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Solis Minerals acquires 93,000 ha lithium ground in Minas Gerais from Rio Tinto
Solis Minerals agreed to buy a 93,000-hectare lithium exploration package in Minas Gerais from Rio Tinto for US$500,000 plus a 1.75% net smelter return royalty. The tenure lies in the Araçuaí–Salinas Lithium Valley adjacent to PLS Group ground, with Mandacaru and Campo Grande flagged as drill-ready after Rio Tinto’s historical sampling and mapping. Solis is funded for an initial ~2,000m scout diamond drilling program and will undertake mapping, geochemistry and geophysics over the next six months; a collaboration gives PLS participation rights on any future transaction. » More on smallcaps.com.au
Financials
| (EUR) | December 2025 | YoY |
|---|---|---|
| Revenue | 0 | - |
| Gross profit | -927.1K | - |
| Net profit | -590.57K | - |
| EBITDA | -1.02M | - |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €248.02K |
Number of shares | 154.4M |
52-week high/low | €0.11 - €0.00116 |
| Dividends | No |
Beta | 7.20 |
P/E ratio | -0.93 |
PEG ratio | -0.02 |
P/B ratio | 0.49 |
P/S ratio | 0.00 |
Company profile
Solis Minerals Ltd. acquires, explores for, and develops mineral properties. The company primarily explores for copper and other metals, such as gold, silver, iron, and molybdenum deposits. Its flagship properties include the Ilo Norte and Ilo Este copper properties that covers an area of approximately 9,500 hectares located in 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.
| Name | Solis Minerals Aktie |
| CEO | Mitchell Thomas |
| Headquarters | West Leederville,
wa Canada |
| Website | |
| IPO | 04/03/2013 |
| Employees | 10 |
Ticker symbols
| Exchange | Symbol |
|---|---|
Tsxv | SLMN.V |
Pnk | SLMFF |
Frankfurt | 08W.F |
München | 08W.MU |
