Solitario Resources (NYSEAMERICAN:XPL) was given a new price target of $1.20 by HC Wainwright

Solitario Resources (NYSEAMERICAN:XPL – Free Report) (TSE:SLR) upped their price target on HC Wainwright from $1.10 to $1.20 in a research note on Wednesday, Benzinga reports. They currently have a buy rating on the basic materials company’s stock.

XPL has been the subject of a number of other research reports. Roth Mkm began coverage on Solitario Resources in a research report on Monday, June 10th. They issued a buy rating and a $2.00 price target on the stock. Roth Capital raised Solitario Resources to a strong-buy rating in a research note on Monday, June 10th.

Check out our latest analysis of Solitario resources

Solitario Resources Stock Performance

XPL stock opened at $0.84 on Wednesday. Solitario Resources has a 12 month low of $0.43 and a 12 month high of $0.98. The stock has a market cap of $68.74 million, a PE ratio of -14.07 and a beta of 0.93.

Solitario Resources (NYSEAMERICAN:XPL – Get Your Free Report ) (TSE:SLR) last posted its quarterly earnings results on Tuesday, July 30th. The basic materials company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). As a group, analysts anticipate that Solitario Resources will post -0.05 earnings per share for the current year.

Hedge funds influence Solitario resources

Several hedge funds have recently added to or reduced their stakes in the stock. Focused Wealth Management Inc raised its stake in Solitario Resources by 75.9% in the first quarter. Focused Wealth Management Inc now owns 175,900 shares of the basic materials company’s stock valued at $106,000 after acquiring an additional 75,900 shares during the last quarter. US Global Investors Inc. acquired a new stake in shares of Solitario Resources in the second quarter valued at about $266,000. Finally, Renaissance Technologies LLC raised its stake in Solitario Resources by 11.1% during the 2nd quarter. Renaissance Technologies LLC now owns 868,872 shares of the basic materials company’s stock worth $769,000 after which bought an additional 86,854 shares in the last quarter. 18.23% of the shares are currently held by hedge funds and other institutional investors.

Solitario Resources Company Profile

(Get a free report)

Solitario Resources Corp., an exploration company, engages in the acquisition and exploration of precious metal, zinc and other base metal properties in North and South America. The Company owns a 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.

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