SLS.TO
Solaris Resources Inc.Basic Materials·Other Precious Metals
$14.08
$2.4B market cap
Revenue
$0.0M
Free Cash Flow
$-12.8M
Rev Growth
+0.0%
FCF Margin
0.0%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Solaris Resources Inc. engages in acquisition, exploration, and development of mineral properties. It focuses on exploring copper, molybdenum, gold, lead, zinc, and silver. The company's flagship project is the 100% owned Warintza Copper and Gold Project comprising eight metallic mineral concessions, which covers an area of 268 km2 located in Ecuador. The company was formerly known as Solaris Copper Inc. and changed its name to Solaris Resources Inc. in December 2019. The company was incorporate
2-Year Price History
$13.30+193.6%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 0.0 | -3.7 | -4.1 | -4.9 | -4.6 | -4.9 | -0.2 | 12.9 | 0.4 | 166.9 | <-999% | -3.4x | -- |
| Act | 2025-Q4 | 0.0 | -7.2 | -7.7 | -9.5 | -7.5 | -7.9 | -0.5 | 25.2 | 0.5 | 166.9 | <-999% | -6.5x | -- |
Valuation & Metrics
Market Stats
Price$14.08
Market Cap$2.4B
Enterprise Value$1.7B
P/S Ratio0.0x
P/FCF--
EV/FCF--
FCF Margin (TTM)0.0%
FCF Yield-0.8%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyCAD
TTM Financial Snapshot
Revenue$0.0M
Net Income$-14.3M
Free Cash Flow$-12.8M
Revenue Growth (YoY)+0.0%
EBITDA Margin0.0%
Net Margin0.0%
FCF Margin0.0%
CapEx % of Revenue0.0%
SBC % of Revenue0.0%
ROIC-5132.4%
WC Change % Rev0.0%
Interest Coverage-5.0x
Forward Outlook & Risk
Employees
Headcount66
Revenue / Employee$0
Gross Profit / Employee$-13,873
Cash Runway
12.1months
WATCH
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
19.1%(+12.8% YoY)
66 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
0.1%(+0.1% YoY)
3 filers
Vanguard, iShares, SPDR
Market makers
0.0%(+0.0% YoY)
3 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| Helikon Investments Ltd | $133M | $9.60 | +$78.4M | +$126M | +5.9% | $2.65B |
| PSquared Asset Management AG | $35.3M | $5.08 | +$1.5M | −$4.0M | -1.5% | $287M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $34.7M | $6.55 | +$14.2M | +$6.0M | +1.7% | $73.71B |
| PRINCIPAL FINANCIAL GROUP INC | $25.8M | $11.75 | +$26.8M | +$25.8M | -0.5% | $186.29B |
| Orion Resource Partners LP | $23.2M | $3.82 | −$27.6M | −$23.6M | +11.7% | $219M |
| PICTON MAHONEY ASSET MANAGEMENT | $18.6M | $6.72 | +$1.4M | +$18.6M | +1.4% | $9.44B |
| L1 Capital Pty Ltd | $17.0M | $3.51 | −$15.2M | −$25.6M | +2.4% | $2.55B |
| SPROTT INC. | $15.1M | $3.93 | −$9.4M | −$8.8M | +1.7% | $3.29B |
| UBS Group AG | $14.8M | $10.08 | +$13.2M | +$12.9M | -0.3% | $562.11B |
| JPMORGAN CHASE & CO | $11.5M | $8.82 | −$38K | +$11.5M | -0.2% | $1.47T |
| MORGAN STANLEY | $11.4M | $9.40 | +$3.7M | +$11.2M | -0.3% | $1.65T |
| BANK OF AMERICA CORP /DE/ | $10.9M | $8.17 | +$2.1M | +$10.5M | -0.1% | $1.36T |
| Amundi | $10.4M | $6.62 | +$3.8M | +$3.2M | -0.2% | $366.88B |
| JANUS HENDERSON GROUP PLC | $7.5M | $5.92 | +$2.9M | −$4.2M | +1.2% | $209.29B |
| MACKENZIE FINANCIAL CORP | $6.2M | $3.99 | +$46K | +$657K | -0.2% | $83.32B |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $6.1M | $11.41 | +$3.5M | +$6.1M | +0.1% | $184.72B |
| Man Group plc | $4.2M | $10.89 | +$5.0M | +$4.2M | -0.4% | $47.62B |
| TWO SIGMA INVESTMENTS, LP | $4.0M | $7.80 | −$892K | +$4.0M | -0.9% | $117.03B |
| TD Waterhouse Canada Inc. | $3.9M | $3.81 | −$4.7M | −$7.6M | -0.3% | $33.70B |
| BANK OF MONTREAL /CAN/ | $3.6M | $4.00 | +$1.0M | −$288K | -0.1% | $234.58B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)BEARISH
Holders
+2.87%
avg per quarter
Holders (ex-self)
+2.65%
excl. this stock
Buyers (this Q)
+2.77%
43 buyers · $0.14B in
Sellers (this Q)
+5.31%
19 sellers · $0.04B out
alpha coverage: 100% of $ has a lifetime-alpha record
Holder behavior (holder profile)source: holder
On big dips (−10%+)
-1.3%
how holders react when this stock falls
On quiet Qs
-0.4%
−10% to +10% baseline
On rallies (+10%+)
-6.7%
how they react when this stock rises
Holders' portfolio flow this Q
+16.9%
inflows — adds are organic
Sellers' portfolio flow this Q
+13.4%
Sellers grew AUM elsewhere — opinionated cut of this stock.
Biggest decreases this quarter
Orion Resource Partners LP−$27.6Mα+11.7L1 Capital Pty Ltd−$15.2Mα+2.4NewGen Asset Management Ltdexited−$9.8MSPROTT INC.−$9.4Mα+1.7TD Waterhouse Canada Inc.−$4.7Mα-0.3Extract Advisors LLCexited−$4.2MMILLENNIUM MANAGEMENT LLCexited−$2.1MD. E. Shaw & Co., Inc.−$1.5Mα-0.3TWO SIGMA INVESTMENTS, LP−$892Kα-0.9Spark Investment Management LLCexited−$256K
Top-5 holders · 58.9%
Helikon Investments Ltd--
PSquared Asset Management AG--
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.--
PRINCIPAL FINANCIAL GROUP INC--
Orion Resource Partners LP--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
Helikon Investments Ltd15.5MOrion Resource Partners LP2.7MPSquared Asset Management AG4.1MMIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.4.0ML1 Capital Pty Ltd2.0MPRINCIPAL FINANCIAL GROUP INC3.0MBoundary Creek Advisors LP—SPROTT INC.1.8MPICTON MAHONEY ASSET MANAGEMENT2.2MUBS Group AG1.7M
Analyst Coverage
Analyst Coverage
Analyst Ratings
1
1
Buy: 1Hold: 1Consensus: Buy