Solaris Resources Stock Today

SLS Stock   4.32  0.17  3.79%   

Performance

12 of 100

 
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Strong
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Odds Of Distress

Less than 18

 
High
 
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Low
Solaris Resources is selling at 4.32 as of the 2nd of December 2024; that is 3.79 percent decrease since the beginning of the trading day. The stock's open price was 4.49. Solaris Resources has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Solaris Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of December 2022 and ending today, the 2nd of December 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Solaris Resources is entity of Canada. It is traded as Stock on TO exchange. The company has 162.83 M outstanding shares of which 2.82 M shares are at this time shorted by private and institutional investors with about 19.64 days to cover all short positions. More on Solaris Resources

Moving against Solaris Stock

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Solaris Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Solaris Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Solaris Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentDaniel Earle
Business ConcentrationDiversified Metals & Mining, Other Precious Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Precious Metals & Mining, Basic Materials (View all Sectors)
Solaris Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Solaris Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Solaris Resources can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Solaris Resources' financial leverage. It provides some insight into what part of Solaris Resources' total assets is financed by creditors.
Liquidity
Solaris Resources cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. 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.

Total Cashflows From Investing Activities

(1.16 Million)
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. 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 Resources operates under Metals & Mining sector and is part of Materials industry. The entity has 162.83 M outstanding shares of which 2.82 M shares are at this time shorted by private and institutional investors with about 19.64 days to cover all short positions. Solaris Resources has accumulated about 14.77 M in cash with (38.31 M) of positive cash flow from operations.
Check Solaris Resources Probability Of Bankruptcy
Ownership Allocation
Solaris Resources shows a total of 162.83 Million outstanding shares. Solaris Resources maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Solaris Ownership Details

Solaris Resources Risk Profiles

Although Solaris Resources' alpha and beta are two of the key measurements used to evaluate Solaris Resources' performance over the market, the standard measures of volatility play an important role as well.

Solaris Stock Against Markets

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Solaris Resources Corporate Management

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 LadnerVice LegalProfile
Purni ParikhSenior SecretaryProfile
Jacqueline WagenaarVice RelationsProfile
Jorge FierroVice ExplorationProfile
Sunny LoweChief OfficerProfile

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.