Solitario Resources Corp. (NYSEAMERICAN:XPL - Get Free Report) (TSE:SLR) CEO Christopher E. Herald acquired 41,667 shares of the business's stock in a transaction that occurred on Tuesday, April 1st. The shares were acquired at an average cost of $0.60 per share, with a total value of $25,000.20. Following the completion of the transaction, the chief executive officer now directly owns 2,333,667 shares in the company, valued at approximately $1,400,200.20. The trade was a 1.82 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Solitario Resources Stock Down 2.8 %
Shares of NYSEAMERICAN XPL opened at $0.61 on Thursday. The firm has a market capitalization of $49.65 million, a PE ratio of -10.16 and a beta of 0.89. Solitario Resources Corp. has a twelve month low of $0.55 and a twelve month high of $0.98.
Wall Street Analyst Weigh In
Separately, HC Wainwright reissued a "buy" rating and issued a $1.20 price target on shares of Solitario Resources in a research note on Friday, February 7th.
View Our Latest Stock Report on XPL
Hedge Funds Weigh In On Solitario Resources
Several institutional investors have recently bought and sold shares of the company. Lido Advisors LLC acquired a new stake in shares of Solitario Resources during the fourth quarter worth about $555,000. Geode Capital Management LLC lifted its holdings in Solitario Resources by 11.4% during the 3rd quarter. Geode Capital Management LLC now owns 579,870 shares of the basic materials company's stock worth $406,000 after buying an additional 59,573 shares in the last quarter. National Bank of Canada FI boosted its position in Solitario Resources by 57.1% in the 4th quarter. National Bank of Canada FI now owns 165,000 shares of the basic materials company's stock valued at $98,000 after buying an additional 60,000 shares during the period. Total Wealth Planning & Management Inc. acquired a new position in shares of Solitario Resources in the fourth quarter worth $90,000. Finally, Millennium Management LLC purchased a new stake in shares of Solitario Resources during the fourth quarter worth $44,000. 18.23% of the stock is owned by institutional investors and hedge funds.
Solitario Resources Company Profile
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to contact@insidertrades.com.
