SLSR
Solaris ResourcesSLSR
SLSR
About: Solaris Resources Inc is advancing a portfolio of copper and gold assets in the Americas, which includes a high-grade resource with expansion and additional discovery potential at the Warintza copper and gold project in Ecuador; discovery potential on the grass-roots Tamarugo project in Chile and Capricho and Paco Orco projects in Peru, and the La Verde joint venture project. Geographical segments includes: Mexico, Ecuador, Chile, Peru and Canada.
Employees: 66
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
33% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 4 (+1) [Q1 2025]
16% more capital invested
Capital invested by funds: $121M [Q4 2024] → $140M (+$19.4M) [Q1 2025]
2.89% more ownership
Funds ownership: 22.63% [Q4 2024] → 25.52% (+2.89%) [Q1 2025]
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
9% less funds holding
Funds holding: 46 [Q4 2024] → 42 (-4) [Q1 2025]
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$11
138%
upside
Avg. target
$11
138%
upside
High target
$11
138%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
HC Wainwright & Co. Heiko Ihle | 138%upside $11 | Buy Maintained | 6 May 2025 |
Financial journalist opinion
Neutral
GlobeNewsWire
3 weeks ago
Solaris Enters into US$200 Million Financing Agreements with Royal Gold to Advance the Warintza Project
HIGHLIGHTS: Non-dilutive US$200 million funding package from Royal Gold, comprising a gold stream and NSR royalty, US$100 million of which is available immediately The package provides the funding required to repay the Senior Debt facility and is expected to provide the necessary liquidity to fund all value accretive derisking activities through to a final investment decision Stream expected to represent a small percentage of the gold over the life of mine which, together with the modest NSR royalty, reinforces Warintza's position as a multi-generational tier 1 copper project following significant due diligence and financial commitment on accretive terms providing a robust reflection of the potential scale, economics and stage of development Stream termination provision contains no penalties under a change-of-control scenario, providing the Company flexibility to enhance shareholder value going forward Maintained strategic optionality around future project financing Funding package restricted to Warintza cluster thus retaining exposure to significant exploration upside potential with commercial optionality around high-priority targets within the Warintza district QUITO, Ecuador, May 21, 2025 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (“Solaris” or the “Company”) (TSX: SLS; NYSE: SLSR) is pleased to announce that it has entered into a US$200 million financing arrangement comprising a gold stream (“Stream”) and net smelter return royalty (“Royalty”) (collectively the “Financing Agreements”) with RGLD Gold AG ("Royal Gold"), a subsidiary of Royal Gold, Inc. following a competitive and comprehensive process during which the Company received numerous compelling and credible financing proposals from third parties. The Financing Agreements provide the Company with long-term liquidity required to fund all value accretive, derisking activities through to a final investment decision (“FID”), in addition to paying off the senior secured debt facility with Orion Mine Finance Management LP (the “Senior Debt facility”).
Neutral
GlobeNewsWire
1 month ago
Solaris completes Warintza drilling campaign and advances key de-risking milestones ahead of major near-term value catalysts
HIGHLIGHTS: Solaris completes significant drilling campaign at its flagship Warintza project 82,000 metres of infill drilling Updated Mineral Resource Estimate targeted for Q3 2025 Step-out field exploration activities are ongoing Technical approval of the Environmental Impact Assessment on target for mid-2025 Pre-Feasibility Study on target for publication in Q3 2025 Re-election of President Daniel Noboa provides political stability, reinforcing the supportive policy environment QUITO, Ecuador, April 22, 2025 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (“Solaris” or the “Company”) (TSX: SLS; NYSE: SLSR) is pleased to announce the completion of a significant drilling campaign at its flagship Warintza Project in southeastern Ecuador, alongside key developments that continue to strategically de-risk and enhance the value of this globally significant copper asset. Between January 2024 and February 2025, Solaris completed over 82,000 metres of infill drilling, positioning the Company to upgrade a substantial portion of Inferred Resources to the Measured and Indicated categories.
