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Solstice Minerals Limited (AU:SLS)
ASX:SLS
Australian Market

Solstice Minerals Limited (SLS) AI Stock Analysis

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AU:SLS

Solstice Minerals Limited

(Sydney:SLS)

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Neutral 50 (OpenAI - 5.2)
Rating:50Neutral
Price Target:
AU$0.41
▲(0.00% Upside)
The score is held back primarily by weak financial performance driven by revenue collapsing to zero, a return to losses, and persistent cash burn. Technicals are supportive due to a strong uptrend and positive momentum, but overbought readings add near-term risk. Valuation is also constrained by a negative P/E (loss-making) and no dividend yield data.
Positive Factors
Exploration Success
Successful exploration at the Nanadie and Yarri projects positions Solstice for growth, leveraging rising demand for gold and copper.
Strong Cash Reserves
With $14 million in cash, Solstice can fund exploration and seize new opportunities, supporting strategic growth and operational stability.
Low Leverage
Low leverage enhances financial flexibility, reducing risk and enabling Solstice to navigate market fluctuations without heavy debt burdens.
Negative Factors
Revenue Collapse
The collapse in revenue to zero indicates severe operational challenges, undermining business sustainability and investor confidence.
Negative Cash Flow
Persistent negative cash flow suggests reliance on external funding, which could strain resources and limit future investment capabilities.
Earnings Instability
Inconsistent earnings, with a return to losses, highlight operational instability, affecting long-term profitability and strategic planning.

Solstice Minerals Limited (SLS) vs. iShares MSCI Australia ETF (EWA)

Solstice Minerals Limited Business Overview & Revenue Model

Company DescriptionSolstice Minerals Limited engages in the gold and base metal exploration in Australia. It holds interests in the Yarri, Kalgoorlie, Yundamindra, and Ponton projects comprising an area of 2,745 kilometer square located within Kalgoorlie, Western Australia. The company was incorporated in 2011 and is headquartered in Subiaco, Australia.
How the Company Makes MoneySolstice Minerals Limited generates revenue through the exploration and development of mineral resources, primarily targeting precious and base metals. The company makes money by acquiring prospective mineral properties, conducting exploration activities to assess their potential, and then either selling these properties to larger mining companies or developing them further through joint ventures or partnerships. Key revenue streams include the sale of mineral rights, royalties from production agreements, and potential future mining operations. Additionally, strategic partnerships with other mining companies or investors can provide financial support and shared expertise, contributing to the company's earnings.

Solstice Minerals Limited Financial Statement Overview

Summary
Solstice Minerals Limited exhibits significant revenue growth and profitability improvements, reflected in a strong income statement. The balance sheet is robust, showing low leverage and high equity, though past financial instability is apparent. Cash flow challenges persist, with negative operating and free cash flows raising concerns about liquidity. Overall, while recent financial performance shows promise, historical volatility and cash flow issues present risks.
Income Statement
Solstice Minerals Limited has achieved significant revenue growth in 2024 with total revenue of AUD 8.26 million, marking a substantial turnaround from zero revenue in previous years. The net profit margin stands at 55.81% due to a net income of AUD 4.61 million, indicating profitability despite negative EBIT and EBITDA margins of -51.59% and -50.62%, respectively. The gross profit margin is 100% as the revenue equaled the gross profit. However, the income statement is marked by volatility and past losses, suggesting potential risk.
Balance Sheet
The company's balance sheet reflects strong equity with a debt-to-equity ratio of 0.005, showing minimal leverage and a solid equity base of AUD 20.6 million. The return on equity (ROE) is a remarkable 22.39%, indicating effective management in generating profits from shareholders' equity. The equity ratio is high at 94.10%, emphasizing financial stability. Despite this, the historical negative equity values highlight past challenges.
Cash Flow
The cash flow statement reveals challenges, with negative operating cash flow of AUD -2.34 million and free cash flow of AUD -2.49 million in 2024. The free cash flow to net income ratio is negative, underscoring cash generation issues despite reported profits. The substantial increase in investing cash flow suggests strategic investments. However, historical cash flow volatility and negative free cash flow indicate potential liquidity concerns.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue0.000.008.42M0.000.000.00
Gross Profit0.00-127.86K8.26M-165.09K-18.74K0.00
EBITDA-1.85M-3.75M4.77M-6.75M-3.52M0.00
Net Income-1.58M-3.07M4.61M-6.91M-3.74M-890.09K
Balance Sheet
Total Assets20.87M20.87M21.90M16.39M22.21M2.93M
Cash, Cash Equivalents and Short-Term Investments14.99M14.99M17.55M9.97M15.92M0.00
Total Debt35.73K35.73K104.02K184.01K49.79K4.05M
Total Liabilities477.56K477.56K1.30M739.67K665.55K4.05M
Stockholders Equity20.39M20.39M20.60M15.65M21.54M-1.12M
Cash Flow
Free Cash Flow-4.63K-4.64M-2.49M-5.94M-501.40K
Operating Cash Flow-3.63K-3.63M-2.34M-5.82M-483.80K
Investing Cash Flow-891.72K-898.74K10.00M-121.42K-17.60K0.00
Financing Cash Flow1.98M1.94M-79.99K-6.74K16.42M0.00

