Atlas Salt Inc.

Atlas Salt Inc.

SALQF
Atlas Salt Inc.US flagOther OTC
1.06
USD
+0.04
- -
131.77MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.01
- -
- -
- -
- -
- -
- -
- -
-0.03
-0.03
-0.05
-0.04
-0.04
-0.04
Free Cash Flow per Basic Share
-0.02
-0.02
-0.01
- -
- -
- -
-0.01
- -
-0.03
-0.05
-0.08
-0.04
-0.1
-0.09
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.01
-0.01
-0.02
0.04
0.03
0.03
0.03
0.03
0.12
0.14
0.15
0.13
0.17
0.16
Tangible Book Value per Share
0.05
0.05
0.05
0.04
0.04
0.04
0.04
0.04
0.16
0.18
0.23
0.21
0.25
0.23
Basic Weighted Avg Shares
37
41
43
48
48
48
51
51
70
83
94
96
99
101
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
-2
-2
-5
-4
-4
-4
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
9
9
12
7
7
5
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
Total Equity
2
2
2
2
2
2
2
2
11
15
22
20
24
24
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-22.59
Return on Common Equity (%)
- -
- -
- -
- -
-5.58
-12.65
-14.7
-13.6
-46.7
-25.18
-37.88
-28.16
-25.97
-31.71

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
1
1
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
97
109
111
Market Capitalization
70
61
90

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2
7
6
Cash, Cash Equivalents & STI
2
6
5
Accounts Receivable, Net
- -
- -
1
Inventories
- -
- -
- -
Total Current Liabilities
1
1
- -
Payables & Accruals
1
1
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
58.14%
119.01%
20.86%
Free Cash Flow
147.05%
265.66%
135.2%
Net Income, GAAP
121.14%
231.72%
0.99%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
-0.01
-0.01
- -
-0.04
2025
-0.01
-0.01
- -
- -
-0.04
2026
-0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Nolan K. Peterson
Full Time Employees
2,781
Sector
Basic Materials
Industry
Industrial Materials
Address
2 School Road Saint George's NF Canada A0N 1Z0
IPO Date
Jun 18, 2021
Business
Atlas Salt Inc. engages in the exploration, development, and eventual production of high-grade salt resources for industrial, de-icing, water treatment, and chemical applications, with a focus on North American markets. The company centers on the Great Atlantic Salt Project in western Newfoundland, Canada, which is positioned as North America’s first major new salt mine in decades and targeted for long-life, low-cost production pending permitting and feasibility milestones. Atlas Salt’s product set encompasses bulk rock salt for de-icing; refined and industrial-grade salt for processing and chemical uses; and potential high-purity grades for specialized applications, with planned access to a deep-water port and existing infrastructure to support distribution across Atlantic Canada, Quebec, and the U.S. Northeast markets. The company operates with a development-stage profile, emphasizing feasibility, permitting, and project economics to advance toward commercial production, and it aims to serve an expanding salt demand from road de-icing, food processing, water treatment, and industrial applications. Founding year and headquarters Atlas Salt was formed to consolidate salt assets and advance development; its headquarters are in Canada, aligning with its Newfoundland-driven project footprint and strategic North American market focus. Industry and market context Atlas Salt operates within the mining and industrial minerals sector, specifically salt mining and related services, with an emphasis on delivering low-cost supply to industrial, municipal, and commercial customers. The company targets customers across North America, including road authorities, chemical producers, and large-scale industrial users, leveraging proximity to tidewater and established logistics to optimize distribution. Atlas Salt maintains ongoing engagement with investors and industry events as part of its development and capital-raising activities, underscoring its strategic path to commercialization and scaling of production. Subsidiaries and ownership As a project-focused company, Atlas Salt’s primary asset is the Great Atlantic Salt Project, with corporate governance and funding aligned to project development and potential strategic partnerships or offtake arrangements to support commercialization in the North American market.

Company News

APIChatGPT
  • Great Atlantic Salt Project: Atlas Salt informiert über den aktuellen Stand der Bauarbeiten, Genehmigungsverfahren und der Unternehmensentwicklung

  • Atlas Salt Provides Construction, Permitting and Corporate Update on the Great Atlantic Salt Project

  • CEO.CA Insights: Exclusive Interviews from THE Mining Investment Event 2026

  • Atlas Salt Announces Closing of $15 Million Bought Deal LIFE Offering

  • Atlas Salt annonce un financement par prise ferme de 10 millions de dollars aux termes de la dispense pour financement de l’émetteur coté (LIFE)

  • Atlas Salt Announces $10 Million Bought Deal LIFE Financing

  • Atlas Salt Announces $10 Million Bought Deal LIFE Financing

  • Atlas Salt Closes $1.25 Million Flow-Through Financing

  • Atlas Salt Announces $1.25 Million Flow-Through Financing

  • Video - CEO Clips: Atlas Salt: Newfoundland De-icing Supply Project Nears Construction

  • VIDEO - BTV Visits Atlas Salt, Graphene Manufacturing, Telescope Innovations, Nevada Organic Phosphate, Maple Gold, Intrepid Metals and Nine Mile Metals

  • Atlas Salt Commences Site Preparation Activities

  • Atlas Salt Expands Strategic MOU with Sandvik Mining Supporting $132 Million of Equipment and Services at Great Atlantic Salt Project

  • Atlas Salt (OTC:REMRF) Stock Price Up 3.4% – Should You Buy?

  • Atlas Salt Signs Strategic MOU with Hatch as Lead Engineering and IPD Partner for the Great Atlantic Salt Project

  • Atlas Salt Announces Filing of NI 43-101 Technical Report for the Updated Feasibility Study of Its Great Atlantic Salt Project

  • Atlas Salt Signs Memorandum of Understanding with Continental Conveyor for Material Handling Systems at the Great Atlantic Salt Project

  • Atlas Salt Announces Closing of Brokered LIFE Private Placement and Participation of Strategic Investor

  • Atlas Salt Announces Order Book Interest Exceeding Targeted Gross Proceeds of $8,000,000 on LIFE Private Placement

  • Atlas Salt Announces LIFE Private Placement Targeting Gross Proceeds of up to $8 Million