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Solitario Zinc Corp. (NYSEAMERICAN:XPL) Short Interest Update

Financial News Live ·  04/29/2023 00:23

Solitario Zinc Corp. (NYSEAMERICAN:XPL – Get Rating) (TSE:SLR) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 3,600 shares, a decline of 95.2% from the March 31st total of 75,400 shares. Based on an average daily trading volume, of 66,600 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company's stock are short sold.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reiterated a "buy" rating and issued a $0.90 price objective on shares of Solitario Zinc in a research note on Wednesday, March 29th.

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Institutional Trading of Solitario Zinc

Several institutional investors and hedge funds have recently made changes to their positions in the business. Citadel Advisors LLC raised its stake in shares of Solitario Zinc by 151.1% in the 3rd quarter. Citadel Advisors LLC now owns 52,799 shares of the basic materials company's stock valued at $26,000 after purchasing an additional 31,768 shares during the period. State Street Corp raised its stake in shares of Solitario Zinc by 410.8% in the 1st quarter. State Street Corp now owns 59,186 shares of the basic materials company's stock valued at $50,000 after purchasing an additional 47,600 shares during the period. Cambridge Investment Research Advisors Inc. raised its stake in shares of Solitario Zinc by 235.2% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 99,761 shares of the basic materials company's stock valued at $84,000 after purchasing an additional 70,000 shares during the period. Aegis Financial Corp acquired a new stake in shares of Solitario Zinc in the 4th quarter valued at about $390,000. Finally, Vanguard Group Inc. raised its stake in shares of Solitario Zinc by 36.6% in the 1st quarter. Vanguard Group Inc. now owns 1,973,804 shares of the basic materials company's stock valued at $1,666,000 after purchasing an additional 529,335 shares during the period. Institutional investors own 11.89% of the company's stock.

Solitario Zinc Stock Performance

NYSEAMERICAN:XPL traded down $0.01 during trading hours on Friday, hitting $0.62. 30,018 shares of the stock were exchanged, compared to its average volume of 69,256. Solitario Zinc has a twelve month low of $0.46 and a twelve month high of $0.79. The company has a market cap of $40.31 million, a price-to-earnings ratio of -8.98 and a beta of 1.28.

Solitario Zinc (NYSEAMERICAN:XPL – Get Rating) (TSE:SLR) last posted its quarterly earnings data on Tuesday, March 21st. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter. On average, equities analysts predict that Solitario Zinc will post -0.04 EPS for the current fiscal year.

About Solitario Zinc

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Solitario Zinc Corp. is a mineral exploration company, which engages in the acquisition and exploration of precious metals and zinc-related exploration mineral properties. Its projects include Florida Canyon in Peru, Lik Zinc in Alaska, and La Promesa in Peru. The company was founded on November 15, 1984 and is headquartered in Wheat Ridge, CO.

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