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S

Solaris Resources SLS.TO · CAD

Materials · Toronto Stock Exchange · 🇨🇦 Canada

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10.51

+5.00%

Close of 9 Nov 2026, in CAD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2024

Net income

−$77.0m

FY2018FY2024

Free cash flow

−$60.8m

FY2018FY2024

Shareholders' equity

−$17.2m

FY2018FY2024

Income statement

Fiscal years

FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Research and development$60.5m$30.0m$50.7m$49.4m$15.4m——
Operating income−$73.0m−$41.2m−$60.3m−$59.4m−$19.3m−$5.4m−$3.0m
Net income−$77.0m−$41.0m−$58.7m−$56.8m−$25.9m−$949,000−$2.0m
Diluted earnings per share-0.49-0.29-0.52-0.53-0.33-0.01-0.02

Balance sheet

At each fiscal year end

FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Total assets$57.2m$61.8m$38.5m$57.6m$94.9m$32.3m$22.2m
Cash and short-term investments$31.7m$38.9m$14.8m$33.9m$73.6m——
Total liabilities$74.4m$44.3m$18.2m$22.4m$16.3m$2.0m$1.4m
Debt$49.6m$29.5m$240,000$320,000$140,000——
Shareholders' equity−$17.2m$17.5m$20.3m$35.2m$78.7m$22.5m$12.9m
Shares outstanding157m142m114m108m77m88m88m

Cash flow

Fiscal years

FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Cash from operations−$58.4m−$38.3m−$58.4m−$46.7m−$14.1m−$4.5m−$2.9m
Capital spending−$2.4m−$89,000−$1.1m−$1.7m−$680,000−$7,000−$8,000
Free cash flow−$60.8m−$38.4m−$59.5m−$48.3m−$14.8m−$4.6m−$2.9m

Latest quarters

By quarter end

Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024Jun 2024Mar 2024Dec 2023
Operating income−$11.8m−$14.4m−$15.2m−$23.3m−$20.5m−$16.9m−$12.3m−$9.6m
Net income−$12.2m−$3.8m−$16.1m−$25.9m−$20.8m−$17.6m−$12.7m−$10.0m
Diluted earnings per share-0.07-0.02-0.10-0.16-0.13-0.12-0.08-0.07
Total assets$61.9m$73.4m$40.3m$57.2m$77.6m$78.5m$52.8m$61.8m
Cash and short-term investments$35.1m$47.0m$14.2m$31.7m$52.5m$54.1m$28.8m$38.9m
Debt$458,000$382,000$51.1m$49.4m$47.9m$31.5m$30.4m$29.4m
Shareholders' equity−$48.0m−$36.6m−$31.6m−$17.2m$6.8m$26.1m$5.5m$17.5m

Financial ratios

Data as of 1 Nov 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Return on equity75.7%447.7%-234.1%-274.1%-155.8%-41.4%
Return on assets-74.2%-134.7%-66.3%-144.5%-95.2%-34.3%
Free cash flow yield3.3%-3.9%-2.8%-5.2%-4.5%-1.4%
Earnings growth-44.2%87.8%-26.4%1.5%68.6%-1091.3%
Current ratio3.09x2.50x7.35x1.73x2.75x10.05x
Debt to equity-0.00x-2.87x1.68x0.01x0.00x0.00x
Equity ratio-97.9%-30.1%28.3%52.7%61.1%82.9%
Interest coverage-8.42x-17.78x-283.71x-37.99x-149.40x—
Buybacks as a share of market value-8.9%-3.0%-24.8%-9.5%-3.1%-19.5%

Growth per year

Compound annual rate

3 years5 years10 years
Operating income7.1%68.1%—
Net income10.7%140.9%—

Valuation history

At each fiscal year end

FY2024FY2023FY2022FY2021FY2020
Price to earnings-6.7-10.4-9.1-23.4-13.3

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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