Solaris Resources Inc. engages in acquisition, exploration, and development 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 eight metallic mineral concessions, which covers an area of 268 km2 located in Ecuador. The company was formerly known as Solaris Copper Inc. and changed its name to Solaris Resources Inc. in December 2019. The company was incorporated in 2018 and is based in Vancouver, Canada.

Solaris Resources Inc.

Solaris Resources is engaged in copper and gold exploration and development in the Americas. It focuses on resource growth and discovery at its mining projects.

Solaris Resources

Solaris Resources Inc. | 6,962 followers on LinkedIn. Copper Growth and Discovery in the Americas | Solaris is advancing a portfolio of copper and gold assets in the Americas, which includes a world class copper resource with expansion and discovery potential at its Warintza Project in Ecuador; a series of grass roots exploration projects with discovery potential in Peru and Chile; and significant leverage to increasing copper prices through its 60% interest in the La Verde joint-venture project with a subsidiary of Teck Resources in Mexico. Solaris Resources trades the Toronto Stock Exchange under the trading symbol “SLS” and on the NYSE American under the symbol “SLSR”.

Vice President, Investor Relations at Solaris Resources Inc.

Jacqueline Wagenaar, CPIR

Tax and Business Advisory Partner at Walsh King CPA,

Ron Walsh

Vice President Exploration at Solaris Resources Inc.

Jorge Fierro

Chief Financial Officer | Corporate Director

Sunny Lowe

$ SLS.TO $SLSR provides #Warintza Project update on technical programs, early works infrastructure and assay results from its 2024 drilling program, now set to exceed 75km! #copper #Ecuador https://bit.ly/3CxqJji

Positive reception expected to $ SLS.TO $SLSR drill results today showing #Warintza improving grade profile and pit expansion potential outside 2024 MRE!

$ SLS.TO $SLSR New #Warintza Assay Results! -Drilling continues to build on the 2024 MRE with high-grade mineralization outside of the MRE in the NW and SE sectors -Some of these holes also significantly improve upon modelled grades in sparsely drilled areas -New monthly drilling record of 10km (8 rigs) in August https://bit.ly/4dk57UA

$ SLS.TO $SLSR Identifies Additional Veins as Celestina Epithermal Target Takes Shape East of #Warintza Cluster; Reports 16,019 g/t Silver and 25.3 g/t Gold in Follow-Up Sampling! #Ecuador https://bit.ly/47hMq2l

$ SLS.TO $SLSR Submits Environmental Impact Assessment for Construction of #Warintza and Announces Initial Steps to Emigrate to #Ecuador to align with stakeholders! https://bit.ly/3Tj9rwa

SLS.TO $SLSR latest intercepts imply higher-grade lateral extensions of the pit to the northwest while also further lowering the strip ratio! #Warintza is one of the best #copper development projects given its scale, grade, low strip, low elevation, and access to infrastructure in #Ecuador

$ SLS.TO $SLSR #Warintza Drill Results! https://bit.ly/4fJLoQs #Ecuador -Ongoing 60,000m, 8-rig program -Drilling extends near surface, high-grade mineralization to the N, NW and SE of MRE -Focused on open lateral extensions, primarily to the NW, SW and SE, and infill drilling -Constructed a series of step-out platforms to the NW, with drilling underway, to test the potential of a large anomaly and the connection to #Warintza West and Central -Complementary district exploration efforts are underway with results expected soon at Celestina

New U.S. initiation report from H.C. Wainwright! Buy Rating, US$10 Target Price $SLSR $ SLS.TO

$ SLS.TO $SLSR completes joint socialization programs with government entities and local communities to support the initial exploration activities of its district exploration programs at #Warintza ! -Geotechnical drilling has now commenced in the Caya-Mateo target to aid in targeting efforts and subsequent discovery drilling -Field work continues in the emerging Celestina epithermal gold/silver area (prior sampling returned up to 11,570 g/t Ag and 12.3 g/t Au across 30cm of breccia outcrop), with the next batch of results expected soon https://bit.ly/4frxEJX

Mr. Arun Lamba appointed as Vice President, Corporate Development, bringing nearly 15 years of experience in financial services and capital markets covering the mining sector! His expertise in project, market and transaction analysis will support our immediate efforts to explore opportunities to create value for shareholders around #Warintza and our portfolio. $ SLS.TO $SLSR #Ecuador Welcome to the team Arun! https://bit.ly/3LFQn6X

