Solaris Resources Inc. has once again exceeded expectations, demonstrating resilience in a tough market.
On August 12, 2026, Solaris Resources Inc. (SLS.TO) announced its latest earnings for the fiscal period ending June 30, 2026. The company surprised investors with an earnings per share (EPS) of -0.028, beating the consensus estimate of -0.1 by an impressive 72%. This marks the fourth consecutive quarter of positive surprises for Solaris, reinforcing its position in the volatile metals and mining sector.
Recent earnings trend
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Solaris Resources Inc
SLS.TO
SLS.TO
Solaris Resources Inc
WealthAwesomeMarket cap
$1.89B
52W high
$15.71
52W low
$6.88
1W change
-7.97%
Beta
2.22
Analyst Price Targets
Based on analyst covering SLS
Wall Street analysts forecast SLS stock price to rise 88.2% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$21.30
+88.2% Upside
Current Price
C$11.32
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on SLS's historical volatility
30-Day Vol
49.4%
Annualized
90-Day Vol
61.9%
Annualized
Trend (90d)
-16.0%
Annualized drift
90d Mean
C$10.69
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$11.11 | C$9.37 – C$13.17 |
| 60 trading days | C$10.90 | C$8.56 – C$13.87 |
| 90 trading days | C$10.69 | C$7.96 – C$14.36 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Analyst coverage: 2 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 4 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-12 | -0.0280 | -0.1000 | +72.0% |
| 2026-03-31 | 2026-05-13 | -0.0400 | -0.0800 | +50.0% |
| 2025-12-31 | 2026-03-26 | -0.0831 | -0.1100 | +24.5% |
| 2025-09-30 | 2025-11-12 | -0.1000 | -0.1500 | +33.3% |
| 2025-06-30 | 2025-08-13 | -0.0300 | -0.1200 | +75.0% |
| 2025-03-31 | 2025-05-15 | -0.1400 | -0.1300 | -7.7% |
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Investor takeaway: Even though Solaris reported a negative EPS, its consistent ability to exceed estimates shows effective management amid industry challenges. Investors should keep an eye on the company’s developments, especially given its recent track record of earnings surprises.
Bull case
The bullish outlook for Solaris Resources relies on its successful project developments and the potential for rising copper prices. Analysts are optimistic, with a consensus rating leaning positive and an average target price of C$21.30. If the company continues to execute its growth strategy effectively, there’s significant upside potential.
Bear case
On the flip side, the bear case highlights the risks inherent in the mining sector, such as fluctuating commodity prices and operational challenges. The ongoing negative EPS trend might also raise concerns for more cautious investors.
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