EN DE
Watch Solaris Resources Inc for free: we tell you when fair value or trend changes.
Data-driven stock valuation

Solaris Resources Inc (SLS) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of Solaris Resources Inc stock C$4.43, price C$10.01, that is 55.7% below the price, quality 54 out of 100. Rating: strongly overvalued. Calculated from audited financials with 2 of our 26 valuation models and 37 quality factors, updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Basic Materials CA · Based in Switzerland · ISIN CA83419D2014

SR Solaris Resources Inc logo Thin data Nov 6, 2026

Solaris Resources Inc

SLS · TO
Solid, but very expensive

Our calculation puts a fair price 56% below what the stock costs today.

Generates free cash flow
Quality 54/100
Negative equity (buybacks among others)
Fair value C$4.43 · Strongly overvalued (−55.7%)
Trails peers (2/6)
Narrow moat 30/100 · thin data
Thin data
⟳ Cyclical
Watch Solaris Resources Inc for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

C$16.94 C$2.61 Fair Value C$4.43 Aug 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.

How to read this chart

60‑month range C$2.61 – C$16.94 · fair‑value band C$3.43 – C$5.57 · the C$10.01 price screens above the C$4.43 fair value. As of Nov 6, 2026.

Follow Solaris Resources in your weekly email

Every Wednesday you see whether Solaris Resources is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Solaris Resources Inc. engages in the acquisition, exploration, and development of mineral properties. It focuses on exploring copper, molybdenum molybdenum, gold, lead, zinc, and silver.

Show moreShow less

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.

Stock analysis

Solaris Resources Inc (SLS) currently trades at C$10.01, while our model-based Fair Value estimate is C$4.43, 56% below the price, so the stock looks overvalued today.

Show more

Valuation

How firm this estimate is: it rests on 2 models at a data quality of 81/100, which puts the data coverage at low.

Scenario range: C$3.43 (bear) to C$5.57 (bull), the price of C$10.01 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 54/100 (solid quality), in the Basic Materials sector.

Solaris Resources Inc reported revenue of $0 in FY2025 versus $0 in FY2021. Reported net income was −$43.0M in FY2025.

Key figures

Market cap C$1.7B (≈ $1.2B) Small · EPS (TTM) C$−0.2600 · Return on equity −2,515% · Return on assets (EBIT) −56.7% (5-year average) · Free cash flow C$46.8M · Net cash C$24.7M.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 30 out of 100 (low confidence).

What moves the price

The share trades about 35% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Basic Materials peers we cover trades at −17% fair-value upside, at −56%, SLS screens richer than that median.

Fair Value models

Bear C$3.43 Fair Value C$4.43 Bull C$5.57
Price C$10.01 · Downside -55.7%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF C$3.46 C$4.46 C$5.61 71
Growth DCF C$3.47 C$4.35 C$5.32 70
All 2 models by family
DCF Models
FCF DCF C$3.46 C$4.46 C$5.61 71
Growth DCF
Growth DCF C$3.47 C$4.35 C$5.32 70

Open the full fair value analysis →

Quality Score breakdown

Overall quality 54/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 0
How much profit the company makes from its sales and capital
Quality Growth 75
Are margins and returns getting better?
Cashflow 100
Do the profits arrive as real cash?
Financial strength 50
Debt, balance sheet and risk of trouble
Investment 64
Does it invest with discipline instead of growing at any price?
Low Volatility 4
How calm the share price moves, does not count
Price momentum 28
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 30
Distance to the 52-week high, does not count
New shares 47
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

Growth Forecast

What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+29.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Canada: IMF forecast 2.1% a year to 2030, 2.6% from 2016 to 2025) that is about +27.2% a year for the price.

SLS screens overvalued: fair value 56% below the price. Compare with PT Amman Mineral Internasional Tbk →

Compare Solaris Resources Inc with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Other Precious Metals & Mining · 101 stocks

Beats the industry median on 2/6 measures
Overall it trails its industry peers.
Valuation
Quality Score 54 · Top 25%
Fair Value upside −55.7% · Below median
Profitability
Return on equity (12 months) Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Return on assets −74.2% · Bottom 25%
Operating margin (12 months) 0.0% · Below median
Growth and dividend
Revenue growth (quarter YoY) 0.0% · Below median
Balance sheet
Debt / equity Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.

Valuation Multiplesvs Other Precious Metals & Mining median · lower = cheaper

P/B Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Price / free cash flow (fiscal year) 25.3× · Cheaper than median

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Other Precious Metals & Mining stocks, each showing price versus our Fair Value estimate.

