National Bank Financial Analysts Give Solaris Resources (TSE:SLS) a C$22.50 Price Target

National Bank Financial set a C$22.50 price objective on Solaris Resources (TSE:SLS) in a research report sent to investors on Monday morning,BayStreet reports. The brokerage currently has an outperform rating on the stock.

Solaris Resources Trading Down 5.7%

Shares of SLS stock opened at C$10.19 on Monday. The company has a current ratio of 8.42, a quick ratio of 1.29 and a debt-to-equity ratio of -0.67. The company has a market capitalization of C$1.70 billion, a P/E ratio of -56.61 and a beta of 1.77. The business’s 50 day moving average is C$11.01 and its two-hundred day moving average is C$12.19. Solaris Resources has a twelve month low of C$7.29 and a twelve month high of C$15.71.

Solaris Resources (TSE:SLS) last released its earnings results on Wednesday, August 5th. The company reported C($0.03) EPS for the quarter. Equities analysts forecast that Solaris Resources will post -0.31 EPS for the current year.

About Solaris Resources

Solaris Resources is a copper-gold exploration and development company advancing a portfolio of high-quality assets across the Americas. Its flagship asset is the 100%-owned Warintza Project in southeast Ecuador, a Tier 1 copper porphyry deposit with over 1.3 billion tonnes of Mineral Reserves and outstanding economics driven by high-grade, near-surface mineralization and a world-class strip-adjusted grade. Warintza stands out for its scale, simplicity, and strong community partnerships built through formal agreements and inclusive engagement.