SOLSTICE MINERALS LIMITED (SLS)
Share Price Analysis and Chart

24/08/2026

1

Buy

$2.55

40.88%

Canaccord Genuity maintains its Speculative Buy rating and $2.55 price target for Solstice Minerals following further encouraging drilling results from the Nanadie copper-gold project in Western Australia.

Diamond and reverse circulation drilling continue to extend mineralisation beyond the current 40.4Mt resource, reinforcing the emergence of a large-scale copper-gold system with multiple avenues for growth along strike, down plunge, and at depth.

Standout results include diamond tail hole NANRCD018, which returned a combined intercept of 148m at 0.77% copper and 0.20g/t gold from 201m, outlining a coherent higher-grade position along the eastern margin of the host gabbro.

Upcoming near-term catalysts include assays from 12 diamond tails and 18 reverse circulation holes, alongside the pending deep test result from hole NANRCD005.

The analyst values the company assuming 140Mt can be defined at the deposit over time, applying a median enterprise value to resource multiple from peers while factoring in the strategic Tier 1 Western Australian mining lease location.