Solstice Minerals Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.41
Price Trends
50DMA
0.33
Positive
100DMA
0.33
Positive
200DMA
0.27
Positive
Market Momentum
MACD
0.02
Negative
RSI
63.70
Neutral
STOCH
55.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SLS, the sentiment is Positive. The current price of 0.41 is above the 20-day moving average (MA) of 0.37, above the 50-day MA of 0.33, and above the 200-day MA of 0.27, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 63.70 is Neutral, neither overbought nor oversold. The STOCH value of 55.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SLS.

Solstice Minerals Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
50
Neutral
AU$46.07M-12.99-14.96%-100.00%-166.09%
46
Neutral
AU$7.13M-12.93-38.56%21.62%
44
Neutral
AU$23.58M-50.00
44
Neutral
AU$7.02M-0.50-78.12%-349.06%
44
Neutral
AU$5.98M-4.58-38.30%61.60%
38
Underperform
AU$5.91M-5.45-26.98%4.35%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SLS
Solstice Minerals Limited
0.40
0.25
163.33%
AU:OKJ
Oakajee Corporation Ltd
0.08
0.07
650.00%
AU:KLR
Kaili Resources Limited
0.16
0.11
287.50%
AU:SLZ
Sultan Resources Ltd.
0.01
<0.01
20.00%
AU:AIV
ActivEX Limited
0.02
0.01
100.00%
AU:PRL
Province Resources Ltd
0.01
-0.03
-70.73%

Solstice Minerals Limited Corporate Events

Solstice Minerals Expands RC Drilling at Nanadie Copper-Gold Project to Grow Resource
Jan 6, 2026

Solstice Minerals has restarted and expanded its Phase 1 reverse circulation drilling program at the Nanadie Copper-Gold Project in Western Australia after a brief holiday pause, increasing the campaign to 6,300 metres on the back of encouraging geological observations from the first 13 holes drilled in late 2025. The work is designed to extend the 150-metre-wide, 900-metre-long disseminated sulphide system, tighten drill spacing within and below the current resource model, and test step-out targets to the north and south, with the goal of materially growing the existing Mineral Resource Estimate in a copper market characterised by strong demand and constrained supply; all 2025 samples are now at the laboratory, with initial assay results expected by mid to late January.

The most recent analyst rating on (AU:SLS) stock is a Hold with a A$0.41 price target. To see the full list of analyst forecasts on Solstice Minerals Limited stock, see the AU:SLS Stock Forecast page.

Solstice Minerals Seeks ASX Quotation for Additional Ordinary Shares
Dec 30, 2025

Solstice Minerals Limited has applied to the Australian Securities Exchange for quotation of 94,809 new fully paid ordinary shares under its SLS ticker. The additional securities, issued on 30 December 2025 following the exercise or conversion of existing options or other convertible instruments, represent a modest expansion of the company’s quoted capital base, marginally increasing liquidity for shareholders and signaling continued utilisation of equity-linked incentives or funding structures.

Solstice Minerals Seeks ASX Quotation for New Share Issue
Dec 24, 2025

Solstice Minerals Limited has applied to the ASX for quotation of 271,530 new fully paid ordinary shares, issued on 23 December 2025, under Appendix 2A of the ASX Listing Rules. The relatively small equity issuance, arising from the exercise of options or conversion of other securities, modestly increases the company’s share capital and may provide incremental funding or broaden its shareholder base without materially altering its capital structure.

