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 company’s stock in a transaction 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 purchased 3,000 shares of Solaris Resources stock. The stock was acquired at an average cost of C$3.09 per share, for a total transaction of C$9,261.60.

Solaris Resources Price Performance

SLS stock opened at C$4.40 on Friday. The firm has a 50 day moving average of C$3.44 and a 200-day moving average of C$3.65. The firm has a market capitalization of C$713.86 million, a P/E ratio of -9.78 and a beta of 1.90. Solaris Resources Inc. has a 12 month low of C$2.58 and a 12 month high of C$5.63. The company has a current ratio of 5.37, a quick ratio of 1.29 and a debt-to-equity ratio of 93.10.

Analyst Ratings Changes

Separately, National Bankshares reduced their price objective on shares of 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 equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Solaris Resources presently has an average rating of “Buy” and an average target price 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.