Explore undervalued stocks

More undervalued Basic Materials stocks →

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Solaris Resources Inc: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Solaris Resources Inc Fair Value". https://www.fairvalue-calculator.com/stock/SLS

Frequently asked questions

Is Solaris Resources Inc (SLS) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of C$4.43 versus a price of C$10.01, about 56% lower (overvalued).
What is the fair value of SLS?
Our model-based fair value for Solaris Resources Inc is C$4.43 (as of Nov 6, 2026), built from audited fundamentals. The current price: C$10.01.
What is the quality score of SLS?
Solaris Resources Inc has a Quality Score of 54/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Solaris Resources Inc (SLS)?
Our model-based price target is the fair value of C$4.43 (as of Nov 6, 2026) from 2 valuation models. Cautious scenario C$3.43, optimistic scenario C$5.57. It is a calculation from audited fundamentals, not an analyst target.
What is the Solaris Resources Inc stock forecast for 2026?
Our models put fair value at C$4.43, about 56% lower versus a price of C$10.01 (overvalued). Cautious scenario C$3.43, optimistic scenario C$5.57. The calculation is refreshed regularly with new filings.
What growth is priced into Solaris Resources Inc (SLS)?
For today's price to be fair in a discounted-cash-flow model, Solaris Resources Inc would have to grow free cash flow by +29.9 % per year for five years (discount rate 13.5 %, then slowing evenly to 2 % perpetual growth by year ten). As of Nov 6, 2026.
What discount rate (WACC) does the fair value of SLS use?
Our models discount Solaris Resources Inc at 13.5 %: a base by market capitalisation (small), damped by beta 2.20, country premium for Canada. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Solaris Resources Inc that is +29.9 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (13.5 %) and the same formula as our fair value.
How fast is the sector of Solaris Resources Inc (SLS) growing?
The median revenue growth in the sector is +9.7 % a year. That is the yardstick for the growth priced into Solaris Resources Inc (+29.9 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Solaris Resources Inc (SLS)?
The free-cash-flow yield on the price is 2.80 %: that much free cash flow Solaris Resources Inc produces per unit of market value. When it exceeds the discount rate of our models (13.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Solaris Resources Inc (SLS)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Solaris Resources Inc it is C$4.43 per share (as of Nov 6, 2026), against a price of C$10.01. It is the blended result of 2 valuation models in 2 families (DCF Models, Growth DCF).
Is Solaris Resources Inc stock overvalued or undervalued in 2026?
As of Nov 6, 2026, SLS trades above its calculated fair value: price C$10.01, fair value C$4.43, a gap of about −56% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of SLS?
No. The price is what the market pays today (C$10.01); the fair value is what the company's own numbers justify (C$4.43). For Solaris Resources Inc the two are C$5.58 per share apart. That gap is exactly why we show both numbers side by side.
How much is Solaris Resources Inc worth?
The market values Solaris Resources Inc at about C$1.7B (market capitalisation, as of Nov 6, 2026). Per share that is C$10.01; our models calculate a fair value of C$4.43 per share.
What do the bullish and bearish scenarios say about SLS?
Our models span a range for Solaris Resources Inc: cautious scenario C$3.43, base C$4.43, optimistic C$5.57 per share (as of Nov 6, 2026, price C$10.01). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Solaris Resources Inc (SLS)?
Balance-sheet figures for Solaris Resources Inc (as of Nov 6, 2026): negative equity, so no return on equity and no debt-to-equity ratio. They feed the Quality Score of 54/100, which measures business quality independently of the share price.
How far is SLS from its 52-week high?
Solaris Resources Inc trades at C$10.01, about 35% below its 52-week high of C$15.29 and 9% above the low of C$9.17 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of C$4.43 is for.
Which stocks are comparable to Solaris Resources Inc?
From the same area (Basic Materials) we also value PT Amman Mineral Internasional Tbk, Hecla Mining Company, China Gold International Resources Corp, Compañía de Minas Buenaventura S.A., among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Solaris Resources Inc stock attractive at the current price?
The data as of Nov 6, 2026: price C$10.01, calculated fair value C$4.43 (−56%), Quality Score 54/100, from 2 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of SLS calculated?
We run Solaris Resources Inc through 2 models from 2 families: DCF Models, Growth DCF. Every model gets the same audited fundamentals; the fair value of C$4.43 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Solaris Resources Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Solaris Resources Inc (SLS)?
The closing price on Nov 6, 2026 was C$10.01. Our model-based fair value is C$4.43, about 56% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Solaris Resources Inc right now?
The price sits above even our optimistic bull case (C$5.57). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.

Key figures of Solaris Resources Inc

How large is the market capitalisation of Solaris Resources Inc (SLS)?
The market capitalisation of Solaris Resources Inc is C$1.7B (≈ $1.2B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What are the earnings per share of Solaris Resources Inc (SLS)?
Earnings per share at Solaris Resources Inc are C$−0.2600. Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of Solaris Resources Inc (SLS)?
The return on equity (ROE) of Solaris Resources Inc is −2,515% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Solaris Resources Inc (SLS)?
On an EBIT basis the return on assets of Solaris Resources Inc is −56.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
How much net cash does Solaris Resources Inc (SLS) hold?
Solaris Resources Inc holds more cash than debt, C$24.7M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed

Watch Solaris Resources Inc in the live analysis

One click puts Solaris Resources Inc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.