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Atlas Salt Inc (SALT) AI Stock Analysis
Atlas Salt Inc
(TSXV:SALT)
Overall score is driven primarily by the high financial risk of a pre‑revenue company with recurring losses and negative cash flows, tempered by a strong, low‑debt balance sheet and a supportive upward price trend, while valuation remains speculative due to negative earnings and the lack of dividends.
Atlas Salt Inc (SALT) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 168.53M
- Dividend Yield
- ―
- Average Volume (3M)
- 194.39K
- Price to Earnings (P/E)
- -26.0
- Beta (1Y)
- 1.32
- Revenue Growth
- ―
- EPS Growth
- -46.69%
- Country
- Canada
- Employees
- 0
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial Materials
Atlas Salt Inc Business Overview & Revenue Model
Company Description
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...
How the Company Makes Money
Atlas Salt Inc. is a development-stage company; as of publicly available information up to my knowledge cutoff, it had not established recurring operating revenues from salt production. As a result, its primary sources of cash flow are typically non-...
Atlas Salt Inc Financial Statement Overview
Summary
Score reflects Atlas Salt’s pre‑revenue status with recurring operating and net losses and persistently negative operating and free cash flows, partially offset by a strong, low‑leverage balance sheet funded by growing shareholder equity.
Income Statement
18Very NegativeBalance Sheet
80PositiveCash Flow
24Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -59.93K | -52.90K | -42.45K | -12.91K | -3,393 | -1,402 |
| EBITDA | -5.62M | -3.65M | -3.12M | -4.51M | -3.37M | -2.17M |
| Net Income | -5.61M | -3.71M | -3.68M | -4.84M | 511.22K | -2.15M |
Balance Sheet | ||||||
| Total Assets | 39.87M | 26.31M | 21.97M | 22.37M | 16.05M | 11.25M |
| Cash, Cash Equivalents and Short-Term Investments | 18.38M | 6.14M | 8.03M | 12.19M | 9.27M | 8.80M |
| Total Debt | 778.75K | 744.15K | 120.14K | 0 | 0 | 0 |
| Total Liabilities | 2.41M | 1.81M | 1.70M | 597.90K | 1.24M | 423.96K |
| Stockholders Equity | 37.45M | 24.49M | 20.27M | 21.78M | 14.81M | 10.83M |
Cash Flow | ||||||
| Free Cash Flow | -5.51M | -10.08M | -4.29M | -7.20M | -4.35M | -2.00M |
| Operating Cash Flow | -5.03M | -5.30M | -1.02M | -3.47M | -1.07M | -1.10M |
| Investing Cash Flow | -3.40M | -4.96M | -3.28M | -3.34M | -3.47M | -543.83K |
| Financing Cash Flow | 23.94M | 8.19M | 143.07K | 9.72M | 5.00M | 10.17M |
Atlas Salt Inc Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SALT, the sentiment is Negative. The current price of 1.35 is below the 20-day moving average (MA) of 1.39, below the 50-day MA of 1.50, and above the 200-day MA of 1.25, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 43.10 is Neutral, neither overbought nor oversold. The STOCH value of 57.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SALT.
Atlas Salt Inc Peers Comparison
Overall Rating
- TSE:SALT56Neutral
TSE:AZM46Neutral
TSE:GMA45Neutral
TSE:SRL45Neutral
TSE:FT42Neutral
TSE:RTG42Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:SALT | 56Neutral | CAD 168.53M | -26.01 | -21.62% | ― | ― | -46.69% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TSE:AZM | 46Neutral | CAD 44.34M | 4.92 | 15.43% | ― | ― | ― |
| TSE:GMA | 45Neutral | CAD 36.77M | 75.86 | 5.99% | ― | ― | ― |
| TSE:SRL | 45Neutral | CAD 74.22M | -41.79 | -7.59% | ― | ― | 67.00% |
| TSE:FT | 42Neutral | CAD 53.61M | -6.50 | 80.32% | ― | ― | -38.20% |
| TSE:RTG | 42Neutral | CAD 47.79M | -6.88 | -49.66% | ― | ― | 11.90% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:SALT | Atlas Salt Inc | 1.35 | 0.67 | 98.53% | |
| TSE:AZM | Azimut Exploration | 0.44 | -0.30 | -40.54% | |
| TSE:FT | Fortune Minerals | 0.08 | -0.02 | -18.37% | |
| TSE:GMA | Geomega Resources | 0.22 | -0.10 | -31.25% | |
| TSE:RTG | Rtg Mining, Inc. | 0.03 | -0.00 | -16.67% | |
| TSE:SRL | Salazar Resources | 0.28 | 0.13 | 83.01% |
Atlas Salt Inc Corporate Events
Atlas Salt Posts Strong Nepheline Syenite Results, Begins Drilling at Black Bay
PositiveAtlas Salt Inc. reported that bench-scale beneficiation testwork on a bulk nepheline syenite sample from its Black Bay property in southern Labrador achieved very low iron oxide levels using magnetic separation alone. The process reduced iron oxide,...
Atlas Salt Gains Global Investor Spotlight at Canada Investment Summit
PositiveAtlas Salt Inc., developer of the Great Atlantic Salt Project in Newfoundland, is advancing a high-purity rock salt mine aimed at supplying road salt to Eastern Canada and the U.S. Northeast. The project is intended to be a low-emission, long-life op...
Atlas Salt Secures Over C$300 Million in Indicative Financing for Great Atlantic Project
PositiveAtlas Salt Inc. has secured non-binding financing support that lifts letters of interest for its Great Atlantic Salt Project to more than C$300 million, underscoring growing institutional backing for the Newfoundland and Labrador development. The com...
Atlas Salt Taps CN Rail to Boost Economics of Great Atlantic Salt Project
PositiveAtlas Salt Inc., which is developing the Great Atlantic Salt Project in Newfoundland and Labrador, is focused on supplying de-icing salt to the North American market through a marine-centric logistics model supported by responsible and efficient mini...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 06, 2026