	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
average inventory				43K -	94K 118.60%	98.50K 4.79%
average payables		267K -	1.80M 575.84%	6.99M 287.36%	9.54M 36.52%	6.80M 28.69%
average receivables				73.50K -	199K 170.75%	224.50K 12.81%
book value per share	0.15 -	0.25 74.33%	1.02 299.17%	0.33 67.79%	0.18 45.35%
capex per share	-0.00 -	-0.00 12.50%	-0.01 11,056.64%	-0.02 76.92%	-0.01 37.16%
capex to depreciation	-1.33 -	-0.54 59.62%	-10.06 1,768.07%	-4.12 59.02%	-1.43 65.43%	-0.10 93.27%
capex to operating cash flow	0.00 -	0.00 44.13%	0.05 3,050.51%	0.04 25.63%	0.02 46.98%	0.00 87.85%
capex to revenue
cash per share	0.00 -	0.07 2,428.22%	0.95 1,279.05%	0.32 66.86%	0.13 58.73%
days of inventory on hand
days payables outstanding
days sales outstanding
debt to assets		0.00 -	0.00 52.57%	0.01 295.17%	0.01 8.51%	0.48 7,712.73%
debt to equity		0.00 -	0.00 60.19%	0.01 436.09%	0.01 25.68%	1.68 14,439.43%
dividend yield
earnings yield	-0.02 -	0.03 254.71%	-0.09 373.66%	-0.04 56.82%	-0.10 171.70%
enterprise value	96.87M -	96.02M 0.87%	296.09M 208.35%	1.41B 376.02%	524.52M 62.79%	-9.41M 101.79%
enterprise value over ebitda	-24.74 -	-9.99 59.62%	-23.58 136.04%	-23.31 1.15%	-8.61 63.05%
ev to operating cash flow	-33.35 -	-21.10 36.71%	-20.98 0.58%	-30.21 43.96%	-8.98 70.26%	0.25 102.73%
ev to sales
free cash flow per share	-0.03 -	-0.05 56.44%	-0.19 270.72%	-0.45 135.07%	-0.52 16.57%
free cash flow yield	-0.03 -	-0.04 48.91%	-0.04 10.37%	-0.03 16.33%	-0.11 229.50%
graham net net	-0.01 -	0.05 441.92%	0.84 1,733.51%	0.18 78.47%	0.04 77.18%
graham number	0.27 -	0.46 68.32%	3.10 572.15%	1.94 37.50%	1.40 27.52%
income quality	1.41 -	4.54 222.15%	0.54 88.03%	0.82 51.15%	0.99 21.17%	0.93 6.22%
intangibles to total assets	0 -	0	0	0	0	0
interest coverage					37.88 -
interest debt per share		0.00 -	0.00 58.90%	0.00 72.67%	-0.01 496.65%
inventory turnover
invested capital		0.00 -	0.00 60.19%	0.01 436.09%	0.01 25.68%	1.68 14,439.43%
market cap	97.11M -	102.02M 5.05%	369.55M 262.24%	1.44B 290.49%	539.05M 62.64%
net current asset value	-1.12M -	4.16M 472.09%	65.47M 1,473.89%	20.32M 68.96%	4.96M 75.62%	2.99M 39.58%
net debt to ebitda	0.06 -	0.62 913.51%	5.85 837.81%	0.56 90.51%	0.24 57.01%
net income per share	-0.02 -	0.04 262.52%	-0.42 1,231.81%	-0.51 21.30%	-0.49 3.88%
operating cash flow per share	-0.03 -	-0.05 56.63%	-0.18 254.12%	-0.43 137.89%	-0.51 18.51%
payables turnover
receivables turnover
research and ddevelopement to revenue
return on tangible assets	-0.09 -	0.10 211.58%	-0.34 437.82%	-0.95 177.60%	-1.45 51.84%
revenue per share
roe	-0.16 -	0.15 193.23%	-0.41 383.54%	-1.56 276.60%	-2.74 75.87%
roic	-0.34 -	0.78 332.10%	-0.31 139.16%	-1.60 420.56%	-2.75 72.26%
sales general and administrative to revenue
shareholders equity per share	0.15 -	0.25 74.33%	1.02 299.17%	0.33 67.79%	0.18 45.35%
stock based compensation to revenue
tangible asset value	20.78M -	30.32M 45.90%	86.56M 185.51%	43.12M 50.19%	28.23M 34.53%	25.43M 9.93%
tangible book value per share	0.24 -	0.34 45.90%	1.12 225.99%	0.40 64.16%	0.25 38.00%
working capital	156K -	5.74M 3,576.28%	66.49M 1,059.35%	22.18M 66.63%	6.41M 71.09%	34.03M 430.50%

COM:SOLARISRESOURCES

Solaris Resources

Last Close

4.23

22/11 21:00

Market Cap

594.27M

Beta: -

Volume Today

698.43K

Avg: -

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