Solaris Resources Inc. (OTCMKTS:SLSSF – Get Rating) saw a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 719,700 shares, a growth of 82.6% from the October 15th total of 394,200 shares. Based on an average daily volume of 13,100 shares, the short-interest ratio is presently 54.9 days.

Analyst Ratings Changes

A number of research firms recently commented on SLSSF. National Bank Financial decreased their price objective on Solaris Resources from C$16.00 to C$14.00 in a research note on Thursday, October 13th. Scotiabank decreased their price objective on Solaris Resources from C$19.50 to C$14.50 in a research note on Thursday, October 13th.

Solaris Resources Price Performance

OTCMKTS SLSSF traded up $0.70 during mid-day trading on Friday, reaching $4.48. 7,682 shares of the company's stock traded hands, compared to its average volume of 5,650. Solaris Resources has a 1-year low of $3.32 and a 1-year high of $13.41. The company has a fifty day simple moving average of $4.29 and a 200-day simple moving average of $6.07.

Solaris Resources Company Profile

Solaris Resources Inc engages in acquisition, exploration, and development 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 eight metallic mineral concessions, which covers an area of 268 km2 located in Ecuador.

Read More

• Get a free copy of the StockNews.com research report on Solaris Resources (SLSSF)
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