Solis Minerals Share Price and Company Fundamentals
Last traded: Last Wednesday at 5:25 AM
Solis Minerals Ltd. acquires, explores for, and develops mineral properties in Chile and Peru. The company primarily explores for copper, gold, silver, iron, and molybdenum deposits. It holds a 100% interest in the Ilo Norte and Ilo Este copper properties covering an area of approximately 112 square kilometers located in Southern Peru; and Mostazal copper property covering an area of 16 square kilometers located in the Atacama region of Chile. The company also owns 50% interest in two mineral claims located in the La Ronge district of Saskatchewan. In addition, it holds interests in various projects located in the coastal copper belt of southern Peru. The company was formerly known as Westminster Resources Ltd. and changed its name to Solis Minerals Ltd. in July 2021. Solis Minerals Ltd. was incorporated in 2005 and is headquartered in Vancouver, Canada.
|Primary activities||Copper Exploration in Latin America|
|Industry / Sector||Copper / Basic Materials|
|Mailing address||595 Burrard Street Suite 3043 Vancouver BC V7X 1L4 Canada|
|Phone / Fax||/ 604 602 9330|
|Share registry||COMPUTERSHARE INVESTOR SERVICES PTY LIMITED|
Solis Minerals paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.SLM dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
SLM's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of Aug 2022, following are the company executives and directors listed on Solis Minerals.
|Mr. Jason Cubitt||Pres, CEO & Director||45.04k|
|Ms. Rachel Chae CPA, CGA||CFO & Corp. Sec.||10.57k|
|Mr. Anthony Greenaway B.Sc., BSc (Geology)||Head of Exploration|
Profitability and management effectiveness
Return on assets
Return on equity
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Solis Minerals is and its enterprise value is .
The SLM's stocks Beta value is 2.68 making it 168% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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Solis Minerals (ASX:SLM) Frequently Asked Questions
1. What is Solis Minerals's Stock Symbol?
Solis Minerals trades on ASX under the ticker symbol "SLM".
2. What is Solis Minerals's stock price today?
One share of SLM stock can currently be purchased for approximately $0.075.
3. How can I contact Solis Minerals?
Solis Minerals's mailing address is 595 Burrard Street Suite 3043 Vancouver BC V7X 1L4 Canada. The company can be reached via phone at .
4. What is Solis Minerals's official website?
The official website of Solis Minerals is https://www.solisminerals.com.
5. Which share registry manages Solis Minerals's stock?
Solis Minerals's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.