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Solaris Resources Inc (SLS) Fair Value & Analysis

Basic Materials · CA · Market cap C$2.0B

SR Solaris Resources Inc SLS · TO
PriceC$12.08
Fair ValueC$3.35
Upside-72.3%
Quality80/100
Evidence: Low Range C$2.51 – C$4.38

Fair value as of: Jun 24, 2026

From 3 valuation models · updated 5 days ago

Share price −14.8% over the past month.

Price vs Fair Value (12 months)

C$15.39 C$6.23 Fair Value C$3.35 Jun 2025 Jun 2026

12‑month range C$6.23 – C$15.39 · fair‑value band C$2.51 – C$4.38 · the C$12.08 price screens above the C$3.35 fair value. As of Jun 24, 2026.

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Analysis

Solaris Resources Inc (SLS) currently trades at C$12.08, while our model-based Fair Value estimate is C$3.35 — implying the stock looks roughly 72.3% overvalued today. We read business quality at 80/100 (high quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

The balance sheet holds a net cash position of C$24.7M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Return on equity -2,515%
Free cash flow C$46.8M FY2025
EPS (TTM) C$-0.2600
Net cash C$24.7M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

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. 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 i…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

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

Revenue
FY21 C$0
FY22 C$0
FY23 C$0
FY24 C$0
FY25 C$0
Net income
FY21 −C$54.9M
FY22 −C$55.7M
FY23 −C$41.0M
FY24 −C$77.0M
FY25 −C$43.0M

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Similar stocks

6 more Other Precious Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Fresnillo plc FRES 750.00 MXN 32.56 MXN -96%
Valterra Platinum Limited ANGPY $12.20 $7.22 -41%
Hecla Mining Company HCL €13.87 €8.15 -41%
Impala Platinum Holdings IMPUY $12.07 $1.57 -87%
Northam Platinum Holdings NPTLF $24.00 $3.71 -85%
Compañía de Minas Buenaventura S.A. BVN $31.00 $29.96 -3%

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Frequently asked questions

Is Solaris Resources Inc (SLS) undervalued?
As of Jun 24, 2026, our model estimates a fair value of C$3.35 versus a price of C$12.08 — about −72% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SLS?
Our 21-model fair value for Solaris Resources Inc is C$3.35 (as of Jun 24, 2026), built from audited fundamentals. The current price is C$12.08.
What is the quality score of SLS?
Solaris Resources Inc has a Quality Score of 80/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the net profit margin of SLS?
The net profit margin of Solaris Resources Inc is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.