Solaris Resources Inc. $SLSR Shares Sold by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. lessened its position in Solaris Resources Inc. (NYSEAMERICAN:SLSR) by 22.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 973,614 shares of the company’s stock after selling 286,219 shares during the period. TD Waterhouse Canada Inc. owned approximately 0.59% of Solaris Resources worth $6,143,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC acquired a new position in Solaris Resources during the 3rd quarter valued at about $38,000. Raymond James Financial Inc. acquired a new position in shares of Solaris Resources during the second quarter worth approximately $38,000. Jane Street Group LLC bought a new position in Solaris Resources in the 2nd quarter worth approximately $97,000. Tidal Investments LLC increased its position in Solaris Resources by 5.4% in the 2nd quarter. Tidal Investments LLC now owns 50,200 shares of the company’s stock valued at $230,000 after acquiring an additional 2,586 shares during the period. Finally, TD Asset Management Inc bought a new stake in Solaris Resources during the 2nd quarter valued at $519,000.

Solaris Resources Stock Performance

Shares of SLSR stock opened at $9.26 on Friday. Solaris Resources Inc. has a 1 year low of $2.50 and a 1 year high of $11.43. The business’s fifty day moving average is $8.30 and its 200-day moving average is $6.62. The stock has a market cap of $1.55 billion, a PE ratio of -26.46 and a beta of 0.50.

Analyst Upgrades and Downgrades

Separately, HC Wainwright increased their price target on Solaris Resources from $13.50 to $16.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Solaris Resources presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.00.

Solaris Resources Company Profile

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.