Arun CFA - Solaris Resources Vice Development

SLS Stock   4.49  0.09  2.05%   

Executive

Arun CFA is Vice Development of Solaris Resources
Address 999 Canada Place, Vancouver, BC, Canada, V6C 3E1
Phone604 687 1717
Webhttps://www.solarisresources.com

Solaris Resources Management Efficiency

The company has return on total asset (ROA) of (0.5167) % which means that it has lost $0.5167 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (1.4858) %, meaning that it generated substantial loss on money invested by shareholders. Solaris Resources' management efficiency ratios could be used to measure how well Solaris Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of November 2024, Return On Tangible Assets is likely to drop to -0.7. In addition to that, Return On Capital Employed is likely to drop to -0.77. At this time, Solaris Resources' Non Current Assets Total are very stable compared to the past year. As of the 30th of November 2024, Other Current Assets is likely to grow to about 242 K, while Total Assets are likely to drop about 51.5 M.
Solaris Resources has accumulated 29.45 M in total debt. Debt can assist Solaris Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Solaris Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Solaris Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Solaris to invest in growth at high rates of return. When we think about Solaris Resources' use of debt, we should always consider it together with cash and equity.

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Solaris Resources (SLS) is traded on Toronto Exchange in Canada and employs 60 people. Solaris Resources is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Solaris Resources Leadership Team

Elected by the shareholders, the Solaris Resources' board of directors comprises two types of representatives: Solaris Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Solaris. The board's role is to monitor Solaris Resources' management team and ensure that shareholders' interests are well served. Solaris Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Solaris Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas Ladner, Vice Legal
Purni Parikh, Senior Secretary
Jacqueline Wagenaar, Vice Relations
Daniel Earle, CEO President
Jorge Fierro, Vice Exploration
Richard Warke, Executive Chairman
Sunny Lowe, Chief Officer
Federico Velsquez, President America
Javier Toro, Chief Officer
Arun CFA, Vice Development

Solaris Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Solaris Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Solaris Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Solaris Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Solaris Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Solaris Stock

  0.53INFM Infinico Metals CorpPairCorr
  0.36ORE Orezone Gold CorpPairCorr
The ability to find closely correlated positions to Solaris Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solaris Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Solaris Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Solaris Resources to buy it.
The correlation of Solaris Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Solaris Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solaris Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Solaris Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Solaris Stock

Solaris Resources financial ratios help investors to determine whether Solaris Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Solaris with respect to the benefits of owning Solaris Resources security.