Solaris Resources Stock Analysis
| SLS Stock | 4.49 0.09 2.05% |
Solaris Resources is overvalued with Real Value of 4.06 and Hype Value of 4.59. The main objective of Solaris Resources stock analysis is to determine its intrinsic value, which is an estimate of what Solaris Resources is worth, separate from its market price. There are two main types of Solaris Resources' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Solaris Resources' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Solaris Resources' stock to identify patterns and trends that may indicate its future price movements.
The Solaris Resources stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Solaris Resources is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Solaris Stock trading window is adjusted to America/Toronto timezone.
Solaris |
Solaris Stock Analysis Notes
About 41.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.56. Solaris Resources had not issued any dividends in recent years. The entity had 1:50 split on the 8th of November 2019. To find out more about Solaris Resources contact Daniel Earle at 604 687 1717 or learn more at https://www.solarisresources.com.Solaris Resources Investment Alerts
| Solaris Resources appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (41.08 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Solaris Resources has accumulated about 14.77 M in cash with (38.31 M) of positive cash flow from operations. | |
| Roughly 41.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Solaris Resources Inc. Reports Q3 2024 Financial Results - TipRanks |
Solaris Largest EPS Surprises
Earnings surprises can significantly impact Solaris Resources' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-03-27 | 2023-12-31 | -0.08 | -0.07 | 0.01 | 12 | ||
2023-05-09 | 2023-03-31 | -0.09 | -0.1 | -0.01 | 11 | ||
2023-03-30 | 2022-12-31 | -0.1 | -0.11 | -0.01 | 10 |
Solaris Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 731.09 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Solaris Resources's market, we take the total number of its shares issued and multiply it by Solaris Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Solaris Profitablity
Solaris Resources' profitability indicators refer to fundamental financial ratios that showcase Solaris Resources' ability to generate income relative to its revenue or operating costs. If, let's say, Solaris Resources is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Solaris Resources' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Solaris Resources' profitability requires more research than a typical breakdown of Solaris Resources' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.66) | (0.70) | |
| Return On Capital Employed | (0.73) | (0.77) | |
| Return On Assets | (0.66) | (0.70) | |
| Return On Equity | (2.34) | (2.22) |
Management Efficiency
Solaris Resources 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.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.18 | 0.17 | |
| Tangible Book Value Per Share | 0.18 | 0.17 | |
| Enterprise Value Over EBITDA | (10.72) | (11.25) | |
| Price Book Value Ratio | 25.26 | 12.93 | |
| Enterprise Value Multiple | (10.72) | (11.25) | |
| Price Fair Value | 25.26 | 12.93 | |
| Enterprise Value | 433.1 M | 331.3 M |
Leadership effectiveness at Solaris Resources is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 1.902 | Return On Assets (0.52) | Return On Equity (1.49) |
Technical Drivers
As of the 30th of November, Solaris Resources has the Coefficient Of Variation of 691.14, risk adjusted performance of 0.119, and Semi Deviation of 3.06. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Solaris Resources, as well as the relationship between them.Solaris Resources Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Solaris Resources middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Solaris Resources. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Solaris Resources Outstanding Bonds
Solaris Resources issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Solaris Resources uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Solaris bonds can be classified according to their maturity, which is the date when Solaris Resources has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Solaris Resources Predictive Daily Indicators
Solaris Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Solaris Resources stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Solaris Resources Forecast Models
Solaris Resources' time-series forecasting models are one of many Solaris Resources' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Solaris Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Solaris Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Solaris Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Solaris shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Solaris Resources. By using and applying Solaris Stock analysis, traders can create a robust methodology for identifying Solaris entry and exit points for their positions.
| Last Reported | Projected for Next Year |
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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.