Risk factor
Significant default risk
Profitability factor
Favourable analyst view
About
Solaris Resources Inc. engages in exploration 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 nine metallic mineral concessions, which covers an area of 268 km2 located in Ecuador. It holds interest in Capricho and Paco Orco projects located in Peru; Ricardo and Tamarugo property in Chile; and La Verde property in Mexico. The company was formerly known as Solaris Copper Inc. and changed its name to Solaris Resources Inc. in December 2019. Solaris Resources Inc. was incorporated in 2018 and is based in Vancouver, Canada.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. In particular, the stock is overvalued on P/FCF.
Target Price
The average target price of SLS.TO is 21 and suggests 74% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa
