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SALT Stock Chart & Stats
C$1.46
C$0.03(2.10%)
At close: 4:00 PM EDT
C$1.46
C$0.03(2.10%)
Day’s Range― - ―
52-Week RangeC$0.43 - C$1.84
Previous CloseN/A
Volume257.35K
Average Volume (3M)143.48K
Market Cap
C$209.67M
Enterprise ValueC$91.74
Total Cash (Recent Filing)C$4.51M
Total Debt (Recent Filing)C$766.77K
Price to Earnings (P/E)―
Beta1.18
Next Earnings
Aug 31, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.04
Shares Outstanding124,801,430
10 Day Avg. Volume84,412
30 Day Avg. Volume143,484
Financial Highlights & Ratios
PEG Ratio4.74
Price to Book (P/B)2.60
Price to Sales (P/S)0.00
P/FCF Ratio-6.31
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.06
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Financial LeverageVery low leverage limits interest and refinancing pressure while the project remains pre-revenue. This gives Atlas Salt greater flexibility to fund permitting and development through equity or other financing without substantial existing debt obligations.
Equity-Funded Asset BaseAn asset base funded mainly by equity reduces solvency risk during the development phase. Although it does not yet generate returns, this financial structure provides a more durable foundation for advancing the salt project than a heavily debt-funded balance sheet.
Defined Industrial Salt Development FocusA clearly defined deposit and target markets provide a coherent path from exploration to potential commercial production. De-icing and industrial salt applications offer established end uses, supporting the possibility of recurring revenue if development and permitting succeed.
Bears Say
No Commercial RevenueAtlas Salt has not demonstrated commercial sales or recurring operating revenue, so its investment case remains dependent on future project execution. Until production begins and customers are secured, there is limited evidence of market validation or operating scalability.
Persistent Cash BurnSustained negative operating and free cash flow means Atlas Salt must continue funding exploration, permitting and engineering externally. This creates ongoing dilution or financing risk and could constrain development if capital markets become less receptive.
Unprofitable Development StagePersistent losses and negative returns on equity show that the company is not yet converting its assets and development work into economic returns. This weak profitability profile is likely to remain relevant until production starts and commercial margins can be established.
Atlas Salt Inc News
SALT FAQ
What was Atlas Salt Inc’s price range in the past 12 months?
Atlas Salt Inc lowest stock price was C$0.42 and its highest was C$1.84 in the past 12 months.
What is Atlas Salt Inc’s market cap?
Atlas Salt Inc’s market cap is C$209.67M.
When is Atlas Salt Inc’s upcoming earnings report date?
Atlas Salt Inc’s upcoming earnings report date is Aug 31, 2026 which is in 6 days.
How were Atlas Salt Inc’s earnings last quarter?
Currently, no data Available
Is Atlas Salt Inc overvalued?
According to Wall Street analysts Atlas Salt Inc’s price is currently Overvalued.
Does Atlas Salt Inc pay dividends?
Atlas Salt Inc does not currently pay dividends.
What is Atlas Salt Inc’s EPS estimate?
Atlas Salt Inc’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Atlas Salt Inc have?
Atlas Salt Inc has 124,801,430 shares outstanding.
What happened to Atlas Salt Inc’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Atlas Salt Inc?
Currently, no hedge funds are holding shares in TSE:SALT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Atlas Salt Inc Stock Smart Score
Neutral
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Insider Transactions
Bought Shares
Worth C$12.7K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.67%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
31.31%
Trailing 12-Months
Company Description
Atlas Salt Inc
Atlas Salt Inc. is an emerging mineral exploration firm dedicated to acquiring, evaluating, and prospecting for mineral properties across the Canadian province of Newfoundland and Labrador. The company's exploration efforts are primarily directed at uncovering deposits of potash, salt, gypsum, and various other minerals. Atlas Salt fully owns the Great Atlantic salt project, which is situated within Western Newfoundland's Bay St. George Basin. Beyond this flagship venture, the company also holds interests in the Ace Gypsum project, located at the site of the former Flat Bay gypsum mines to the southwest of the Great Atlantic salt deposit, and the Black Bay Nepheline property in southern Labrador. As of December 31, 2021, the company controlled roughly 21,725 hectares under 30 distinct mineral licenses. These landholdings are distributed throughout both the Bay St. George area of Western Newfoundland and Black Bay in Labrador. Established in 2011, the company was initially known as Red Moon Resources Inc. before rebranding as Atlas Salt Inc. in August 2021. Its corporate headquarters are located in St. John's, Canada.
Technical Analysis
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