Solitario Zinc (NYSEAMERICAN:XPL) Share Price Passes Above 50-Day Moving Average of $0.00

Solitario Zinc Corp. (NYSEAMERICAN:XPLGet Rating) (TSE:SLR)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $0.00 and traded as high as $0.57. Solitario Zinc shares last traded at $0.54, with a volume of 60,450 shares trading hands.

Solitario Zinc Trading Down 2.2 %

The company has a market cap of $34.77 million, a PE ratio of -7.67 and a beta of 1.38.

Solitario Zinc (NYSEAMERICAN:XPLGet Rating) (TSE:SLR) last released its quarterly earnings results on Wednesday, August 10th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter. Analysts anticipate that Solitario Zinc Corp. will post -0.06 EPS for the current year.

Institutional Investors Weigh In On Solitario Zinc

Institutional investors and hedge funds have recently made changes to their positions in the stock. Focused Wealth Management Inc acquired a new position in shares of Solitario Zinc in the second quarter valued at approximately $29,000. State Street Corp grew its holdings in shares of Solitario Zinc by 410.8% in the first 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 in the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Solitario Zinc by 235.2% in the first 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 in the last quarter. Finally, Vanguard Group Inc. grew its holdings in Solitario Zinc by 36.6% during the 1st quarter. Vanguard Group Inc. now owns 1,973,804 shares of the basic materials company’s stock worth $1,666,000 after acquiring an additional 529,335 shares in the last quarter. 12.25% of the stock is owned by hedge funds and other institutional investors.

About Solitario Zinc

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Solitario Zinc Corp., an exploration stage company, engages in the acquisition and exploration of zinc and other base metal properties in North and South America. The company holds a 50% operating interest in the Lik zinc-lead-silver property located in Northwest Alaska; 39% interest in the Florida Canyon zinc project located in northern Peru; and 85% interest in the Chambara exploration project located in Peru.

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