Solis Minerals Ltd (SLMN) AI Stock Analysis

• Market Cap: C$7.91M
• Dividend Yield: N/A
• Average Volume (3M): 59.94K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.27
• Revenue Growth: N/A
• EPS Growth: -130.57%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Mining
• EPS (TTM): -0.13
• Shares Outstanding: 87,844,890
• 10 Day Avg. Volume: 49,604
• 30 Day Avg. Volume: 59,936
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -3.70
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Solis Minerals Ltd faces significant financial challenges, with no revenue and ongoing losses indicating a precarious financial position. The lack of profitability weighs heavily on the stock score. However, recent corporate events, including funding and strategic leadership changes, provide a positive outlook, potentially improving exploration capabilities. Despite these positives, the valuation remains speculative.

Solis Minerals Ltd Business Overview & Revenue Model

Company Description

Solis Minerals Ltd (SLMN) is a mining exploration company focused on the discovery and development of mineral resources. The company primarily operates in the copper and lithium sectors, engaging in the acquisition, exploration, and development of mineral properties in South America. Solis Minerals aims to leverage its strategic assets to meet the growing demand for these essential minerals.

How the Company Makes Money

Solis Minerals Ltd generates revenue through the exploration and development of its mineral assets, primarily focusing on copper and lithium. The company makes money by discovering, developing, and potentially selling its mineral resources or by partnering with other mining companies for joint ventures. Significant revenue streams include the sale of extracted minerals, royalties, and potential future production agreements with other mining operators. Solis Minerals may also engage in strategic partnerships or secure financing to support its exploration and development activities, thereby enhancing its revenue potential.

Solis Minerals Ltd Financial Statement Overview

Summary

Solis Minerals Ltd is facing significant financial challenges, with no revenue generation and consistently negative profitability metrics. Despite low debt levels, the company's declining equity and asset base raise concerns about its long-term sustainability. The cash flow analysis reinforces the liquidity and operational funding difficulties. Strategic restructuring may be necessary to improve financial health.

Income Statement

Solis Minerals Ltd has reported zero revenue over the analyzed periods, indicating no sales or operational income generation. The company consistently incurs losses, with a notably high negative net income, reflecting significant operational and financial challenges. The lack of revenue growth and persistent negative margins suggest a concerning financial trajectory.

Balance Sheet

The company maintains a low debt-to-equity ratio, which indicates conservative leverage and potential financial stability. However, the equity ratio has fluctuated, with recent decreases indicating potential risks in asset management or financial strategy. The overall low liabilities are a positive aspect, but the declining asset base poses concerns.

Cash Flow

Solis Minerals Ltd exhibits negative operating and free cash flows, indicating challenges in sustaining operational activities and funding through internal cash generation. The lack of positive free cash flow growth further highlights financial strain, while the cash flow to net income ratios are not favorable, emphasizing liquidity issues.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-21.00K	-25.59K	-1.53K	-1.94K	-142.36K	-155.90K
	EBIT
-1.97M	-2.46M	-1.77M	-2.11M	-224.48K	-479.61K
	EBITDA
-2.29M	-2.47M	-1.46M	-3.11M	-25.99K	-308.63K
	Net Income Common Stockholders
-10.95M	-11.97M	-1.46M	-3.12M	-184.97K	-491.62K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
5.00M	3.92M	113.04K	3.57M	2.55M	10.05K
	Total Assets
12.72M	11.63M	5.22M	7.10M	6.16M	3.51M
	Total Debt
102.82K	24.82K	0.00	0.00	51.02K	292.81K
	Net Debt
-4.90M	-3.90M	-113.04K	-3.57M	-2.50M	282.76K
	Total Liabilities
694.71K	447.08K	553.02K	976.16K	536.19K	1.68M
	Stockholders Equity
12.02M	11.18M	4.66M	6.13M	5.62M	1.83M
Cash Flow		Free Cash Flow
-4.69M	―	-2.69M	-3.69M	-626.03K	53.73K
	Operating Cash Flow
-1.89M	―	-1.53M	-1.99M	-425.97K	53.73K
	Investing Cash Flow
-2.80M	―	-1.92M	-1.66M	-200.06K	0.00
	Financing Cash Flow
-19.25K	10.18K	0.00	4.68M	3.16M	-53.40K

Solis Minerals Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SLMN, the sentiment is Positive. The current price of 0.09 is below the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.08, and below the 200-day MA of 0.09, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 57.28 is Neutral, neither overbought nor oversold. The STOCH value of 49.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SLMN.

