Solitario Zinc Corp (NYSEAMERICAN:XPL) (TSE:SLR) was the recipient of a significant growth in short interest in May. As of May 31st, there was short interest totalling 46,700 shares, a growth of 105.7% from the April 30th total of 22,700 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 73,300 shares, the short-interest ratio is currently 0.6 days.
Shares of XPL stock traded down $0.01 on Monday, reaching $0.34. The company had a trading volume of 11,072 shares, compared to its average volume of 56,097. Solitario Zinc has a one year low of $0.19 and a one year high of $0.54.
A number of research analysts have recently commented on XPL shares. HC Wainwright reissued a “buy” rating and issued a $1.00 target price on shares of Solitario Zinc in a report on Wednesday, February 20th. Zacks Investment Research raised shares of Solitario Zinc from a “sell” rating to a “hold” rating in a report on Friday, May 24th.
About Solitario Zinc
Solitario Zinc Corp., an exploration stage company, engages in the acquisition, exploration, and development of zinc properties in North and South America. It primarily owns a 39% interest in the Florida Canyon zinc project located in northern Peru; and a 50% interest in the Lik zinc-lead-silver property located in Northwest Alaska.
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