Solaris Resources (TSE:SLS) Stock Price Down 0.8% – Time to Sell?

Solaris Resources Inc. (TSE:SLS) shares were down 0.8% during mid-day trading on Thursday . The company traded as low as C$4.95 and last traded at C$5.04. Approximately 193,274 shares were traded during trading, a decline of 25% from the average daily volume of 258,920 shares. The stock had previously closed at C$5.08.

Solaris Resources Stock Down 0.8 %

The company has a current ratio of 4.62, a quick ratio of 1.29 and a debt-to-equity ratio of 712.38. The company has a 50-day simple moving average of C$5.04 and a 200 day simple moving average of C$4.25. The company has a market cap of C$578.16 million, a P/E ratio of -8.78 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.