Paasa Logo
Solaris Resources Inc logo
SLSTSXMarket closedOpens 9:30am ET

Solaris Resources Inc

CA$9.83Last updated
-CA$0.15 (1.50%)Past day
Timezone

Solaris Resources Inc (TSX: SLS) is trading at CA$9.83, about ₹665 at today's CAD/INR rate, as of 30 Sep 2026, 4:00 PM ET, down 1.50% today. Indian residents can buy Solaris Resources from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:CA$10.02
Previous close:CA$9.98
Volume:194.16K

Today's low

CA$9.80

Today's high

CA$10.42

52 week low

CA$7.29

52 week high

CA$15.71

SLS opened at CA$10.02, closed previously at CA$9.98, and has traded between CA$7.29 and CA$15.71 over the past 52 weeks.

About

Solaris Resources Inc. engages in the acquisition, exploration, and development of mineral properties. It focuses on exploring copper, molybdenum, gold, lead, zinc, and silver. It owns interests in Warintza project located in southeastern Ecuador in the province of Morona Santiago, Canton Limon Indanza; and the Tamarugo project located in northern Chile. The company also holds interests in the La Verde project located in the Sierra Madre del Sur west of Mexico City in Michoacán State, Mexico; and the Capricho and Paco Orco projects in Peru. In addition, it has an option agreement to acquire up to a 100% interest in 10 new explorations concessions; and has an option to acquire up to a 100% interest in a new portfolio of exploration areas (“Solaris 2”) located immediately adjacent to the Warintza Project in southeastern Ecuador. The company was formerly known as Solaris Copper Inc. and changed its name to Solaris Resources Inc. in December 2019. Solaris Resources Inc. was incorporated in 2018 and is headquartered in Baar, Switzerland.

Country
CH
CEO
Matthew Rowlinson
Exchange listed on
TSX
Industry
Other Precious Metals
Base currency
CAD
Full Time Employees
84
Sector
Basic Materials
IPO date
13/07/2020

Key statistics

Avg. volume

329.57K

Market cap

CA$1.64B

P/E Ratio

-38.40

Price-to-sales ratio

0.00

Enterprise value

$1.30B

Free cash flow yield

3.54%

Debt-to-equity ratio

-0.01

Return on equity

75.74%

ROIC

-99.07%

Beta

2.24

Dividend yield

0.00%

Last dividend

CA$0.00

Financial overview

Revenue

$0.00

Earnings per share

-$0.26

Free cash flow

$46.79M

Net profit margin

0.00%

Gross margin

0.00%

EBITDA

-$48.02M

Revenue growth

0.00%

Similar securities

This is not an investment recommendation

How to buy Solaris Resources from India

Indian residents can buy Solaris Resources shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to CAD.

  3. Search for Solaris Resources and place an order

    Find Solaris Resources by name or by its ticker, SLS, and choose an order type. Solaris Resources trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Solaris Resources position in CAD and INR. Solaris Resources pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.

Read the full guide: how to invest in Solaris Resources from India

Trading and taxes when buying Solaris Resources from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
NoneSolaris Resources does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained

Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

FAQs

Can Indian residents buy Solaris Resources stock?

Yes. Solaris Resources (SLS) has been listed on the Toronto Stock Exchange since 2020, in the Other Precious Metals industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

How much does one Solaris Resources share cost in rupees?

One Solaris Resources share is CA$9.83 — about ₹665 at a CAD/INR rate of 67.61 on 30 Sep 2026. Both the Solaris Resources price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Solaris Resources from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

How are gains on Solaris Resources shares taxed in India?

Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Solaris Resources price. Paasa issues a capital-gains statement for your return.

Does Solaris Resources pay a dividend?

No. Solaris Resources does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.

When can I trade Solaris Resources from India?

The Toronto Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when Canada is on standard time. Orders can only execute during that window.

Is Solaris Resources a Canada company, and does that change how it is taxed?

Solaris Resources trades on the Toronto Stock Exchange in CAD, but the company is domiciled in Switzerland. Solaris Resources trades as an ordinary share listed directly in Canada, not a depositary receipt. Your India-side capital-gains treatment is the same either way.

Do I have to declare Solaris Resources shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Solaris Resources holding, its cost and its closing value.

How do I sell Solaris Resources and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.

Does the rupee rate affect what I make on Solaris Resources?

Yes. Solaris Resources is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.