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Company price
9.85 CAD 0.16 ( 1.65%)
Last update at 2026-11-04T14:30:00Z
VOLUME
1964
Market Cap
2321.79M

Momentum Score

…

Solaris Resources Inc. engages in the acquisition, exploration, and development of mineral properties. It focuses on exploring copper, molybdenum, gold, lead, zinc, and silver. It owns interests in Warintza project located in southeastern Ecuador in the province of Morona Santiago, Canton Limon Indanza; and the Tamarugo project located in northern Chile. The company also holds interests in the La Verde project located in the Sierra Madre del Sur west of Mexico City in Michoacán State, Mexico; and the Capricho and Paco Orco projects in Peru. In addition, it has an option agreement to acquire up to a 100% interest in 10 new explorations concessions; and has an option to acquire up to a 100% interest in a new portfolio of exploration areas ("Solaris 2") located immediately adjacent to the Warintza Project in southeastern Ecuador. The company was formerly known as Solaris Copper Inc. and changed its name to Solaris Resources Inc. in December 2019. Solaris Resources Inc. was incorporated in 2018 and is headquartered in Baar, Switzerland.

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Day Price Range
9.85
Low
10.03
High
52 Week Price Range
5.12
Low
15.47
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Solaris Resources Inc is a Toronto-listed explorer and developer of copper projects in the Americas, with its flagship Warintza project in Ecuador. Long-term growth may be supported by rising copper demand from electrification and renewable energy, potential resource expansion through continued exploration and advancement toward project development, giving investors leveraged exposure to copper prices and project upside.
Key risks are project development and permitting delays, substantial financing needs, volatile copper prices and country-level political and social risk in Ecuador that could disrupt timelines and operations.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
9.69
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-0.01
ROE
-2514.74%
Net Debt
-24.69M
ROCE
-99.18%
Diluted EPS TTM
-0.36

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -42.45M -77.08M -41.08M -58.72M -56.86M
Minority interest 0.06M 0.06M 0.07M 0.06M 0.06M
Net income -42.97M -77.02M -41.01M -55.69M -54.30M
Selling general administrative 12.94M 11.47M 10.22M 8.17M 8.88M
Selling and marketing expenses - 61.51M 30.95M 0.65M 0.62M
Gross profit -1.12M - - - -
Reconciled depreciation 1.10M 1.01M 0.93M 0.78M 0.41M
Ebit -49.13M -72.98M -41.42M -60.31M -59.35M
Ebitda -48.02M -72.20M -40.42M -60.90M -60.47M
Depreciation and amortization 1.12M 0.77M 1.00M -0.59M -1.12M
Operating income -49.13M 72.98M -41.17M -60.31M -59.35M
Other operating expenses 49.13M -72.98M 41.17M 60.31M 59.35M
Interest expense 5.84M 4.11M 0.15M 1.59M 0.40M
Tax provision 0.57M - - - -
Interest income 1.13M 4.11M 0.51M 1.74M 0.40M
Net interest income -4.61M -4.11M 0.51M 0.37M 0.40M
Income tax expense 0.58M - -0.00M -3.03M -2.55M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 48.02M -72.98M 41.17M 60.31M 59.35M
Cost of revenue 1.12M - - - -
Total other income expense net 6.68M -150.06M 0.09M 1.59M 2.49M
Net income from continuing ops -42.29M -77.08M -41.08M -58.72M -56.86M
Net income applicable to common shares - -77.02M -41.01M -58.66M -56.80M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 57.92M 57.20M 61.82M 38.53M 57.65M
Other current assets 0.52M - 0.23M 0.14M 0.72M
Total liab 106.81M 66.48M 36.39M 10.30M 14.53M
Total stockholder equity -56.73M -17.20M 17.52M 20.32M 35.21M
Other current liab 6.14M - 0.00M 0.36M 1.78M
Common stock 251.95M - 206.36M 169.95M 119.56M
Capital stock 252.41M 244.72M 206.36M 169.95M 119.56M
Retained earnings -324.22M -282.58M -205.57M -164.56M -105.90M
Other liab - - - - 1.67M
Other assets - - - 0.31M 0.07M
Cash 25.16M 31.74M 38.87M 14.77M 33.90M
Cash and equivalents - - - 14.77M 33.90M
Total current liabilities 8.38M 13.05M 5.36M 8.85M 12.67M
Current deferred revenue - - -0.00M - -
Net debt -24.69M 17.47M -9.41M -14.54M -33.57M
Short term debt 0.06M - 0.09M 0.14M 0.14M
Short long term debt total 0.48M - 29.45M 0.23M 0.32M
Other stockholder equity - - 15.15M 13.88M 21.55M
Property plant equipment - - - 22.96M 22.72M
Total current assets 25.91M 32.58M 39.39M 15.26M 34.85M
Net tangible assets - - - - 35.21M
Net receivables 0.08M 0.04M 0.20M 0.25M 0.15M
Long term debt - 49.21M 29.36M - -
Inventory 0.16M 0.14M 0.10M 0.10M 0.09M
Accounts payable 2.19M - 5.27M 8.34M 10.75M
Accumulated other comprehensive income 15.54M - 1.58M 1.04M 21.55M
Non currrent assets other 26.23M 0.57M 0.57M 0.31M 0.07M
Non current assets total 32.01M 24.62M 22.43M 23.27M 22.80M
Capital lease obligations 0.48M 0.43M 0.09M 0.23M 0.32M
Long term debt total - - - 0.09M 0.19M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -2.66M -0.35M -1.35M -1.09M
Change to liabilities - - - - 7.47M
Total cashflows from investing activities -3.10M -2.66M -0.35M -1.35M -1.09M
Net borrowings -45.25M 14.76M 29.84M - -0.27M
Total cash from financing activities -52.76M 54.47M 62.27M 41.25M 7.21M
Change to operating activities - - - - -0.62M
Net income -42.97M -77.08M -41.08M -58.72M -56.86M
Change in cash -8.07M -7.13M 24.09M -19.13M -39.70M
Begin period cash flow 33.24M 38.87M 14.77M 33.90M 73.59M
End period cash flow 25.16M 31.74M 38.87M 14.77M 33.90M
Total cash from operating activities 49.11M -58.39M -38.31M -58.39M -46.66M
Issuance of capital stock 0.24M 39.62M 10.00M - 0.00M
Depreciation 1.12M 1.01M 0.93M 0.78M 0.41M
Other cashflows from investing activities 1.15M -2.41M -0.26M -0.24M -0.00M
Dividends paid 0.00M - - - -
Sale purchase of stock - 39.65M -0.62M 40.93M 7.00M
Other cashflows from financing activities -0.31M 0.09M 23.05M 41.41M 7.48M
Change to netincome - - - - 2.87M
Capital expenditures 2.32M 2.66M 0.09M 1.12M 1.68M
Change in working capital 82.44M 7.37M -3.39M -2.25M 6.85M
Stock based compensation 3.90M 4.00M 5.13M 3.51M 4.90M
Other non cash items 8.52M 6.31M 0.10M -1.72M -1.96M
Free cash flow 46.79M -61.05M -38.40M -59.51M -48.34M

