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Atlas Salt Inc (TSE:SALT)
:SALT
SALT Stock Chart & Stats
C$0.69
C$0.00(0.00%)
At close: 4:00 PM EST
C$0.69
C$0.00(0.00%)
Day’s Range― - ―
52-Week RangeC$0.35 - C$1.10
Previous CloseN/A
Volume24.93K
Average Volume (3M)143.48K
Market Cap
C$105.36M
Enterprise ValueC$102.38M
Total Cash (Recent Filing)C$1.65M
Total Debt (Recent Filing)C$197.48K
Price to Earnings (P/E)―
Beta0.65
Next Earnings
Apr 29, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)<0.01
Shares Outstanding108,614,010
10 Day Avg. Volume84,412
30 Day Avg. Volume143,484
Financial Highlights & Ratios
PEG Ratio0.63
Price to Book (P/B)2.93
Price to Sales (P/S)0.00
P/FCF Ratio-13.84
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)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Conservative LeverageExtremely low leverage materially reduces near-term solvency and interest burden, giving management more runway to advance the salt project without immediate refinancing. This structural balance-sheet strength lowers bankruptcy risk and supports staged project funding options.
Tangible Asset BaseA stable asset base provides tangible backing for exploration and development. Assets can support structured financing, collateralized loans, or JV farm-outs, improving the company’s ability to fund capex and de-risk the project over the medium term as development milestones are reached.
Clear Project & End-Market FocusConcentrated focus on a rock-salt deposit aimed at industrial salt markets gives strategic clarity. If development succeeds, the asset addresses stable, non-cyclical industrial demand, creating a durable revenue pathway and clear commercialization plan versus unfocused explorers.
Bears Say
Pre-Revenue OperationsZero reported revenue means the business model has not yet validated commercial sales, leaving project economics unproven. Lack of operating revenue increases execution and timeline risk, requiring continued capital infusions before self-sustaining cash generation is possible.
Persistent Cash BurnOngoing negative operating and free cash flow creates structural funding dependence. Continued burn can force dilutive equity raises or costly debt, limiting strategic flexibility and slowing project milestones until commercial production and positive cash generation begin.
Equity Erosion & Negative ROEDeclining equity and negative returns indicate the capital base is not generating profits, signaling shareholder value erosion. Sustained negative ROE can raise cost of capital and impair investor confidence, complicating future fundraising and long-term growth execution.
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$0.35 and its highest was C$1.10 in the past 12 months.
What is Atlas Salt Inc’s market cap?
Atlas Salt Inc’s market cap is C$105.36M.
When is Atlas Salt Inc’s upcoming earnings report date?
Atlas Salt Inc’s upcoming earnings report date is Apr 29, 2026 which is in 64 days.
How were Atlas Salt Inc’s earnings last quarter?
Atlas Salt Inc released its earnings results on Nov 28, 2025. The company reported C$0.001 earnings per share for the quarter, beating the consensus estimate of N/A by C$0.001.
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 108,614,010 shares outstanding.
What happened to Atlas Salt Inc’s price movement after its last earnings report?
Atlas Salt Inc reported an EPS of C$0.001 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -7.042%.
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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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.67%
12-Months-Change
Fundamentals
Return on Equity
-13.22%
Trailing 12-Months
Asset Growth
-12.08%
Trailing 12-Months
Company Description
Atlas Salt Inc
Atlas Salt Inc., a junior mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador, Canada. The company explores for potash, salt, gypsum, and other mineral deposits. It holds 100% interest in the Great Atlantic salt project in the Bay St. George Basin of Western Newfoundland. The company also holds interests in the Ace Gypsum project located in the dormant Flat Bay gypsum mines to the southwest of the Great Atlantic salt deposit; and the Black Bay Nepheline property located in southern Labrador. As of December 31, 2021, the company had 30 mineral licenses approximately 21,725 hectares in the Bay St. George region of Western Newfoundland and in Black Bay, Labrador. The company was formerly known as Red Moon Resources Inc. and changed its name to Atlas Salt Inc. in August 2021. Atlas Salt Inc. was incorporated in 2011 and is headquartered in St. John's, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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