Solis Minerals Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	46 Neutral	$2.64B	-3.90	-29.96%	3.33%	2.89%	-29.73%
AMY	43 Neutral	C$11.83M	―	-27.99%	―	―	43.89%
RCK	43 Neutral	C$118.67M	―	-48.94%	―	―	55.89%
SLMN	41 Neutral	C$7.91M	―	-101.32%	―	―	-130.57%
NIM	37 Underperform	C$52.35M	―	-122.83%	―	―	-348.98%
ELO	36 Underperform	C$72.67M	―	-17.56%	―	―	13.39%

Solis Minerals Ltd Corporate Events

Solis Minerals Closes First Tranche of Placement, Strengthening Financial Position

Solis Minerals Ltd. has successfully closed Tranche 1 of its Placement, raising A$1,866,703.70 through the issuance of 21,961,220 CHESS Depositary Interests over common shares. This move increases the company’s total issued equity capital to 109,806,103 shares. The completion of Tranche 2 is pending shareholder approval, expected in early April 2025. The placement strengthens Solis Minerals’ financial position, potentially enhancing its exploration capabilities in the copper-rich regions of South America, thereby reinforcing its strategic market positioning.

Solis Minerals Secures $4.5 Million for Peru Drilling Initiatives

Solis Minerals Limited has secured A$4.5 million in funding through a placement to institutional and sophisticated investors, with strong support from both new and existing stakeholders. The funds will be used to advance drilling at key copper targets in southern Peru, including Ilo Este and Chancho al Palo, and to support pre-drilling and exploration work at other projects. This financial boost positions Solis Minerals strongly for its upcoming drilling programs, with expectations of significant developments in 2025.

Solis Minerals Initiates Trading Halt Ahead of Capital Raising Announcement

Solis Minerals Limited has requested a trading halt on its securities on the ASX and TSX Venture Exchange pending an announcement regarding a capital raising or private placement. The halt is expected to last until February 26, 2025, or until the announcement is made, indicating a strategic move that could impact the company’s financial positioning and stakeholder interests.

Solis Minerals Identifies New Copper-Gold Targets at Chocolate Project in Peru

Solis Minerals Limited has identified new copper-gold porphyry and IOCG targets at its Chocolate Project in Peru, with notable sample grades including 4.92% copper and 2.47g/t gold. The company is advancing its exploration efforts with further geophysics and geochemistry surveys to refine drill targets, receiving a drilling permit for its Chancho al Palo project, and aiming to expand its pipeline of drilling opportunities, enhancing the project’s prospectivity along the Coastal Belt.

Solis Minerals Appoints Mitch Thomas as CEO, Strengthening Leadership for Peru Copper Projects

Solis Minerals Ltd has announced the appointment of Mitch Thomas as the new Chief Executive Officer, with Mike Parker transitioning to Technical Director. Mitch Thomas brings extensive experience in corporate and project development within the mining sector, particularly in South America, which positions Solis Minerals for potential growth and success in its upcoming drilling campaign in Peru. The shift in leadership is expected to enhance the company’s strategic operations, reinforcing its strong position in the copper exploration market.

Solis Minerals Expands Copper Exploration at Cinto Project in Peru

Solis Minerals Limited announced significant advancements in their exploration activities at the Cinto Project in Peru, confirming extensive copper porphyry mineralization through rock and channel sampling. The project shows geological similarities to the nearby Toquepala Copper Mine, suggesting potential for large-scale porphyry copper deposits. With plans for an induced-polarization survey and drilling permits underway, Solis is poised to enhance its industry positioning by expanding its mineralization footprint and identifying drill targets for the second half of 2025.