Peer Comparison*

Sector: Basic Materials Industry: Other Precious Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
SLS
Solaris Resources Inc
0.16
1.65%
9.85 - - - 15.94 -17.60
CGG
China Gold International Resources
1.82
6.08%
31.75 19.17 10.47 9.40 4.17 12.82
TFPM
Triple Flag Precious Metals Corp
2.26
5.71%
41.82 28.88 26.25 24.87 3.62 20.83
PPTA
Perpetua Resources Corp
1.33
5.91%
23.84 - 1000.00 - 7.80 -29.76
ABRA
AbraSilver Resource Corp.
0.58
5.70%
10.76 - 476.19 2.77 32.60 -5.62

Profile*

Solaris Resources Inc

Solaris Resources Inc. engages in the acquisition, exploration, and development of mineral properties. It focuses on exploring copper, molybdenum, gold, lead, zinc, and silver. It owns interests in Warintza project located in southeastern Ecuador in the province of Morona Santiago, Canton Limon Indanza; and the Tamarugo project located in northern Chile. The company also holds interests in the La Verde project located in the Sierra Madre del Sur west of Mexico City in Michoacán State, Mexico; and the Capricho and Paco Orco projects in Peru. In addition, it has an option agreement to acquire up to a 100% interest in 10 new explorations concessions; and has an option to acquire up to a 100% interest in a new portfolio of exploration areas ("Solaris 2") located immediately adjacent to the Warintza Project in southeastern Ecuador. The company was formerly known as Solaris Copper Inc. and changed its name to Solaris Resources Inc. in December 2019. Solaris Resources Inc. was incorporated in 2018 and is headquartered in Baar, Switzerland.

Neuhofstrasse 5A, Baar, Switzerland, 6340

604-687-1717

84

Name Title Year Born
Mr. Richard William Warke Exec. Chairman 1960
Mr. Daniel Earle Pres, CEO & Director NA
Ms. Sunny S. C. Lowe Chief Financial Officer NA
Mr. Jorge Fierro VP of Exploration 1966
Ms. Jacqueline Wagenaar VP of Investor Relations NA
Mr. Thomas Andrew Ladner VP of Legal 1990
Mr. Federico Velásquez Pres of Latin America NA
Ms. Purni Parikh Sr. VP of Corp. Affairs & Corp. Sec. 1970
Mr. Richard William Warke Executive Chairman 1960
Mr. Daniel Earle President, CEO & Director NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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