Solaris Resources (TSX:SLS) - Stock Price, News & Analysis

SLS Stock Overview

Solaris Resources Inc. engages in exploration of mineral properties.

SLS fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Risk Analysis

Makes less than USD$1m in revenue ($0)

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year

Solaris Resources Inc. Competitors

Major Drilling Group International

TSX:MDI

CA$757.3m

Altius Minerals

TSX:ALS

CA$981.5m

Patriot Battery Metals

TSX:PMET

CA$995.6m

PolyMet Mining

TSX:POM

CA$556.2m

Price History & Performance

Summary of all time highs, changes and price drops for Solaris Resources
Historical stock prices
Current Share Price	CA$4.83
52 Week High	CA$7.50
52 Week Low	CA$3.61
Beta	2.09
1 Month Change	10.53%
3 Month Change	18.97%
1 Year Change	-34.38%
3 Year Change	-48.29%
5 Year Change	n/a
Change since IPO	222.00%

Recent updates

Is Solaris Resources (TSE:SLS) In A Good Position To Deliver On Growth Plans?

Apr 22

Is Solaris Resources (TSE:SLS) In A Good Position To Invest In Growth?

Jan 21

Companies Like Solaris Resources (TSE:SLS) Are In A Position To Invest In Growth

Oct 03

We're Not Very Worried About Solaris Resources' (TSE:SLS) Cash Burn Rate

May 25

What Kind Of Investors Own Most Of Solaris Resources Inc. (TSE:SLS)?

Feb 25

The Executive Chairman of Solaris Resources Inc. (CVE:SLS), Richard Warke, Just Bought 32% More Shares

Jan 03

We're Not Very Worried About Solaris Resources' (CVE:SLS) Cash Burn Rate

Dec 02

Shareholder Returns

	SLS	CA Metals and Mining	CA Market
7D	-0.8%	0.7%	-2.2%
1Y	-34.4%	-7.3%	3.9%

Return vs Industry: SLS underperformed the Canadian Metals and Mining industry which returned -5.8% over the past year.

Return vs Market: SLS underperformed the Canadian Market which returned 4.7% over the past year.

Price Volatility

Is SLS's price volatile compared to industry and market?
SLS volatility
SLS Average Weekly Movement	6.6%
Metals and Mining Industry Average Movement	11.5%
Market Average Movement	9.2%
10% most volatile stocks in CA Market	18.3%
10% least volatile stocks in CA Market	3.2%

Stable Share Price: SLS has not had significant price volatility in the past 3 months.

Volatility Over Time: SLS's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2018	60	Dan Earle	www.solarisresources.com

Solaris Resources Inc. engages in exploration of mineral properties. It focuses on exploring copper, molybdenum, gold, lead, zinc, and silver. The company’s flagship project is the 100% owned Warintza Copper and Gold Project comprising nine metallic mineral concessions, which covers an area of 268 km2 located in Ecuador.

Solaris Resources Inc. Fundamentals Summary

How do Solaris Resources's earnings and revenue compare to its market cap?
SLS fundamental statistics
Market cap	CA$745.03m
Earnings (TTM)	-CA$56.53m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-12.9x

P/E Ratio

Is SLS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SLS income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$41.01m
Earnings	-US$41.01m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.27
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	115.5%

How did SLS perform over the long term?

See historical performance and comparison

SLS Stock Overview

Rewards

Risk Analysis

Solaris Resources Inc. Competitors

TSX:MDI

CA$757.3m

TSX:ALS

CA$981.5m

TSX:PMET

CA$995.6m

TSX:POM

CA$556.2m

Price History & Performance

Recent News & Updates

Solaris Resources Inc., Annual General Meeting, Jun 24, 2024

Executive Chairman recently bought CA$84k worth of stock

Solaris Resources Inc. Commences 2024 Drilling Program At Warintza Project

Chief Operating Officer recently bought CA$100k worth of stock

Price target decreased by 11% to CA$17.13

Solaris Resources Inc. announced that it expects to receive CAD 129.589865 million in funding from Zijin Mining Group Company Limited

Recent updates

Solaris Resources Inc., Annual General Meeting, Jun 24, 2024

Executive Chairman recently bought CA$84k worth of stock

Solaris Resources Inc. Commences 2024 Drilling Program At Warintza Project

Chief Operating Officer recently bought CA$100k worth of stock

Price target decreased by 11% to CA$17.13

Solaris Resources Inc. announced that it expects to receive CAD 129.589865 million in funding from Zijin Mining Group Company Limited

Solaris Resources Inc. Provides Updated Warintza Mineral Resource Estimate

Executive Chairman recently bought CA$78k worth of stock

Solaris Resources Inc. announced that it expects to receive $60 million in funding

Solaris Resources Inc. announced that it expects to receive $60 million in funding from Orion Mine Finance

Solaris Resources Inc. Appoints Javier Toro as Chief Operating Officer, Effective January 1

Solaris Resources Inc. Announces Assay Results from the First Two Reconnaissance Drill Holes At the Patrimonio Target Confirming A Significant New Discovery, Southwest of Central, on the Warintza Project in Southeastern Ecuador

Solaris Resources Inc. Reports 105M of 0.60% Cueq and 132.60% Cueq from Near Surface

Solaris Resources Inc. Reports 54m of 0.80% CuEq from Surface in Northwest Step-Out at Warintza Central

Solaris Resources Inc. Reports Significant New Porphyry Discovery in First Hole At Patrimonio, Second and Third Holes Underway and Additional Rigs Being Mobilized

Solaris Resources Inc. Reports Highest Grades to Date in Second Porphyry Centre Outside Resource At Warintza East

President exercised options to buy CA$8.5m worth of stock.