Solstice Minerals Reports Strong Year-End Exploration Results
Dec 18, 2025

Solstice Minerals has concluded an active 2025 exploration program across its Western Australian assets, highlighted by progress at the Nanadie Copper-Gold Project and Yarri Project. The Nanadie project aims to expand an already significant copper and gold resource, while the Yarri Project continues to produce promising gold intercepts. The company is poised for further growth in 2026, backed by $14 million in cash reserves to fund exploration and potential business opportunities. This progress positions Solstice favorably in light of rising market demand for gold and copper, underpinned by its strong operational and financial standing.

Solstice Minerals Limited Announces Quotation of New Securities
Dec 15, 2025

Solstice Minerals Limited has announced the quotation of 180,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of December 15, 2025. This move signifies the company’s strategic efforts to enhance its capital structure and potentially improve its market positioning, offering stakeholders an opportunity to engage with its growth trajectory.

Solstice Minerals Announces Director’s Interest Change
Dec 11, 2025

Solstice Minerals Limited announced a change in the interests of its director, David Nicholas Castleden, involving the cancellation of certain performance rights. This change was due to the lapse of conditional rights to securities, as the conditions for these rights were not met or became incapable of being satisfied. The announcement reflects internal adjustments in the company’s governance and may impact stakeholders by altering the director’s financial incentives.

Solstice Minerals Announces Cessation of Performance Rights
Dec 11, 2025

Solstice Minerals Limited announced the cessation of 321,916 performance rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This cessation may impact the company’s capital structure but does not indicate any immediate operational or strategic shifts.

Solstice Minerals Limited Announces Quotation of New Securities
Dec 5, 2025

Solstice Minerals Limited has announced the quotation of 223,027 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of December 5, 2025. This move is part of the company’s strategic efforts to enhance its capital structure and potentially improve its market position, reflecting its ongoing commitment to growth and expansion in the mineral resources sector.

Solstice Minerals Updates Director’s Interest Notice
Nov 26, 2025

Solstice Minerals Limited has announced a change in the director’s interest notice concerning David Nicholas Castleden. The update reveals that Mr. Castleden, through various trusts and entities, has acquired 425,101 Performance Rights under the Employee Securities Incentive Plan, which was approved by shareholders. This change reflects the company’s ongoing efforts to align director interests with shareholder value and incentivize leadership, potentially impacting the company’s governance and strategic direction.

Solstice Minerals Issues New Equity Securities for Employee Incentive
Nov 21, 2025

Solstice Minerals Limited announced the issuance of new unquoted equity securities, including performance rights and options, as part of an employee incentive scheme. This move is likely aimed at enhancing employee engagement and aligning their interests with the company’s long-term goals, potentially impacting the company’s operational strategies and stakeholder relations positively.

Solstice Minerals Limited Successfully Concludes Annual General Meeting
Nov 10, 2025

Solstice Minerals Limited, a company listed on the Australian Securities Exchange, held its Annual General Meeting on November 10, 2025. During the meeting, all resolutions proposed to the shareholders were approved through a poll. The resolutions included the adoption of the remuneration report, election of a director, ratification of shares issued, and approval of performance rights and options to directors. This successful AGM reflects positively on Solstice Minerals’ governance and shareholder relations, potentially strengthening its position in the market.

Solstice Minerals Limited Reports Significant Growth and Strategic Acquisitions
Nov 10, 2025

Solstice Minerals Limited announced significant growth through systematic exploration and business development, focusing on gold and copper due to their increasing market value. The company’s acquisition of the Nanadie Copper Gold Project and successful exploration at the Yarri Project area demonstrate its capacity to enhance shareholder value and expand its mineral resource estimates. With a strong cash position, Solstice is well-positioned to advance existing projects and explore new opportunities.

Solstice Minerals Limited Announces New Securities Issuance
Nov 5, 2025

Solstice Minerals Limited has announced the issuance of 5,000 fully paid ordinary securities, which will be quoted on the ASX. This move indicates the company’s ongoing efforts to enhance its financial standing and operational capacity, potentially impacting its market positioning and stakeholder interests positively.

Solstice Minerals Expands Market Presence with New Securities Issuance
Oct 14, 2025

Solstice Minerals Limited announced the issuance of 26,270 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code SLS. This move is part of the company’s strategy to enhance its capital structure and potentially improve its market position, providing stakeholders with increased liquidity and investment opportunities.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 30, 2025