Solitario initiated with a Buy at Roth MKM

Roth MKM initiated coverage of Solitario with a Buy rating and $2 price target. The analyst believes the company has the potential to make an industry significant discovery at its 100% owned Golden Crest Project. This includes an initial drill program on targets near the historic Homestake Mine in South Dakota, the analyst tells investors in a research note. Roth says the risk of discovery is offset by Solitario’s partnerships with major mining companies in two high-grade, advanced development zinc projects.