Solaris stock price hit an all-time low this week, as Indigenous organizations once again initiated multiple actions to reject its flagship Warintza mining project in Ecuador.
To make matters worse for the company, the intense community opposition is causing investors to lose confidence in the company's management and question its rosy projections.
During its Annual General Meeting in June, a group of organized youth from the Mankiuants community used social media to challenge Solaris' narrative that the project is vital for development and has local support. They launched a series of viral videos addressing investors directly, which received almost 200,000 views and corresponded to an immediate drop in share prices.
Despite these powerful and creative actions resisting the project, Solaris continues to propagate misleading information and downplay mounting Indigenous opposition against the Warintza mine.
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