Executive Chairman exercised options to buy CA$102m worth of stock.

Solaris Resources Inc. Expands Warintza West to 1.2km by 0.7km, Identifies New Potential

Solaris Resources Inc. Reports High Recoveries of over 90% Copper and 80% Molybdenum from Warintza Project Metallurgical Test Work

Solaris Resources Inc. Reports Assay Results from A Series of Holes Aimed At Growing Mineral Resources At the Warintza East Discovery Within Its Warintza Project in Southeastern Ecuador

President exercised options to buy CA$1.2m worth of stock.

Independent Director exercised options to buy CA$132k worth of stock.

Solaris Resources Inc. Reports 108m of 1.20% CuEq From Near Surface, Continues to Expand ‘Indicative Starter Pit’ at Warintza Central

Independent Non-Executive Director exercised options to buy CA$414k worth of stock.

President exercised options to buy CA$5.0m worth of stock.

High number of new directors

Solaris Resources Inc. Reports Assay Results from A Series of Holes Aimed At Delineating Resources At the Warintza East Discovery Within Its Warintza Project in Southeastern Ecuador

President exercised options to buy CA$4.0m worth of stock.

Solaris Resources Inc. Reports Assay Results from the First Series of Holes Following Up on the Discovery of Warintza West Within Its Warintza Project in Southeastern Ecuador

Solaris Resources Inc. Reports Assay Results from A Series of Holes Aimed At Growing the Northeast Extension of the ‘Indicative Starter Pit’ At Its Warintza Project

Chief Financial Officer recently bought CA$151k worth of stock

Independent Director recently bought CA$143k worth of stock

Solaris Resources Inc. Announces Assay Results from A Series of Holes Aimed at Growing the Northeast Extension of the `Indicative Starter Pit' at its Warintza Project

Solaris Resources Inc. Reports Assay Results from a Series of Holes Aimed At Growing the Northeast Extension of the ‘Indicative Starter Pit’ At Its Warintza Project in Southeastern Ecuador

Solaris Identifies New Porphyry, Skarn and Epithermal Targets and Provides Update on Proposed Spin-Out of Solaris Exploration

Vice President of Investor Relations recently bought CA$51k worth of stock

Solaris Resources Inc. Reports Assay Results from Series of Holes Aimed At Upgrading and Growing Mineral Resources At Its Warintza Project in Southeastern Ecuador

Executive Chairman exercised options to buy CA$11m worth of stock.

Chief Financial Officer recently bought CA$132k worth of stock

Chief Financial Officer recently bought CA$100k worth of stock

High number of new and inexperienced directors

Solaris Resources Inc., Annual General Meeting, Jun 23, 2022

Is Solaris Resources (TSE:SLS) In A Good Position To Deliver On Growth Plans?

Solaris Resources Inc. Updates Mineral Resource Estimate for the Warintza Central Deposit At Warintza Project

Solaris Resources Inc. Reports Assay Results from Series of Additional Holes from Mineral Resource Growth Drilling at Its Warintza Project in Southeastern Ecuador

Solaris Resources Inc. Adds to Near Surface, High-Grade Northeast and Southeast Extensions, Priorities for Further Growth Beyond Mineral Resource

Insider recently sold CA$1.0m worth of stock

Solaris Resources Inc. Reports Assay Results from Series of Additional Holes from Mineral Resource Growth Drilling At Its Warintza Project

Is Solaris Resources (TSE:SLS) In A Good Position To Invest In Growth?

Solaris Resources Inc. Announces Significant New Discovery at Warintza South

Insider recently sold CA$380k worth of stock

Solaris Resources Inc. Reports Assay Results from A Series of Additional Holes from Ongoing Mineral Resource Growth and Discovery Drilling Programs At Its Warintza Project in Southeastern Ecuador

Companies Like Solaris Resources (TSE:SLS) Are In A Position To Invest In Growth

Solaris Resources Inc. Announces Ongoing Drilling Targeting High Grade Link to Warintza Central

Price target increased to CA$18.37

Solaris Resources Inc. Reports Latest Assay Results from Ongoing Resource Expansion Drilling At Its Warintza Project in Southeastern Ecuador

Key Executive recently bought CA$180k worth of stock

Vice President of Investor Relations recently bought CA$71k worth of stock