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Atlas Salt TSXV:SALT Stock Report

Last Price

CA$0.79

Market Cap

CA$75.2m

7D

-2.5%

1Y

-21.0%

Updated

25 Apr, 2024

Data

Company Financials

SALT Stock Overview

Atlas Salt Inc., a junior mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador, Canada.

SALT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Atlas Salt Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Atlas Salt
Historical stock prices
Current Share PriceCA$0.79
52 Week HighCA$1.57
52 Week LowCA$0.57
Beta3.26
1 Month Change2.60%
3 Month Change31.67%
1 Year Change-21.00%
3 Year Change12.86%
5 Year Change1,028.57%
Change since IPO1,216.67%

Recent News & Updates

We're Not Very Worried About Atlas Salt's (CVE:SALT) Cash Burn Rate

Jan 17
We're Not Very Worried About Atlas Salt's (CVE:SALT) Cash Burn Rate

Recent updates

We're Not Very Worried About Atlas Salt's (CVE:SALT) Cash Burn Rate

Jan 17
We're Not Very Worried About Atlas Salt's (CVE:SALT) Cash Burn Rate

We Think Atlas Salt (CVE:SALT) Can Afford To Drive Business Growth

Sep 25
We Think Atlas Salt (CVE:SALT) Can Afford To Drive Business Growth

Atlas Salt (CVE:SALT) Is In A Good Position To Deliver On Growth Plans

Jun 12
Atlas Salt (CVE:SALT) Is In A Good Position To Deliver On Growth Plans

We're Hopeful That Atlas Salt (CVE:SALT) Will Use Its Cash Wisely

Jul 12
We're Hopeful That Atlas Salt (CVE:SALT) Will Use Its Cash Wisely

We're Not Very Worried About Atlas Salt's (CVE:SALT) Cash Burn Rate

Mar 25
We're Not Very Worried About Atlas Salt's (CVE:SALT) Cash Burn Rate

We're Interested To See How Atlas Salt (CVE:RMK) Uses Its Cash Hoard To Grow

Sep 01
We're Interested To See How Atlas Salt (CVE:RMK) Uses Its Cash Hoard To Grow

Shareholder Returns

SALTCA Metals and MiningCA Market
7D-2.5%-1.8%0.7%
1Y-21.0%-6.2%5.5%

Return vs Industry: SALT underperformed the Canadian Metals and Mining industry which returned -6.2% over the past year.

Return vs Market: SALT underperformed the Canadian Market which returned 5.5% over the past year.

Price Volatility

Is SALT's price volatile compared to industry and market?
SALT volatility
SALT Average Weekly Movement10.2%
Metals and Mining Industry Average Movement11.4%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market3.0%

Stable Share Price: SALT's share price has been volatile over the past 3 months.

Volatility Over Time: SALT's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011n/aRick LaBelleatlassalt.com

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.

Atlas Salt Inc. Fundamentals Summary

How do Atlas Salt's earnings and revenue compare to its market cap?
SALT fundamental statistics
Market capCA$75.22m
Earnings (TTM)-CA$4.84m
Revenue (TTM)n/a

0.0x

P/S Ratio

-15.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SALT income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$4.84m
Earnings-CA$4.84m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.051
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did SALT perform over the long term?

See historical performance and comparison
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