H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Solitario Exploration & Royalty (XPL – Research Report) today and set a price target of $0.90. The company’s shares closed last Monday at $0.60.
According to TipRanks.com, Ihle is a 4-star analyst with an average return of 7.0% and a 38.9% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Northern Dynasty Minerals, Americas Gold and Silver, and First Majestic Silver.
Currently, the analyst consensus on Solitario Exploration & Royalty is a Moderate Buy with an average price target of $0.90.
Solitario Exploration & Royalty’s market cap is currently $37.33M and has a P/E ratio of -14.41.
Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of XPL in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Solitario Zinc Corp. engages in mineral exploration. It focuses on the acquisition of precious and base metal properties with exploration potential, and the purchase of royalty interests. The company was founded on November 15, 1984 and is headquartered in Wheat Ridge, CO.
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