Solitario Resources' (XPL) "Buy" Rating Reiterated at HC Wainwright

Solitario Resources (NYSEAMERICAN:XPL - Get Free Report) TSE: SLR's stock had its "buy" rating reiterated by stock analysts at HC Wainwright in a research note issued on Monday,Benzinga reports. They presently have a $1.20 price objective on the basic materials company's stock. HC Wainwright's price objective would indicate a potential upside of 43.58% from the company's previous close.Get Solitario Resources alerts:Solitario Resources Stock Up 1.6%Shares of XPL stock opened at $0.84 on Monday. The company's fifty day simple moving average is $0.78 and its 200-day simple moving average is $0.72. The firm has a market cap of $77.07 million, a PE ratio of -16.72 and a beta of 0.41. Solitario Resources has a 12 month low of $0.54 and a 12 month high of $0.98. Hedge Funds Weigh In On Solitario ResourcesHedge funds have recently modified their holdings of the stock. Mercer Global Advisors Inc. ADV bought a new stake in Solitario Resources during the third quarter worth about $35,000. XTX Topco Ltd increased its position in shares of Solitario Resources by 185.0% during the 4th quarter. XTX Topco Ltd now owns 53,018 shares of the basic materials company's stock worth $37,000 after purchasing an additional 34,415 shares during the last quarter. Total Wealth Planning & Management Inc. acquired a new position in shares of Solitario Resources during the 4th quarter worth approximately $130,000. Citadel Advisors LLC bought a new stake in shares of Solitario Resources during the 3rd quarter worth approximately $194,000. Finally, Focused Wealth Management Inc raised its stake in shares of Solitario Resources by 7.0% during the 4th quarter. Focused Wealth Management Inc now owns 610,900 shares of the basic materials company's stock worth $426,000 after purchasing an additional 40,000 shares in the last quarter. Institutional investors own 18.23% of the company's stock. Solitario Resources Company Profile (Get Free Report)Solitario Resources Corp. is a mineral exploration and development company focused on base and precious metals in the Americas. Headquartered in Englewood, Colorado, the firm targets copper, gold and silver through a combination of strategic acquisitions, grassroots exploration and joint-venture partnerships. Solitario's work spans the full project life cycle from early-stage target generation and permitting through advanced stage resource definition and prefeasibility studies. The company's project portfolio includes a range of properties across North and South America.Further ReadingFive stocks we like better than Solitario ResourcesThis 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 Solitario Resources Right Now?Before you consider Solitario 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 Solitario Resources wasn't on the list.While Solitario Resources currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here