tiprankstipranks
Trending News
More News >
Solstice Minerals Limited (AU:SLS)
ASX:SLS
Australian Market

Solstice Minerals Limited (SLS) AI Stock Analysis

Compare
6 Followers

Top Page

AU:SLS

Solstice Minerals Limited

(Sydney:SLS)

Select Model
Select Model
Select Model
Neutral 50 (OpenAI - 5.2)
Rating:50Neutral
Price Target:
AU$0.76
▲(85.37% Upside)
The score is held down primarily by weak financial performance (zero revenue in FY2025, return to losses, and persistent cash burn), with valuation also constrained by negative earnings. Technicals provide the main offset, as the stock shows strong momentum versus moving averages and a positive MACD, though the extremely overbought RSI elevates near-term reversal risk.
Positive Factors
Low financial leverage
Very low debt levels materially reduce refinancing and interest burden risk for an exploration company. This durable capital structure strength provides flexibility to fund exploration or weather commodity cycles without near-term solvency pressure, supporting strategic optionality.
Improved capital structure versus prior years
Restoration from prior negative equity to a healthier equity position signals management success rebuilding balance sheet resilience. A sustained positive equity base improves access to capital, lowers refinancing risk and reduces likelihood of forced asset sales or extreme dilution.
Demonstrated ability to post accounting profit (FY2024)
Recording a meaningful profit in FY2024 indicates the business can generate positive operating outcomes under certain conditions. If management can replicate the drivers of that profit through stable revenue or cost control, the company has a pathway to sustainable earnings when exploration transitions to monetization.
Negative Factors
Revenue collapsed to zero in FY2025
A complete revenue collapse is a structural red flag: without recurring sales the company lacks operating cash inflows needed to fund exploration or development. This undermines long-term margin sustainability and increases dependence on external financing to maintain operations.
Persistent negative operating cash flow
Sustained negative operating cash flow and deeply negative free cash flow create a lasting need for external funding. Over months to years this pressures liquidity, risks dilution from equity raises, and constrains the company's ability to fund exploration programs or advance projects to production.
Volatile earnings and return to net loss
Wide swings between profit and loss reduce predictability for capital allocation and project financing. Persistent earnings volatility weakens credibility with lenders and partners, raises execution risk on multi-year mining projects, and complicates long-term planning and investment decisions.

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
Financial performance is weak overall: revenue was highly volatile and fell to zero in FY2025, the company swung back to a sizable net loss (about -$3.1m), and operating/free cash flow remained deeply negative (FY2025 OCF about -$3.6m; FCF about -$4.6m). The balance sheet is a partial offset with very low leverage in FY2024–FY2025, though historical periods of negative equity highlight past instability.
Income Statement
18
Very Negative
Earnings quality and consistency are weak. Revenue is highly volatile, falling to zero in FY2025 after a meaningful revenue year in FY2024, and the company returned to a sizable net loss (about -$3.1m) in FY2025 after posting a profit in FY2024 (about $4.6m). Margins are not dependable due to recurring periods with no revenue and negative gross profit, indicating limited operating leverage and an uneven business cadence.
Balance Sheet
63
Positive
The balance sheet is a relative strength. Recent years show very low leverage (debt-to-equity roughly ~0.2% in FY2025 and ~0.5% in FY2024) with equity remaining substantial versus assets. A key risk is historical instability—equity was negative in FY2020–FY2021—highlighting that capital structure has improved materially but has not been consistently strong across the full period.
Cash Flow
22
Negative
Cash generation is weak and deteriorated in the latest year. Operating cash flow is negative in FY2022–FY2025 and worsened in FY2025 (about -$3.6m), with free cash flow also deeply negative (about -$4.6m). Cash outflows are occurring despite the FY2024 accounting profit, suggesting profits have not translated into cash and the business likely relies on external funding to sustain operations and investment.
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-501.40K890.00
Operating Cash Flow-3.63K-3.63M-2.34M-5.82M-483.80K890.00
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
0.39
Positive
100DMA
0.36
Positive
200DMA
0.30
Positive
Market Momentum
MACD
0.08
Negative
RSI
92.97
Negative
STOCH
75.53
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 below the 20-day moving average (MA) of 0.48, above the 50-day MA of 0.39, and above the 200-day MA of 0.30, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 92.97 is Negative, neither overbought nor oversold. The STOCH value of 75.53 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$51.98M-25.00-14.96%-100.00%-166.09%
47
Neutral
AU$5.98M-4.58-38.30%61.60%
45
Neutral
AU$23.58M-51.61
44
Neutral
AU$7.59M-12.07-38.56%21.62%
43
Neutral
AU$8.78M-0.63-78.12%-349.06%
38
Underperform
AU$8.27M-5.00-26.98%4.35%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SLS
Solstice Minerals Limited
0.96
0.79
496.87%
AU:OKJ
Oakajee Corporation Ltd
0.07
0.06
600.00%
AU:KLR
Kaili Resources Limited
0.16
0.11
287.50%
AU:SLZ
Sultan Resources Ltd.
0.02
<0.01
50.00%
AU:AIV
ActivEX Limited
0.02
0.01
100.00%
AU:PRL
Province Resources Ltd
0.01
-0.03
-73.17%

