Insider Buying: Solaris Resources Inc. (TSE:SLS) Senior Officer Purchases 3,000 Shares of Stock

Solaris Resources Inc. (TSE:SLS) Senior Officer Javier Felipe Toro acquired 3,000 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were acquired at an average cost of C$4.47 per share, for a total transaction of C$13,398.00.

Javier Felipe Toro also recently made the following trade(s):

• On Tuesday, October 8th, Javier Felipe Toro bought 3,000 shares of Solaris Resources stock. The shares were bought at an average cost of C$3.09 per share, for a total transaction of C$9,261.60.

Solaris Resources Stock Down 2.7 %

SLS traded down C$0.12 during trading on Thursday, hitting C$4.40. The stock had a trading volume of 193,851 shares, compared to its average volume of 230,450. The stock has a 50 day simple moving average of C$3.43 and a two-hundred day simple moving average of C$3.65. The company has a market capitalization of C$713.86 million, a PE ratio of -9.78 and a beta of 1.90. The company has a debt-to-equity ratio of 93.10, a quick ratio of 1.29 and a current ratio of 5.37. Solaris Resources Inc. has a twelve month low of C$2.58 and a twelve month high of C$5.63.

Analyst Ratings Changes

Separately, National Bankshares decreased their price objective on Solaris Resources from C$9.00 to C$8.50 and set an “outperform” rating for the company in a research note on Tuesday, October 15th. Five research analysts have rated the stock with a buy rating, According to MarketBeat, Solaris Resources currently has an average rating of “Buy” and a consensus price target of C$13.50.

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.