Solitario Resources (NYSEAMERICAN:XPL) Posts Earnings Results, Misses Expectations By $0.01 EPS

Solitario Resources (NYSEAMERICAN:XPL) (TSE:SLR) announced its quarterly earnings data on Tuesday. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01), Zacks reports.

Solitario Resources Price Performance

Shares of XPL traded up $0.01 during trading hours on Thursday, hitting $0.63. The stock had a trading volume of 60,518 shares, compared to its average volume of 93,474. Solitario Resources has a 1-year low of $0.43 and a 1-year high of $0.98. The company has a market cap of $51.31 million, a PE ratio of -12.60 and a beta of 0.92.

Wall Street Analyst Weigh In

Separately, HC Wainwright upped their price objective on shares of Solitario Resources from $1.10 to $1.20 and gave the stock a “buy” rating in a research report on Wednesday, August 21st.

Solitario Resources Company Profile

Solitario Resources Corp., an exploration stage company, engages in the acquisition and exploration of precious metal, zinc, and other base metal properties in North and South America. The company holds 50% interest in the Lik zinc-lead-silver property located in Northwest Alaska; 39% interest in the Florida Canyon zinc project located in northern Peru; and 85% interest in the Chambara exploration project located in Peru.