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Solis Minerals Ltd Registered Shs (SLM) AI Stock Analysis

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AU:SLM

Solis Minerals Ltd Registered Shs

(ASX:SLM)

Select Model
Rating:43Neutral
Price Target:AUD 0.04â–²(4.88% Upside)
Action:upgraded
Date:11/12/26

The overall score of 43 reflects a high-risk, pre-revenue exploration company. The primary strength is a pristine balance sheet with minimal debt, which provides a financial cushion. However, this is heavily offset by the significant risk of negative cash flows and a high cash burn rate that threatens future liquidity. Technical trends are bearish, and the lack of earnings or dividends offers no valuation support.

Positive Factors
Low leverageA largely equity-funded balance sheet reduces creditor pressure and interest obligations, giving Solis greater flexibility to direct available capital toward exploration. This financial structure can support project advancement without the immediate constraints associated with substantial debt repayments.
Negative Factors
Pre-revenue businessWithout an operating revenue base, Solis has not yet demonstrated that its exploration portfolio can generate recurring commercial income. This leaves financial progress dependent on project success, monetization transactions, or future development rather than established sales.

Solis Minerals Ltd Registered Shs (SLM) vs. iShares MSCI Australia ETF (EWA)

-50%0%50%100%150%200%AU:SLM-14.58%EWA+17.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
AUD 5.36M
Dividend Yield
―
Average Volume (3M)
2.12M
Price to Earnings (P/E)
-1.1
Beta (1Y)
0.66
Revenue Growth
―
EPS Growth
―
Country
Australia
Employees
12
Sector
―
Sector Strength
―
Industry
Copper

Solis Minerals Ltd Registered Shs Business Overview & Revenue Model

Company Description

Solis Minerals Ltd. is engaged in the acquisition, exploration, and development of mineral deposits. The company primarily targets copper but also seeks out other metals, including gold, silver, iron, and molybdenum. Key among its holdings are the Il...

How the Company Makes Money

As an exploration-stage company, Solis Minerals Ltd generally does not generate recurring operating revenue from selling minerals unless it has producing assets (not confirmed here). Its economic model is typically to create value by acquiring prospe...

Solis Minerals Ltd Registered Shs Financial Statement Overview

Summary

Financial performance is mixed. The balance sheet is a strength with negligible debt and a solid equity base (Score 70). However, the income statement shows no revenue and ongoing losses (Score 35), and cash flow is deeply negative with a high burn rate (Score 25). The weighted average of these three statements, prioritizing the cash flow risk, results in a low overall financial score.

Income Statement

35Negative

Balance Sheet

70Positive

Cash Flow

25Negative
Financial statement breakdown
BreakdownTTMDec 2025May 2025May 2024May 2023May 2022
Income Statement
Total Revenue000000
Gross Profit-1.50M-1.49M-16.36K-25.59K-1,534-1,941
EBITDA-1.23M-2.49M-4.26M-4.13M-1.46M-3.85M
Net Income-4.23M-345.52K-5.25M-11.97M-1.46M-3.12M
Balance Sheet
Total Assets14.70M14.70M10.67M11.63M5.22M7.10M
Cash, Cash Equivalents and Short-Term Investments3.89M3.89M3.32M3.92M113.04K3.57M
Total Debt7,3637,36312.64K24.82K00
Total Liabilities1.00M1.00M2.43M447.08K553.02K976.16K
Stockholders Equity13.69M13.69M8.24M11.18M4.66M6.13M
Cash Flow
Free Cash Flow-7.10M-7.88M-4.37M-6,471-2.69M-3.69M
Operating Cash Flow-2.88M-2.64M-2.11M-2,662-1.53M-1.99M
Investing Cash Flow-4.22M-5.25M-2.27M-3,712-1.92M-1.66M
Financing Cash Flow12.47M8.66M3.79M10.18K04.68M

Solis Minerals Ltd Registered Shs Technical Analysis

Technical Analysis SentimentNeutral
Last Price0.04

Price Trends

50DMA0.05Negative
100DMA0.07Negative
200DMA0.07Negative

Market Momentum

MACD-0.00Negative
RSI44.85Neutral
STOCH53.01Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SLM, the sentiment is Neutral. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.05, and below the 200-day MA of 0.07, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 44.85 is Neutral, neither overbought nor oversold. The STOCH value of 53.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:SLM.

Solis Minerals Ltd Registered Shs Peers Comparison

Overall Rating

UnderperformOutperform

Financial Indicators

AU:SLM against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
AU:NFMAU:NFM45NeutralAUD 7.82M-4.42-14.04%――37.50%
AU:TNCAU:TNC45NeutralAUD 43.27M-19.09-1.15%―-100.00%99.56%
AU:NRXAU:NRX43NeutralAUD 6.66M5.2949.80%―――
AU:RRRAU:RRR43NeutralAUD 17.88M-6.79-9.06%―72.05%-271.43%
AU:SLMAU:SLM43NeutralAUD 13.63M-1.07-34.28%―――
AU:CPOAU:CPO37UnderperformAUD 8.77M-2.29-18.91%――45.90%

* Sector Sector Average

Performance Comparison

-50%0%50%100%150%AU:SLMAU:NFMAU:CPOAU:RRRAU:TNCAU:NRXDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
AU:SLM and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:SLMSolis Minerals Ltd Registered Shs0.04-0.01-16.33%
AU:NFMCastillo Copper Ltd.0.01-0.02-62.96%
AU:CPOCulpeo Minerals Limited0.01-0.00-15.38%
AU:RRRRevolver Resources Holdings Ltd0.05-0.02-29.33%
AU:TNCTrue North Copper Limited0.21-0.15-41.67%
AU:NRXNoronex Ltd.0.01-0.00-33.33%

Solis Minerals Ltd Registered Shs Corporate Events

Solis Minerals Commences Drilling at Peru Copper Project

Nov 2, 2026

Solis Minerals is a mineral exploration company focused on copper, lithium and other critical minerals in South America. The company has commenced diamond drilling at its Cucho Copper Project in Peru, where it holds the right to acquire up to 100% of...

