Atlas Salt Inc.

TSXV:SALT Stock Report

Market Cap: CA$64.5m

Atlas Salt Management

Management criteria checks 2/4

Atlas Salt's CEO is Rick LaBelle, appointed in Jul 2023, has a tenure of 1.5 years. total yearly compensation is CA$166.67K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.04% of the company’s shares, worth CA$670.00K. The average tenure of the management team and the board of directors is 1.3 years and 4.7 years respectively.

Key information

Rick LaBelle

Chief executive officer

CA$166.7k

Total compensation

CEO salary percentage100.0%
CEO tenure1.5yrs
CEO ownership1.0%
Management average tenure1.3yrs
Board average tenure4.7yrs

Recent management updates

Recent updates

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

Aug 21
Atlas Salt (CVE:SALT) Is In A Good Position To Deliver On Growth Plans

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

May 02
We're Not Very Worried About Atlas Salt's (CVE:SALT) Cash Burn Rate

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

CEO Compensation Analysis

How has Rick LaBelle's remuneration changed compared to Atlas Salt's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$4m

Jun 30 2024n/an/a

-CA$3m

Mar 31 2024n/an/a

-CA$5m

Dec 31 2023CA$167kCA$167k

-CA$5m

Compensation vs Market: Rick's total compensation ($USD116.28K) is below average for companies of similar size in the Canadian market ($USD166.13K).

Compensation vs Earnings: Insufficient data to compare Rick's compensation with company performance.

CEO

Rick LaBelle (59 yo)

1.5yrs

Tenure

CA$166,667

Compensation

Mr. Richard LaBelle, also known as Rick, serves as CEO at Atlas Salt Inc. from July 26, 2023 and Director since August 04, 2023 and serves as its President since April 2024. He served as the President and...

Leadership Team

NamePositionTenureCompensationOwnership
Richard LaBelle
CEO, President & Director1.5yrsCA$166.67k1.04%
CA$ 670.0k
Alasdair Federico
CFO & Vice President of Corporate Affairsless than a yearno data0.052%
CA$ 33.5k
Robert Booth
VP of Engineering & Construction1.3yrsno data0.083%
CA$ 53.6k

1.3yrs

Average Tenure

Experienced Management: SALT's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Richard LaBelle
CEO, President & Director1.4yrsCA$166.67k1.04%
CA$ 670.0k
Fraser Edison
Independent Director5.2yrsCA$10.00kno data
Patrick Laracy
Chairman13.6yrsCA$279.44k4.58%
CA$ 3.0m
Marc Boissonneault
Independent Director1.2yrsno datano data
Frederick Noel
Independent Director12.6yrsCA$13.60k1.39%
CA$ 893.3k
Timothy Howe
Director4.2yrsCA$185.00k0.16%
CA$ 100.5k

4.7yrs

Average Tenure

62yo

Average Age

Experienced Board: SALT's board of directors are considered experienced (4.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/06 23:08
End of Day Share Price 2025/01/06 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Atlas Salt Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution