21:04:56 EDT Sat 07 Sep 2024
Enter Symbol
or Name
USA
CA



Solaris Resources Inc
Symbol SLS
Shares Issued 159,037,861
Close 2024-06-12 C$ 4.58
Market Cap C$ 728,393,403
Recent Sedar Documents

Globe says Solaris seen as "an acquisition candidate"

2024-06-12 08:22 ET - In the News

The Globe and Mail reports in its Wednesday, June 12, edition that BMO Capital Markets analyst Rene Cartier has resumed coverage on Solaris Resources with an "outperform" recommendation following its bought deal financing. The Globe's David Leeder writes in the Eye On Equities column that Mr. Cartier trimmed his Solaris Resources share target to $14 from $15. Analysts on average target the shares at $15.74. Mr. Cartier says in a note: "Solaris has opportunities for positive news flow as it establishes an updated resource and as project studies are released. Moreover, we believe continued exploration success at Warintza, and at identified proximal targets, will support future opportunities to further increase resources. In our view, Solaris remains an acquisition candidate for companies looking to enhance their copper exposure." The Globe reported on Nov. 23, 2021, that Mr. Cartier rated Solaris Resources "outperform" in new coverage when it could be had for $13.15. The Globe reported on Jan. 12, 2024, that Mr. Cartier had trimmed his share target to $15 from $17. The shares could then be had for $4.32.

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