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Solaris price target raised to $13 from $11 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Solaris (SLSR) to $13 from $11 and keeps a Buy rating on the shares after the company entered into a $200M financing agreement with Royal Gold (RGLD). The firm believes the transaction gives Solaris the financial flexibility to advance Warintza without further diluting shareholders.

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