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Bullboard - Stock Discussion Forum Solaris Resources Inc T.SLS

Alternate Symbol(s):  SLSR

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

TSX:SLS - Post Discussion

Solaris Resources Inc > FYI - From a recent analyst report
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Post by HARJAY on Jun 20, 2024 9:02am

FYI - From a recent analyst report

We view Solaris as one of the premier exploration/development-stage companies in the copper sector. We believe that it has a strong treasury and management and technical teams and an undivided interest in a cluster of porphyries on the Warintza property. Moreover, we expect copper M&A to continue to be a key theme in the coming years and believe fully permitted, low-capital-intensity projects will continue to be highly sought-after. We have updated our model to reflect the recently closed equity financing. Net of this and other minor changes, our corporate NAV10% decreases to C$27.37/share (from C$28.48/ share). Our target price decreases to C$14.00 (from C$/17.00) on our lower NAV and multiple that attempt to reflect the recent pullback in the copper price
Comment by masterthink on Jun 20, 2024 10:44am
NO ISIDERS BUYING EVEN AT $4.00..THEY STARTED TO BUY AROUND $3.80 IN THE PAST. SOMETHING IS STINKY HERE AND iCAN'T FIND OUT ANY EVIDENCE...
Comment by HARJAY on Jun 20, 2024 11:03am
The insiders have lots already and have acquired options etc. at lower prices than today so why would they ? Nice negative spin on that analyst report. Date Issuer Insider Transaction Amount New Balance Filed 2024-06-14 17:52   Tx date 2024-06-11 $SLS Solaris Resources Inc.  ...more  
Comment by E30S14 on Jun 20, 2024 2:11pm
Thanks for sharing HARJAY. Not a good day for SLS so far. Is there something ominous happening unbeknownst to shareholders? $3.87 -0.19 |  -4.68% Bid:  3.86 x 1,400 Ask:  3.88 x 700 Volume: 198,648 CAD  |  TSX  |  DELAYED  |   |  JUNE 20, 2024 01:47:00 PM  ...more