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 Tuesday at $0.57.
According to TipRanks.com, Ihle is a top 100 analyst with an average return of 37.5% and a 58.1% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Northern Dynasty Minerals, First Majestic Silver, and Great Panther Silver.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Solitario Exploration & Royalty with a $0.90 average price target.
Solitario Exploration & Royalty’s market cap is currently $33.32M and has a P/E ratio of -35.20. The company has a Price to Book ratio of 1.47.
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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.