Solaris Resources Inc. (SLSR)
Solaris Resources Inc. engages in the exploration, acquisition, and development of mineral properties. Its projects include Warintza, Tamarugo, Ricardo, La Verde and Capricho & paco Orco. The company was founded on June 18, 2018 and is headquartered in Vancouver, Canada.
Sector: Gold and Silver Ores
Industry: Other Precious Metals
Solaris Resources Inc.
NYSE:SLSRBasic Materials · Other Precious Metals
+1.06%$6.65
AH Close$6.65+0.00%vs close
AH Close$6.65+0.00%vs close
Mkt Cap$1.11B
Float95.74M
O/S167.07M
Inst Own30.7%
SI1.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$42.97M
Total Assets$57.92M
Free Cash Flow$46.79M
Debt & Equity
Total Debt$476K
Total Equity-$56.73M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in SLSR's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$57.92M
Liabilities$106.81M
Accounts Receivable$76K
Accounts Payable$0
Inventory$156K
PP&E (Net)$4.95M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $1.12M | $0 | $0 | $0 | $0 | $0 | $13K | $6K | $2K |
| Gross Profit | -$1.12M | $0 | $0 | $0 | $0 | $0 | -$13K | -$6K | -$2K |
| Gross Margin | - | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $48.02M | $11.47M | $10.22M | $8.82M | $9.5M | $19.34M | $5.54M | $2.84M | $1.93M |
| Other | $0 | $61.51M | $30.95M | $51.49M | $49.85M | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $48.02M | $72.98M | $41.17M | $60.31M | $59.35M | $19.34M | $5.54M | $2.84M | $1.93M |
| Operating Income (EBIT) | -$49.13M | -$72.98M | -$41.17M | -$60.31M | -$59.35M | -$19.34M | -$5.56M | -$2.85M | -$1.93M |
| Operating Margin | - | - | - | - | - | - | - | - | - |
| Interest Expense | $5.84M | $4.83M | $146K | $0 | $0 | $5K | $0 | $0 | $0 |
| Interest Income | $1.15M | $919K | $590K | $366K | $398K | $93K | $0 | $0 | $0 |
| Other Income (Expense) | $6.68M | -$4.11M | $88K | $1.59M | $2.49M | -$6.65M | $2.72M | $782K | $7K |
| Income Before Tax (EBT) | -$42.45M | -$77.08M | -$41.08M | -$58.72M | -$56.86M | -$25.99M | -$2.83M | -$1.96M | -$1.92M |
| Income Tax Expense | $578K | $0 | $0 | $0 | $0 | $0 | $0 | -$41K | $3 |
| Net Income | -$42.97M | -$77.02M | -$41.01M | -$58.66M | -$56.8M | -$25.92M | -$2.78M | -$1.92M | -$1.92M |
| Net Income Margin | - | - | - | - | - | - | - | - | - |
| Supplementary Data | |||||||||
| EPS | -0.26 | -0.47 | -0.29 | -0.50 | -0.52 | -0.35 | -0.06 | -0.03 | -0.03 |
| Diluted EPS | -0.26 | -0.47 | -0.29 | -0.50 | -0.52 | -0.35 | -0.06 | -0.03 | -0.03 |
| Weighted Average OS | 165.13M | 157.32M | 142.12M | 113.60M | 107.59M | 77.40M | 45.72M | 74.50M | 74.50M |
| EBITDA | -$35.5M | -$71M | -$40.01M | -$57.93M | -$56.45M | -$19.27M | -$2.82M | -$2.84M | -$1.93M |
| EBITDA Margin | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Assets | |||||||||
| Current Assets | |||||||||
| Cash and Cash Equivalents | $25.16M | $31.74M | $38.87M | $14.77M | $33.9M | $73.59M | $6.09M | $241K | $92K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $25.16M | $31.74M | $38.87M | $14.77M | $33.9M | $73.59M | $6.09M | $241K | $92K |
| Accounts Receivable | $76K | $165K | $198K | $251K | $147K | $0 | $0 | $0 | $37K |
| Inventory | $156K | $143K | $95K | $102K | $86K | $0 | $0 | $0 | $0 |
| Other Current Assets | $518K | $86 | $0 | $0 | $0 | $244K | $0 | $0 | $0 |
| Total Current Assets | $25.91M | $32.58M | $39.39M | $15.26M | $34.85M | $73.84M | $6.19M | $311K | $129K |
| Long-Term Assets | |||||||||
| Property, Plant & Equipment Net | $4.95M | $24.05M | $21.86M | $22.96M | $22.72M | $835K | $20.32M | $45K | $43K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $820K | $571K | $0 | $0 | $0 | $70K | $0 | $1.67M | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $26.23M | $340 | $571K | $313K | $74K | $20.18M | $4.07M | $20.18M | $20.18M |
| Total Long-Term Assets | $32.01M | $24.62M | $22.43M | $23.27M | $22.8M | $21.09M | $24.39M | $21.9M | $20.22M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $57.92M | $57.2M | $61.82M | $38.53M | $57.65M | $94.92M | $30.58M | $22.21M | $20.35M |
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts Payable | $0 | $12.84M | $5.27M | $8.34M | $10.75M | $0 | $379K | $155K | $0 |
| Short-Term Debt | $57K | $0 | $0 | $0 | $0 | $56K | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $7.76M | $0 | $0 | $365K | $1.78M | $7.29M | $0 | $0 | $144K |