Solstice Minerals Limited Corporate Events

Solstice Minerals Hits Wide High-Grade Copper-Gold at Nanadie, Signals Major Resource Growth Potential
Feb 2, 2026

Solstice Minerals has reported outstanding initial assay results from the first five reverse circulation holes of a 23-hole Phase 1 drilling program at its Nanadie Copper-Gold Project in Western Australia, including wide, high-grade copper-gold intercepts such as 62m at 1.55% Cu and 0.66g/t Au and 97m at 0.73% Cu and 0.30g/t Au, many ending in mineralisation. The new drilling extends higher-grade mineralisation well beyond the current mineral resource model and confirms that the system is open at depth, along strike and laterally, outlining a large, broadly mineralised mafic intrusive package favourable for future bulk-tonnage mining studies; with $13.4m in cash, Solstice is well funded to accelerate Phase 2 drilling aimed at materially expanding the existing resource and enhancing the project’s potential as a significant copper growth asset in a tightening global supply environment.

The most recent analyst rating on (AU:SLS) stock is a Hold with a A$0.46 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 288,316 Shares
Jan 29, 2026

Solstice Minerals Limited has applied to the ASX for quotation of 288,316 new ordinary fully paid shares, to be listed under its existing ticker SLS. The additional securities, issued on 29 January 2026 following the exercise or conversion of existing options or other convertible securities, will modestly increase the company’s quoted share capital and may enhance liquidity for shareholders without indicating a broader capital raising at this stage.

The most recent analyst rating on (AU:SLS) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on Solstice Minerals Limited stock, see the AU:SLS Stock Forecast page.

Solstice Minerals Halts Trading Ahead of Nanadie Copper-Gold Drilling Results
Jan 29, 2026

Solstice Minerals Limited has requested and been granted a trading halt on its securities by the ASX as it prepares to release drilling results from its Nanadie Copper-Gold Project. The halt will remain in place until either the company publishes the pending announcement or normal trading resumes on 3 February 2026, signaling that potentially material exploration outcomes are imminent and may influence investor sentiment and the company’s valuation once disclosed.

The most recent analyst rating on (AU:SLS) stock is a Hold with a A$0.44 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
Jan 23, 2026

Solstice Minerals Limited has lodged an application with the ASX for quotation of 10,362 new fully paid ordinary shares, to be issued on 23 January 2026. The modest increase in quoted securities reflects the conversion or exercise of existing options or other convertible instruments, resulting in a small expansion of the company’s issued capital base and incremental dilution for existing shareholders, but no broader operational or strategic changes are indicated in the filing.

The most recent analyst rating on (AU:SLS) stock is a Hold with a A$0.46 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 New Ordinary Shares
Jan 19, 2026

Solstice Minerals Limited has applied to the Australian Securities Exchange for quotation of 189,843 new fully paid ordinary shares under its ASX code SLS, following the exercise or conversion of existing options or other convertible securities. The small-scale share issuance, effective 16 January 2026, modestly increases the company’s quoted capital base and reflects the take-up of equity-linked instruments by holders, which may slightly enhance liquidity in the stock and signals ongoing shareholder engagement with Solstice’s capital structure.

The most recent analyst rating on (AU:SLS) stock is a Hold with a A$0.43 price target. To see the full list of analyst forecasts on Solstice Minerals Limited stock, see the AU:SLS Stock Forecast page.

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.

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: Feb 04, 2026