Solitario Resources (NYSEAMERICAN:XPL) Announces Quarterly Earnings Results, Misses Estimates By $0.01 EPS

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

Solitario Resources Price Performance

Shares of NYSEAMERICAN XPL traded down $0.00 during mid-day trading on Wednesday, reaching $0.63. The company had a trading volume of 11,188 shares, compared to its average volume of 93,300. Solitario Resources has a 52-week low of $0.43 and a 52-week high of $0.98. The company has a market capitalization of $51.49 million, a price-to-earnings ratio of -12.70 and a beta of 0.92.

Wall Street Analyst Weigh In

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

About Solitario Resources

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.