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Home CompaniesAtlas Salt Inc

Atlas Salt Inc

Basic Materials Other Industrial Metals & Mining
PortfolioPortfolio WatchlistWatchlist
Company price
1.38 CAD 0.00(0%)
Last update at 2026-11-04T20:35:00Z
VOLUME
140060
Market Cap
99.51M

Momentum Score

…

Atlas Salt Inc. engages in the evaluation and exploration of mineral properties in Newfoundland and Labrador, Canada. The company explores for salt, gypsum, and nepheline deposits. Its principal asset is the 100% owned Great Atlantic salt project in the St. George's Bay Basin of western Newfoundland. 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 Saint George's, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
1.36
Low
1.45
High
52 Week Price Range
0.35
Low
1.10
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Atlas Salt Inc (SALT.V) is a publicly listed company focused on salt-related opportunities, though public operational detail is limited. Long-term growth drivers for the sector include stable industrial demand, potential resource development and scale economies, and supply constraints that could support pricing, which may make exposure to a basic industrial commodity attractive.

Key investment risks are early-stage asset status with material financing and permitting requirements, execution and operational risk, sensitivity to commodity prices and input costs, and low public-market liquidity that can increase volatility.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
1.38
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-13.42%
Net Debt
-
ROCE
-16.95%
Diluted EPS TTM
-0.03

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -3.68M -4.84M -2.45M -2.17M -0.19M
Net income -3.68M -4.84M -2.45M -2.17M -0.19M
Selling general administrative 1.84M 3.65M 3.08M 2.25M 0.18M
Gross profit -0.04M -0.01M -0.00M -0.00M -0.00M
Reconciled depreciation 0.04M 0.01M 0.00M 0.00M 0.00M
Ebit - - -3.37M - -0.14M
Ebitda - - -4.02M -2.25M -0.18M
Operating income -3.47M -5.18M -4.02M -2.25M -0.19M
Interest expense 0.00M 0.00M - 0.00M 0.00M
Interest income 0.40M 0.57M 0.15M 0.02M -
Net interest income 0.40M 0.57M 0.15M 0.02M -
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 3.47M 5.18M 4.02M 2.25M 0.19M
Cost of revenue 0.04M 0.01M 0.00M 0.00M 0.00M
Total other income expense net -0.60M -0.22M 1.41M 0.05M -
Net income from continuing ops -3.68M -4.84M -2.45M -2.17M -0.19M
Net income applicable to common shares - - -2.45M -2.45M -0.19M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 21.97M 22.37M 16.05M 11.25M 2.07M
Total liab 1.70M 0.60M 1.24M 0.42M 0.26M
Total stockholder equity 20.27M 21.78M 14.81M 10.83M 1.81M
Other current liab 0.01M - - 0.17M 0.07M
Common stock - - 18.12M - 2.84M
Capital stock 27.20M 25.59M 18.12M 11.77M 2.84M
Retained earnings -15.18M -11.51M -6.67M -3.74M -1.57M
Other liab - - 0.14M - 0.13M
Cash 8.03M 12.19M 9.27M 8.80M 0.28M
Total current liabilities 1.48M 0.46M 1.09M 0.28M 0.13M
Other stockholder equity - - 0.25M - 0.04M
Property plant equipment - - 4.63M - 1.70M
Total current assets 8.61M 12.41M 9.78M 9.06M 0.38M
Long term investments 0.81M 1.41M 1.64M - -
Net tangible assets - - 14.81M - 1.81M
Net receivables 0.45M 0.18M 0.48M 0.24M 0.09M
Long term debt 0.09M - - - -
Accounts payable - - 1.09M 0.11M 0.06M
Non current assets total 13.35M 9.96M 6.27M 2.19M 1.70M
Capital lease obligations 0.02M - - - -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments -3.28M -3.34M -0.35M -0.35M -0.35M
Change to liabilities - - 0.89M 0.00M 0.00M
Total cashflows from investing activities - - -3.47M -3.47M 0.12M
Net borrowings 0.10M 0.00M - - -
Total cash from financing activities 0.14M 9.72M 5.00M 5.00M 5.00M
Change to operating activities - - -0.09M -0.09M -0.00M
Net income -3.68M -4.84M -2.45M -2.17M -0.19M
Change in cash -4.16M 2.92M 0.47M 0.47M 0.01M
Begin period cash flow 12.19M 9.27M 8.80M 0.28M 0.27M
End period cash flow 8.03M 12.19M 9.27M 8.80M 0.28M
Total cash from operating activities -1.02M -3.47M -1.07M -1.07M -0.11M
Issuance of capital stock 0.00M 10.00M 0.00M 8.45M 0.00M
Depreciation 0.04M 0.01M 0.00M 0.00M 0.00M
Other cashflows from investing activities - - - 0.00M 0.00M
Change to account receivables -0.27M 0.30M 0.12M 0.12M 0.01M
Sale purchase of stock -0.08M -0.29M - - -
Change to netincome - - 0.47M 0.47M 0.07M
Capital expenditures 3.27M 3.73M 3.29M 3.29M 0.06M
Change in working capital 0.63M -0.34M 0.91M 0.08M 0.01M
Stock based compensation 1.38M 1.48M 1.80M 0.99M 0.07M
Other non cash items 0.00M - -0.67M - -
Free cash flow -4.29M -7.20M -4.35M -2.00M -0.17M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
SALT
Atlas Salt Inc		 -
-%		 1.38 - - 249.45 5.46 211.74 -49.25
SGML
Sigma Lithium Resources Corp		 0.10
1.28%		 7.91 - 23.09 29.72 42.12 23.03 32.66
AFM
Alphamin Res		 0.03
2.00%		 1.27 8.44 9.43 2.78 3.33 2.13 3.85
SLI
Standard Lithium Ltd		 0.11
5.76%		 2.02 - - 79.52 2.40 83.96 5.29
FWZ
Fireweed Zinc Ltd		 0.03
1.25%		 2.43 - 1250.00 - 26.07 - -7.01

Profile*

Atlas Salt Inc

Atlas Salt Inc. engages in the evaluation and exploration of mineral properties in Newfoundland and Labrador, Canada. The company explores for salt, gypsum, and nepheline deposits. Its principal asset is the 100% owned Great Atlantic salt project in the St. George's Bay Basin of western Newfoundland. 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 Saint George's, Canada.

2 School Road, Saint George's, NF, Canada, A0N 1Z0

(709)-275-2009

https://atlassalt.com

Name Title Year Born
Mr. Patrick J. Laracy L.L.B., LL.B., P.Geo, P.Geo. CEO & Director 1960
Mr. Timothy Rowland Howe Pres & Director NA
Ms. Gillian Russell C.A., CPA CFO, Corp. Sec. & Bus. Mang. NA
Mr. Richard LaBelle CEO, President & Director 1965
Mr. Alasdair James Federico CFO & Vice President of Corporate Affairs NA
Mr. Robert Keith Booth P.Eng., P.M.P. VP of Engineering & Construction NA
Mr. Nolan K. Peterson C.F.A., M.B.A., P.Eng. CEO & Director NA
Mr. Jeffrey Kilborn CFO, Corporate Secretary & VP of Corporate Development 1980

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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