--- title: "Solaris Resources (NYSEAMERICAN:SLSR) Trading Down 8.8% - Here's Why" type: "News" locale: "en" url: "https://longbridge.com/en/news/279829361.md" description: "Solaris Resources (NYSEAMERICAN:SLSR) shares fell 8.8% to $7.7490, with trading volume down 75% from average levels. Analysts have mixed ratings, with HC Wainwright raising the price target from $13.50 to $16.00, maintaining a \"buy\" rating. The stock has a market cap of $1.35 billion and a P/E ratio of -23.07. Hedge funds have recently adjusted their holdings, with several increasing their stakes. Solaris focuses on copper and gold exploration in the Americas, with its flagship asset being the Warintza copper project in Ecuador." datetime: "2026-03-19T17:19:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279829361.md) - [en](https://longbridge.com/en/news/279829361.md) - [zh-HK](https://longbridge.com/zh-HK/news/279829361.md) --- # Solaris Resources (NYSEAMERICAN:SLSR) Trading Down 8.8% - Here's Why Solaris Resources Inc. (NYSEAMERICAN:SLSR - Get Free Report)'s share price fell 8.8% on Thursday . The stock traded as low as $7.45 and last traded at $7.7490. 43,488 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 171,004 shares. The stock had previously closed at $8.50. Get **Solaris Resources** alerts: ## Wall Street Analyst Weigh In Separately, HC Wainwright raised their price objective on Solaris Resources from $13.50 to $16.00 and gave the company a "buy" rating in a research note on Wednesday, January 21st. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Solaris Resources has an average rating of "Moderate Buy" and an average target price of $16.00. **Read Our Latest Report on Solaris Resources** ## Solaris Resources Price Performance The stock's 50 day moving average is $9.52 and its two-hundred day moving average is $7.67. The firm has a market cap of $1.35 billion, a P/E ratio of -23.07 and a beta of 0.31. ## Institutional Trading of Solaris Resources Hedge funds have recently modified their holdings of the company. Tidal Investments LLC increased its stake in shares of Solaris Resources by 5.4% in the second quarter. Tidal Investments LLC now owns 50,200 shares of the company's stock valued at $230,000 after buying an additional 2,586 shares in the last quarter. Bank of Montreal Can grew its holdings in Solaris Resources by 0.8% during the 4th quarter. Bank of Montreal Can now owns 333,630 shares of the company's stock worth $2,674,000 after acquiring an additional 2,668 shares during the period. Farther Finance Advisors LLC grew its stake in shares of Solaris Resources by 50.0% during the fourth quarter. Farther Finance Advisors LLC now owns 9,000 shares of the company's stock worth $72,000 after purchasing an additional 3,000 shares during the period. Public Employees Retirement System of Ohio increased its stake in shares of Solaris Resources by 21.5% in the 4th quarter. Public Employees Retirement System of Ohio now owns 23,313 shares of the company's stock valued at $187,000 after acquiring an additional 4,119 shares during the last quarter. Finally, Barclays PLC bought a new stake in Solaris Resources in the fourth quarter valued at approximately $36,000. ## About Solaris Resources (Get Free Report) Solaris Resources NYSEAMERICAN: SLSR is a Vancouver-based mineral exploration company dedicated to the discovery, acquisition and advancement of large-scale copper and gold deposits across the Americas. Established in 2017, the company focuses on generating high-potential projects in mining-friendly jurisdictions and applying innovative exploration techniques to de-risk assets at an early stage. Solaris leverages a multidisciplinary technical team to identify and systematically evaluate resource targets with district-scale potential. The company's flagship asset is the Warintza copper project in southeastern Ecuador, where Solaris has assembled a strategic land position in the emerging Andean copper belt. ## Further Reading - Five stocks we like better than Solaris Resources _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Solaris Resources Right Now? Before you consider Solaris Resources, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Solaris Resources wasn't on the list. 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