Solis Minerals Advances Lithium and Copper Drilling in Brazil and Peru

Oct 28, 2026

Solis Minerals reported solid progress in the September quarter, advancing drilling across its lithium assets in Brazil and copper projects in Peru. The company ended the period with a cash balance of A$4.0 million and strengthened its corporate team...

Solis Minerals Issues 8 Million Unquoted Performance Rights Under Incentive Scheme

Oct 23, 2026

Solis Minerals Limited has notified the market of the issue of 8,000,000 unquoted performance rights under its employee incentive scheme. The new securities, which are not intended to be quoted on the ASX, were issued on October 23, 2026, indicating...

Solis Minerals Updates Capital Structure as 600,000 Options Lapse

Oct 23, 2026

Solis Minerals Ltd has notified the market of the cessation of 600,000 options, identified as SLMAM and set to expire on August 11, 2026, which have lapsed without being exercised or converted. The announcement, dated October 23, 2026, reflects an ad...

Solis Minerals Updates Director Christopher Gale’s Equity Holdings

Oct 14, 2026

Solis Minerals Limited has reported a change in the interests of director Christopher Gale, detailing adjustments to his direct and indirect holdings in company securities. The notice shows that Gale’s interests are held personally, through Allegra C...

Solis Minerals Issues New Fully Paid Ordinary Shares Under Corporations Act Notice

Oct 14, 2026

Solis Minerals Ltd has issued 526,316 fully paid ordinary shares, all part of an existing class quoted on the ASX, as disclosed in a notice dated 14 October 2026. The company states the shares were issued without a disclosure document under the Corpo...

Solis Minerals Issues 6.8 Million Unquoted Performance Rights Under Incentive Plan

Oct 14, 2026

Solis Minerals Ltd has notified the market of the issue of 6,800,000 unquoted performance rights under its employee incentive scheme. The securities, designated as SLMAL performance rights, were issued on October 14, 2026, and are not intended to be...

Solis Minerals Issues 5 Million Unquoted Options Expiring in 2029

Oct 14, 2026

Solis Minerals Limited has notified the market of the issue of 5,000,000 unquoted options, exercisable at $0.1425 and expiring on October 14, 2029. The options form part of previously announced transactions and are not intended to be quoted on the AS...

Solis Minerals Seeks ASX Quotation for New Share Issue

Oct 14, 2026

Solis Minerals Ltd is an ASX-listed resources company operating in the minerals sector, trading under the ticker SLM. The company issues ordinary fully paid shares to support its capital structure and facilitate trading liquidity on the Australian Se...

Solis Minerals Starts Drilling at Campo Grande Lithium Project in Brazil

Sep 24, 2026

Solis Minerals has commenced a five-hole, 1,000-metre diamond drilling program at its 100%-owned Campo Grande Lithium Project in Brazil’s Araçuaí Lithium Valley. The campaign targets a 500-metre corridor of prospective lithium-caesium-tantalum pegmat...

Solis Minerals Shareholders Back All Resolutions at General Meeting

Sep 17, 2026

Solis Minerals Ltd has reported that all resolutions put to shareholders at its General Meeting in Perth on 17 September 2026 were passed by poll. The approved items included ratification of prior share placements, the issue of placement shares to a...

Solis Minerals Publishes 2026 Half-Year Report

Sep 9, 2026

Solis Minerals Ltd has released its half-year report for the period ended 30 June 2026, outlining its operational review, directors’ report, and a full suite of condensed consolidated financial statements. The report package also includes declaration...

Solis Minerals Flags Late Director Interest Notice, Affirms Compliance

Aug 24, 2026

Solis Minerals Ltd has lodged a late Appendix 3Y notice reflecting changes to Non-Executive Chairman Christopher Gale’s interests following the expiry of unlisted options in October 2025 and June 2026. The company attributes the delay to an administr...

Solis Minerals Reports Lapse of 2.4 Million Performance Rights

Aug 24, 2026

Solis Minerals Limited has updated the market on changes to its capital structure following the lapse of 2.4 million performance rights. The rights, trading under ASX code SLMAL, ceased on 21 August 2026 after the conditions attached to these securit...

Solis Minerals Sets September General Meeting, Pushes Digital Access and Proxy Voting

Aug 14, 2026

Solis Minerals Ltd has called a General Meeting of shareholders for 11:00 a.m. AWST on 17 September 2026 at its offices in West Leederville, Western Australia, and will provide access to the meeting notice online rather than mailing physical copies e...

Solis Minerals Calls General Meeting to Ratify Placements and Approve New Equity Incentives

Aug 14, 2026

Solis Minerals Ltd has called a general meeting for 17 September 2026 in West Leederville, Western Australia, setting a record date of 15 September 2026 for shareholder voting eligibility. The agenda underscores how recent and proposed equity issuanc...

Solis Minerals Advances Mandacaru Lithium Drilling and Sets August Start at Cinto Copper

Aug 13, 2026

Solis Minerals reports steady progress at its Mandacaru Lithium Project in Brazil, where three diamond drill holes have been completed to planned depths of about 200 metres and a fourth hole, PDH-08, is underway. The drilling is systematically testin...

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: Nov 12, 2026