.

Solitario Resources (NYSEAMERICAN:XPL) (TSE:SLR) last issued its quarterly earnings results on Thursday, August 6th. The basic materials company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). On average, analysts expect Solitario Resources to post ($0.07) EPS for the current fiscal year and ($0.07) EPS for the next fiscal year.

Solitario Resources Price Performance

Shares of XPL opened at $0.51 on Wednesday. Solitario Resources has a 1 year low of $0.47 and a 1 year high of $0.98. The stock has a 50 day simple moving average of $0.62 and a 200-day simple moving average of $0.75.

Analysts Set New Price Targets

Separately, HC Wainwright reaffirmed a “buy” rating and issued a $1.20 target price on shares of Solitario Resources in a research note on Wednesday, July 1st. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Solitario Resources presently has a consensus rating of “Moderate Buy” and a consensus price target of $1.20.

Solitario Resources Company Profile

Solitario Resources Corp. is a mineral exploration company focused primarily on the discovery and advancement of gold and other mineral projects in the Americas. The company is listed on the NYSE American under the symbol XPL.

Solitario’s principal exploration assets include the Golden Crest project in South Dakota and the Florida Canyon project in Nevada. These properties are being evaluated for their gold potential through exploration programs, including geological mapping, sampling, drilling and related technical studies.

The company also holds an interest in the Bongará zinc project in Peru, a development-stage asset operated in partnership with Nexa Resources.