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Solstice Minerals Limited
(Sydney:SLS)
Solstice Minerals Limited (SLS) vs. iShares MSCI Australia ETF (EWA)
Solstice Minerals Limited Business Overview & Revenue Model
Solstice Minerals Limited Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 7.84M | 8.26M | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| 7.84M | 8.26M | -165.09K | -18.74K | 0.00 | 0.00 | EBIT |
| ― | -4.26M | -7.24M | -3.53M | -890.09K | -165.96K | EBITDA |
| ― | -4.18M | -7.14M | -3.52M | 0.00 | 0.00 | Net Income Common Stockholders |
| ― | 4.61M | -6.91M | -3.74M | -890.09K | -165.96K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 15.18M | 17.55M | 9.97M | 15.92M | 1.00 | 1.00 | Total Assets |
| 19.55M | 21.90M | 16.39M | 22.21M | 2.93M | 908.15K | Total Debt |
| 70.80K | 104.02K | 184.01K | 49.79K | 4.05M | 1.14M | Net Debt |
| -15.11M | -17.45M | -9.79M | -15.87M | 4.05M | 1.14M | Total Liabilities |
| 283.38K | 1.30M | 739.67K | 665.55K | 4.05M | 1.14M | Stockholders Equity |
| 19.27M | 20.60M | 15.65M | 21.54M | -1.12M | -234.86K |
| Cash Flow | Free Cash Flow | ||||
| ― | -2.49M | -5.94M | -501.40K | ― | ― | Operating Cash Flow |
| ― | -2.34M | -5.82M | -483.80K | ― | ― | Investing Cash Flow |
| ― | 10.00M | -121.42K | -17.60K | 0.00 | 0.00 | Financing Cash Flow |
| ― | -79.99K | -6.74K | 16.42M | 0.00 | 0.00 |
Solstice Minerals Limited Technical Analysis
Solstice Minerals Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | $18.30B | 26.47 | 16.97% | 1.52% | 60.56% | 302.20% | |
80 Outperform | $3.40B | 9.60 | 26.42% | 2.05% | 54.37% | 310.22% | |
78 Outperform | $32.17B | 27.28 | 11.01% | 2.07% | 25.11% | 28.88% | |
76 Outperform | AU$3.74B | 26.10 | 13.42% | 0.77% | 11.93% | 22.74% | |
58 Neutral | 5.75 | 27.42% | ― | ― | ― | ||
51 Neutral | $2.03B | -1.27 | -21.09% | 3.98% | 2.91% | -30.50% |
Solstice Minerals Limited Corporate Events
Solstice Minerals Limited has commenced a major Reverse Circulation (RC) drilling campaign at its Yarri Gold Project in Western Australia, targeting the Statesman Well and Bluetooth Gold Prospects. The campaign aims to explore and build on historical gold mineralization data, with approximately 3,000 meters of drilling planned across both sites. The company’s robust cash position supports its exploration activities, potentially enhancing its market positioning and offering strong leverage to gold exploration success.
Solstice Minerals Limited has reported significant progress in its exploration activities for the first quarter of 2025. The company completed the acquisition of the Nanadie Copper-Gold Project, which includes a substantial inferred mineral resource. Additionally, Solstice is advancing its Yarri Gold Project, with promising results from the Bluetooth and Edjudina Range prospects. The company maintains a strong financial position with $13.6 million in cash, supporting ongoing exploration and project development efforts.
Solstice Minerals Limited has announced a change in the director’s interest notice for David Nicholas Castleden. The change involves the exercise of vested performance rights, resulting in the acquisition of 160,958 fully paid ordinary shares and a reduction in performance rights held by Mr. Castleden. This adjustment reflects a strategic move in the company’s executive shareholding structure, potentially impacting stakeholder perceptions and the company’s market positioning.
Solstice Minerals Limited has announced the quotation of 474,949 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of April 23, 2025. This move reflects the company’s ongoing efforts to enhance its financial standing and market presence, potentially impacting its operational capabilities and stakeholder interests positively.
Solstice Minerals Limited has released an investor presentation highlighting their financial readiness and strategic focus on gold and copper exploration. The announcement underscores the company’s commitment to enhancing its market position by leveraging its financial resources to pursue valuable mineral assets, potentially impacting stakeholders positively by positioning Solstice as a competitive player in the mining sector.
Solstice Minerals Limited has announced significant progress at its Nanadie Copper-Gold Project in Western Australia. The company is conducting a comprehensive geological review and re-logging of historical drilling, which has identified opportunities to expand the mineralized system. The project is supported by an existing inferred mineral resource estimate and presents potential for increased resource size and grade through targeted drilling. The company aims to prepare high-impact exploration targets by early H2 2025, positioning itself strategically in the market with quality assets and a favorable long-term outlook for copper demand.