| Total Current Liabilities | $8.38M | $13.05M | $5.36M | $8.85M | $12.67M | $7.35M | $456K | $155K | $144K |
| Long-Term Liabilities | |||||||||
| Long-Term Debt | $0 | $49.21M | $29.36M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $93.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $4.51M | $4M | $1.67M | $1.37M | $1.67M | $936K | $1.51M | $1.27M | $0 |
| Total Long-Term Liabilities | $98.43M | $53.43M | $31.03M | $1.46M | $1.86M | $1.01M | $1.57M | $1.27M | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $106.81M | $66.48M | $36.39M | $10.3M | $14.53M | $8.36M | $2.03M | $1.43M | $144K |
| Stockholders' Equity | |||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $251.95M | $244.57M | $206.36M | $169.95M | $119.56M | $110.24M | $43.1M | $32.7M | $0 |
| Retained Earnings | -$324.22M | -$282.58M | -$205.57M | -$164.56M | -$105.9M | -$49.1M | -$23.19M | -$20.47M | -$14.26M |
| Comprehensive Income & Other | $15.54M | $2.12M | $1.58M | $1.04M | $1.72M | $17.51M | $0 | $671K | $26.54M |
| Other Stockholders' Equity | $15.54M | $20.81M | $16.72M | $14.92M | $21.55M | $17.51M | $811K | $671K | $26.54M |
| Total Equity | -$56.73M | -$17.2M | $17.52M | $20.32M | $35.21M | $78.64M | $20.73M | $12.9M | $12.29M |
| Minority Interest | $7.84M | $7.91M | $7.91M | $7.91M | $7.91M | $7.91M | $7.82M | $7.88M | $7.92M |
| Total Liabilities and Equity | $50.08M | $49.28M | $53.91M | $30.62M | $49.74M | $87.01M | $22.76M | $14.33M | $12.43M |
| Supplementary Data | |||||||||
| Total Debt | $476K | $49.64M | $29.45M | $235K | $324K | $135K | $97K | $0 | $0 |
| Net Debt | -$24.69M | $17.9M | -$9.41M | -$14.54M | -$33.57M | -$73.46M | -$6M | -$241K | -$92K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Operating Activities | |||||||||
| Net Income | -$42.97M | -$77.08M | -$41.08M | -$58.72M | -$56.86M | -$25.99M | -$2.78M | -$1.92M | -$1.92M |
| Depreciation & Amortization | $1.12M | $1.01M | $928K | $783K | $408K | $68K | $13K | $6K | $2K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $4M | $5.13M | $3.51M | $4.9M | $1.59M | $212 | $0 | $0 |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$30K | $6K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | -$3.4M | -$2.54M | $7.47M | $2.8M | $0 | $0 | $0 |
| Other Working Capital | $82.44M | $7.37M | $2K | $407K | -$623K | -$128K | $602K | $56K | $87K |
| Total Working Capital Change | $82.44M | $7.37M | -$3.39M | -$2.14M | $6.85M | $2.67M | $602K | $26K | $93K |
| Other Non-Cash Items | $8.52M | $6.31M | $100K | -$1.83M | -$1.96M | $7.55M | -$2.47M | -$829K | -$2K |
| Net Cash from Operating | $49.11M | -$58.39M | -$38.31M | -$58.39M | -$46.66M | -$14.11M | -$4.66M | -$2.76M | -$1.83M |
| Investing Activities | |||||||||
| Capital Expenditures | -$2.32M | -$250K | -$89K | -$1.12M | -$1.68M | -$684K | -$7K | -$8K | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $38K |
| Purchases of Investments | -$1.92M | -$238K | $0 | $0 | $0 | $0 | -$72K | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $1.15M | -$2.17M | -$258K | -$239K | $596K | $0 | -$70K | $0 | $0 |
| Net Cash from Investing | -$3.1M | -$2.66M | -$347K | -$1.35M | -$1.09M | -$684K | -$79K | -$8K | $38K |
| Financing Activities | |||||||||
| Debt Repaid | $45.79M | -$14.76M | -$29.84M | $155K | $265K | $44K | $6K | - | - |
| Common Stock Issuance | -$6.66M | $39.63M | $10M | $0 | $0 | $78.55M | $9.78M | $1.84M | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$308K | $86K | $22.43M | $41.41M | $7.48M | $2.67M | -$66K | $2.91M | $1.78M |
| Net Cash from Financing | -$52.76M | $54.47M | $62.27M | $41.25M | $7.21M | $81.17M | $10.67M | $2.91M | $1.78M |
| Forex Effect | $192K | -$548K | $488K | -$634K | $839K | $1.13M | $51 | $0 | $0 |
| Net Change in Cash | -$6.55M | -$7.13M | $24.09M | -$19.13M | -$39.7M | $67.5M | $5.85M | $149K | -$3K |
| Supplementary Data | |||||||||
| Operating Cash Flow | $49.11M | -$58.39M | -$38.31M | -$58.39M | -$46.66M | -$14.11M | -$4.66M | -$2.76M | -$1.83M |
| Capital Expenditure | -$2.32M | -$2.66M | -$89K | -$1.12M | -$1.68M | -$684K | -$7K | -$8K | $0 |
| Free Cash Flow | $46.79M | -$61.05M | -$38.4M | -$59.51M | -$48.34M | -$14.8M | -$4.66M | -$2.76M | -$1.83M |
| Cash at Beginning | $31.72M | $38.87M | $14.77M | $33.9M | $73.59M | $6.09M | $241K | $92K | $95K |
| Cash at End | $25.16M | $31.74M | $38.87M | $14.77M | $33.9M | $73.59M | $6.09M | $241K | $92K |