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SALT Stock Chart & Stats
C$1.59
C$0.03(2.10%)
At close: 4:00 PM EDT
C$1.59
C$0.03(2.10%)
Day’s Range― - ―
52-Week RangeC$0.52 - C$1.84
Previous CloseN/A
Volume257.35K
Average Volume (3M)198.84K
Market Cap
C$157.30M
Enterprise ValueC$157.62M
Total Cash (Recent Filing)C$18.38M
Total Debt (Recent Filing)C$778.75K
Price to Earnings (P/E)―
Beta1.35
Next Earnings
Nov 30, 2026EPS Estimate
-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.05
Shares Outstanding124,840,430
10 Day Avg. Volume220,326
30 Day Avg. Volume198,843
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 preserves financial flexibility while Atlas Salt advances its development program. Limited debt reduces interest obligations and refinancing exposure, allowing more of the company’s capital structure to support project work rather than servicing creditors during the pre-production stage.
Substantial Equity BaseA sizable equity base provides a stronger foundation for continuing development than a highly leveraged balance sheet would. It can support engineering, permitting, and investment activities while reducing dependence on debt financing as the company works toward potential salt production.
Focused Salt Development StrategyA concentrated strategy around one defined rock salt development opportunity can help management direct capital and technical effort toward a clear commercial objective. The targeted end markets include de-icing and industrial applications, providing an identifiable long-term business model if production is achieved.
Bears Say
No Operating RevenueThe absence of operating revenue means Atlas Salt has not yet demonstrated commercial execution or recurring customer-funded cash generation. Until production begins and sales scale, the company remains dependent on project advancement and financing rather than an established operating revenue base.
Deteriorating LossesWidening losses indicate that the company is consuming capital without yet generating operating earnings. Persistent negative profitability can reduce financial flexibility over time and makes successful project development, commercial production, and eventual operating leverage central to improving shareholder economics.
Persistent Cash BurnSustained negative operating and free cash flow shows that current activities are not self-funding. Continued development therefore likely requires external capital until operations scale, creating ongoing financing needs and potential dilution or other funding constraints if cash consumption persists.
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$0.52 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$157.30M.
When is Atlas Salt Inc’s upcoming earnings report date?
Atlas Salt Inc’s upcoming earnings report date is Nov 30, 2026 which is in 35 days.
How were Atlas Salt Inc’s earnings last quarter?
Atlas Salt Inc released its earnings results on Aug 28, 2026. The company reported -C$0.017 earnings per share for the quarter.
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 is -0.01.
How many shares outstanding does Atlas Salt Inc have?
Atlas Salt Inc has 124,840,430 shares outstanding.
What happened to Atlas Salt Inc’s price movement after its last earnings report?
Atlas Salt Inc reported an EPS of -C$0.017 in its last earnings report. Following the earnings report the stock price went up 5.66%.
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
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
65.78%
12-Months-Change
Fundamentals
Return on Equity
-21.62%
Trailing 12-Months
Asset Growth
106.59%
Trailing 12-Months
Learn more about TipRanks Smart Score
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.
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