Solstice Minerals Limited has commenced infill and step-out aircore drilling at the Edjudina Range Gold Prospect, part of the Yarri Gold Project in Western Australia. This initiative follows promising early drill results indicating significant gold mineralization. The prospect is strategically positioned near other advanced gold prospects, and the company is optimistic about the potential for substantial mineralization in this unexplored area. The ongoing exploration is expected to provide further insights into the mineralized surface, with results anticipated in April, potentially impacting the company’s operations and positioning in the gold exploration industry.
Solstice Minerals Limited announced the vesting of Performance Rights under its Employee Securities Incentive Plan, following the achievement of a significant drill intercept in one of its projects. This vesting allows holders to convert these rights into ordinary shares, potentially impacting the company’s stock and stakeholder interests.
Solstice Minerals Limited has announced promising results from its recent one-meter resampling of gold intervals at the Bluetooth Gold Prospect, reinforcing the potential of this advanced gold target. The resampling has confirmed and, in some cases, upgraded previous results, indicating significant shallow gold mineralization over an 800-meter strike. The company is preparing for the next phase of reverse circulation drilling at Bluetooth, scheduled for Q2 2025, alongside a new drilling program at the Statesman Well Gold Prospect. These activities are part of Solstice’s broader strategy to enhance its resource base in the infrastructure-rich Yarri Project area, potentially impacting its operational capabilities and market positioning.
Solstice Minerals Limited announced an extension of the New Edjudina Range Gold Prospect, highlighting new exploration results. The announcement was initially released without the required competent person statement, which has now been rectified. This development could potentially enhance the company’s exploration capabilities and strengthen its position in the gold mining sector.
Solstice Minerals Limited has announced the successful extension of the Edjudina Range Gold Prospect in Western Australia through recent aircore drilling. The drilling has confirmed significant gold mineralization, with results showing promising grades and potential for further exploration. This development positions Solstice Minerals to capitalize on the unexplored soil-covered magnetic contact, enhancing its prospects for significant mineralization and potential gold discoveries, which could have positive implications for stakeholders.
Solstice Minerals Limited has released its interim financial report for the half-year ended December 31, 2024. The report provides detailed financial statements, including profit or loss, financial position, changes in equity, and cash flows. This release offers stakeholders insights into the company’s financial health and operational performance over the period, which could influence investor decisions and market perceptions.
Solstice Minerals Limited has issued 3,000,000 fully paid ordinary shares to Cyprium Metals Limited as part of the acquisition of the Nanadie Copper-Gold Project. The shares are subject to voluntary escrow periods, with half available for trading in September 2025 and the remainder in March 2026, facilitating immediate trading under section 708A(5) of the Corporations Act.
Solstice Minerals Limited has completed the acquisition of the Nanadie Copper-Gold Project in Western Australia, which includes a JORC-compliant Inferred Mineral Resource Estimate of 40.4 million tonnes containing copper and gold. This acquisition positions Solstice strategically in a stable mining jurisdiction with strong long-term demand prospects for copper. The company plans to enhance the project’s value through targeted exploration to increase mineral resource estimates and identify high-grade zones, potentially boosting stakeholder confidence and expanding its asset base.
Solstice Minerals Limited has announced its financial status as ‘cashed up’ and is actively pursuing opportunities to explore and extract gold and copper. This announcement signifies the company’s strategic move to capitalize on its financial position, potentially enhancing its market standing in the mining sector. Stakeholders may anticipate further developments in Solstice’s exploration activities as it seeks to leverage its resources for future growth.
Solstice Minerals Limited announced the completion of aircore drilling at the Edjudina Range as part of their 2025 gold exploration at the Yarri Gold Project. The drill program has identified promising gold mineralization, with step-out drilling extending the greenfield target. The Edjudina Range prospect, untested below shallow cover for several kilometers, is positioned similarly to other advanced gold prospects and could potentially yield a commercial-scale discovery.
Solstice Minerals Limited has announced that its Managing Director, Nick Castleden, will host a live investor webinar to discuss the strategic acquisition of the Nanadie Copper-Gold Project from Cyprium Metals Limited. This acquisition is expected to enhance Solstice’s portfolio and strengthen its position in the Western Australian mining sector.
Cyprium Metals Limited has entered a binding agreement to sell its Meekatharra Project to Solstice Minerals Limited. The divestment will see Cyprium receive $1 million and 3 million Solstice shares, with potential for additional shares if a significant mineral resource is announced. This strategic move is part of Cyprium’s ongoing portfolio review and could impact its industry positioning by allowing a sharper focus on other core projects.