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Solaris Resources ( (TSE:SLS) ) has provided an update.
Solaris Resources Inc., a company operating in the mining industry, announced a change in its auditing firm. Effective June 25, 2025, KPMG LLP resigned as the auditor on its own initiative, and BDO Canada LLP has been appointed to fill the vacancy. The transition was approved by the company’s audit committee and board of directors, with no modified opinions or reportable events noted in KPMG’s reports for the past two financial years. This change in auditors is not expected to impact the company’s financial reporting or stakeholder relations.
The most recent analyst rating on (TSE:SLS) stock is a Buy with a C$12.00 price target. To see the full list of analyst forecasts on Solaris Resources stock, see the TSE:SLS Stock Forecast page.
Spark’s Take on TSE:SLS Stock
According to Spark, TipRanks’ AI Analyst, TSE:SLS is a Underperform.
The overall stock score for Solaris Resources is 31, reflecting significant financial challenges including persistent losses, negative equity, and cash flow issues. While technical analysis provides mixed signals, the valuation remains unattractive due to the negative P/E ratio and lack of dividends. These factors collectively suggest a high-risk investment with substantial uncertainty.
To see Spark’s full report on TSE:SLS stock, click here.
More about Solaris Resources
Average Trading Volume: 207,991
Technical Sentiment Signal: Buy
Current Market Cap: C$1.09B
Find detailed analytics on SLS stock on TipRanks’ Stock Analysis page.