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Explores the large Warintza copper-gold porphyry deposit in southeastern Ecuador.
Explores the large Warintza copper-gold porphyry deposit in southeastern Ecuador.
Has no income from mining yet; money goes on drilling, engineering studies and permitting at Warintza, funded by share issues and strategic investors. The next steps are a feasibility study and a financing package for building a mine, which would cost far more than the company could fund alone. Also listed in the US.
Moat: none (installed base). Large, high-grade discovery but pre-production with no processing infrastructure yet.
Headquarters: Vancouver, Canada · Founded: 2018 · Employees: 84
Size Solaris Resources (SLS.TO) is a Canada Materials company (Other Metals/Minerals) with a market value of $1.19B, the 227th largest of 420 Canada companies the cockpit tracks. Shares closed at C$10.01 on 6 Nov 2026.
Performance Over six months the shares fell 27.6%, against -24.0% for the median peer and +5.2% for the Canada market (cap-weighted) — 10th lowest of 20 in its peer set.
Next results Next results expected around 17 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$0 | C$0 | C$0 | C$0 | C$0 |
| Revenue growth | — | — | — | — | — |
| Gross profit | -C$2.05M | -C$1.54M | -C$1.39M | -C$1.25M | -C$1.02M |
| EBITDA | -C$35.8M | -C$65.9M | -C$98.6M | -C$54.3M | -C$77.5M |
| Net income | -C$41.5M | -C$59.0M | -C$106M | -C$55.3M | -C$76.4M |
| Free cash flow | C$28.9M | C$64.3M | -C$80.7M | -C$51.0M | -C$76.9M |
| Capital expenditure | C$20.3M | C$3.19M | C$3.30M | C$120,122 | C$1.45M |
| Total debt | C$550,475 | C$653,848 | C$71.4M | C$38.8M | C$318,413 |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Solaris Resources SLS.TO | $1.19B | -28% | n/a | n/a | n/a | n/a |
| Evolution Metals & Technologies EMAT | $1.23B | -79% | n/a | -548% | 356.1× | n/a |
| Lundin Mining LUN.TO | $18.1B | -18% | +29% | 36% | 4.6× | 15.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SLS.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.4% | -18.7% | 4th highest of 21 |
| 6-month return | -27.6% | -24.0% | 10th lowest of 20 |
| Distance from 52-week high | -36.3% | -51.3% | 5th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Solaris Resources SLS.TO | Canada | $1.19B | -28% | n/a | n/a | n/a | n/a | n/a |
| Eramet ERA.PA | France | $1.19B | -38% | 0% | -1% | 1.4× | n/a | n/a |
| Faraday Copper FDY.TO | Canada | $1.21B | -18% | n/a | n/a | n/a | n/a | n/a |
| Ivanhoe Electric IE | United States | $1.21B | -45% | -21% | -3,916% | 328.4× | n/a | n/a |
| Gravita India GRAVITA.NS | India | $1.17B | -17% | +24% | 8% | 2.2× | n/a | n/a |
| Collective Mining CNL.TO | Canada | $1.17B | -22% | n/a | n/a | n/a | n/a | n/a |
| North Long Dragon New Materials Tech 301357.SZ | China | $1.23B | -20% | -9% | -23% | 49.9× | n/a | n/a |
| Jiangxi Jiangnan New Material Technology 603124.SS | China | $1.16B | -37% | +19% | 3% | 0.8× | n/a | n/a |
| Evolution Metals & Technologies EMAT | United States | $1.23B | -79% | n/a | -548% | 356.1× | n/a | n/a |
| Uranium Royalty UROY | United States | $1.16B | -24% | +1,570% | 27% | 9.4× | 17.4% | +161.8% |
| Alphamin Resources AFM.V | Canada | $1.12B | -15% | +45% | 54% | 1.3× | n/a | n/a |
| Nanjing Hanrui Cobalt 300618.SZ | China | $1.27B | -49% | +11% | 4% | 1.6× | n/a | n/a |
| Londian Wason New Energy Tech, Inc. Unsponsored ADR FOIL | United States | $1.11B | n/a | +25% | 5% | 0.6× | n/a | n/a |
| Xizang Zhihui Mining 2546.HK | Hong Kong | $1.08B | +8% | +104% | 28% | 11.8× | 32.8% | +6.0% |
| Zimplats ZIM.AX | Australia | $1.06B | -15% | +50% | 33% | 0.8× | -15.0% | +1.1% |
| Jain Resource Recycling JAINREC.NS | India | $1.05B | -43% | +48% | 5% | 0.9× | n/a | n/a |
| Americas Gold and Silver USA.TO | Canada | $1.05B | -50% | +86% | 19% | 5.6× | n/a | n/a |
| Innuovo Technology 000795.SZ | China | $1.42B | -8% | +21% | 5% | 2.1× | n/a | n/a |
| TMC TMC | United States | $1.00B | -60% | n/a | n/a | n/a | n/a | n/a |
| Liontown LTR.AX | Australia | $1.43B | -75% | +115% | 8% | 3.1× | 38.7% | +303.2% |
| Jinchuan Group International Resources 2362.HK | Hong Kong | $997M | +4% | +65% | 22% | 2.0× | -2.2% | -1.8% |