Neutral
GlobeNewsWire
3 months ago
Solaris Signs Letter of Intent with Influential Indigenous Organization in Morona Santiago, Ecuador
HIGHLIGHTS: Solaris has formed an Inter-Institutional working group with the Arutam Shuar People (“PSHA”), ratified through the signing of a Letter of Intent (“LOI”) The Company has formed an Inter-Institutional working group with the PSHA, together with our host communities of Warints and Yawi and the Ecuadorian State The PSHA and its Governing Council ratified this process through the signing of a LOI aimed at advancing dialogue in order to reach a future cooperation agreement Expanded Infill resource drilling programme at Warintza has been concluded An updated MRE, expected to be published mid-2025, will encompass over 80,000m of drilling The updated MRE will be included into the Pre-Feasibility Study, due to be released in Q3 2025 QUITO, Ecuador, March 04, 2025 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (“Solaris” or the “Company”) (TSX: SLS; NYSE: SLSR) is pleased to announce the formation of an Inter-Institutional working group together with the Pueblo Shuar Arutam organization (“PSHA”), our host communities of Warints and Yawi and the Ecuadorian State. As part of this, the PSHA and its Governing Council approved the signing of a LOI.
Positive
Zacks Investment Research
4 months ago
Has Solaris Resources Inc. (SLSR) Outpaced Other Basic Materials Stocks This Year?
Here is how Solaris Resources Inc. (SLSR) and Vizsla Silver Corp. (VZLA) have performed compared to their sector so far this year.
Neutral
GlobeNewsWire
6 months ago
Solaris Announces Final Steps to Complete Emigration by Year-End, Including Management and Board Changes; Growth-Oriented Spin-out Anticipated in 2025
QUITO, Ecuador, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (TSX: SLS; NYSE: SLSR) (“Solaris” or the “Company”) is pleased to announce the final steps to complete its emigration by year-end following the Company's previous announcement to position the Company to maximize returns for shareholders and protect the interests of stakeholders by aligning with regulators in Ecuador as Warintza completes the permitting process (see the Company's news release dated September 9, 2024).
Neutral
GlobeNewsWire
8 months ago
Solaris Reports 87m of 1.23% CuEq, 93m of 1.01% CuEq and 84m of 1.00% CuEq Improving Modelled Grades Near Surface in MRE
QUITO, Ecuador, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (TSX: SLS; NYSE: SLSR) (“Solaris” or the “Company”) is pleased to report assay results from its ongoing 2024 drilling program of 60,000m targeting open extensions of mineralization while upgrading mineral resources and converting waste at its Warintza Project (“Warintza” or “the Project”) in southeastern Ecuador. Highlights are listed below with detailed results in Figure 1 and Tables 1-2.
Neutral
GlobeNewsWire
8 months ago
Solaris Reports 475m of 1.03% CuEq from Surface in New Drilling as Further Productivity Gains Drive Record 10km Drilled in August
QUITO, Ecuador, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (TSX: SLS; NYSE: SLSR) (“Solaris” or the “Company”) is pleased to report assay results from its ongoing 60,000m 2024 drilling program that aims to target open extensions of mineralization while upgrading mineral resources and converting waste at its Warintza Project (“Warintza” or “the Project”) in southeastern Ecuador. Highlights are listed below with detailed results in Figure 1 and Tables 1-2.
Neutral
GlobeNewsWire
9 months ago
Solaris Submits Environmental Impact Assessment for Construction of Warintza; Announces Initial Steps to Emigrate to Ecuador
QUITO, Ecuador, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (TSX: SLS; NYSE: SLSR) (“Solaris” or the “Company”) is pleased to report that it has submitted an Environmental Impact Assessment (“EIA”) to the Ministry of Environment, Water and Ecological Transition (“MAATE”) for the construction of the Warintza Project (“Warintza” or “the Project”) in southeastern Ecuador.
Negative
Zacks Investment Research
9 months ago
Solaris Resources Inc. (SLSR) Loses -18.23% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
The heavy selling pressure might have exhausted for Solaris Resources Inc. (SLSR) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Neutral
GlobeNewsWire
10 months ago
Solaris Completes Socialization of Initial District Exploration Programs
VANCOUVER, British Columbia, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (TSX: SLS; NYSE: SLSR) (“Solaris” or the “Company”) is pleased to announce the completion of joint socialization programs with government entities and local communities to support the initial exploration activities of its district exploration programs at its Warintza Project (“Warintza” or “the Project”) in southeastern Ecuador. The success of this socialization provides a template for broader ambitions in the northern Zamora belt for which the Company intends to secure a joint venture partner.
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