Bullboard - Stock Discussion Forum Solaris Resources Inc T.SLS

Alternate Symbol(s): SLSR

Metals & Mining Industrial Metals & Minerals

Solaris Resources Inc. is a Canada-based multi-asset exploration company that is engaged in advancing a portfolio of copper and gold assets in the Americas. Its Warintza property is a porphyry copper-molybdenum-gold project located in southeastern Ecuador in the province of Morona Santiago. It includes nine metallic mineral concessions covering 26,777 hectares (ha). The Ricardo property is an... see more

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TSX:SLS - Post Discussion

Solaris Resources Inc > Cannacord Raises Target

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Post by BeyondValuez on May 22, 2024 10:27am

Cannacord Raises Target

New target at $14.50

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Comment by HARJAY on May 22, 2024 10:37am

FYI May 22, 2024 Price: C$5.24 (05/21/2024) Price Target: C$17.00 Yesterday evening, Solaris announced a C$35mm bought deal equity financing. With the offering priced at an ~6.5% discount to yesterday's closing price, we could see modest pressure on the shares in today's trading; however, we view the financing positively as the offering will help fund an expanded drilling program (which ...more

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Comment by Horsesmouth2U on May 22, 2024 12:27pm

Please confirm for me. Cannacord has a target price of $17.00\share. My understanding is when these Analyist Types give a Target Price it is a price they are saying the stock should hit within a year. Is this correct? Personally I think these Analyists are a dime a dozen.

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