Atlas Salt Stock Analysis
| SALT Stock | 0.60 0.03 4.76% |
Atlas Salt is overvalued with Real Value of 0.53 and Hype Value of 0.61. The main objective of Atlas Salt stock analysis is to determine its intrinsic value, which is an estimate of what Atlas Salt is worth, separate from its market price. There are two main types of Atlas Salt's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Atlas Salt's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Atlas Salt's stock to identify patterns and trends that may indicate its future price movements.
The Atlas Salt stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Atlas Salt is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Atlas Stock trading window is adjusted to America/Toronto timezone.
Atlas |
Atlas Stock Analysis Notes
About 39.0% of the company outstanding shares are owned by corporate insiders. The book value of Atlas Salt was at this time reported as 0.23. The company recorded a loss per share of 0.04. Atlas Salt had not issued any dividends in recent years. To find out more about Atlas Salt contact Richard LaBelle at 709 739 9545 or learn more at https://atlassalt.com.Atlas Salt Investment Alerts
| Atlas Salt generated a negative expected return over the last 90 days | |
| Atlas Salt has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (4.84 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Atlas Salt generates negative cash flow from operations | |
| About 39.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Atlas Salt Taps Endeavour Financial to Secure 400M for Major Salt Project, Signs Key Supply Deal - StockTitan |
Atlas Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 57.73 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Atlas Salt's market, we take the total number of its shares issued and multiply it by Atlas Salt's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Atlas Profitablity
Atlas Salt's profitability indicators refer to fundamental financial ratios that showcase Atlas Salt's ability to generate income relative to its revenue or operating costs. If, let's say, Atlas Salt is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Atlas Salt's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Atlas Salt's profitability requires more research than a typical breakdown of Atlas Salt's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.22) | (0.21) | |
| Return On Capital Employed | (0.24) | (0.25) | |
| Return On Assets | (0.22) | (0.21) | |
| Return On Equity | (0.22) | (0.21) |
Management Efficiency
Atlas Salt has return on total asset (ROA) of (0.08) % which means that it has lost $0.08 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1536) %, meaning that it generated substantial loss on money invested by shareholders. Atlas Salt's management efficiency ratios could be used to measure how well Atlas Salt manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to -0.21 in 2024. Return On Capital Employed is likely to drop to -0.25 in 2024. At this time, Atlas Salt's Total Assets are fairly stable compared to the past year. Net Tangible Assets is likely to climb to about 17.9 M in 2024, despite the fact that Return On Tangible Assets are likely to grow to (0.21).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.23 | 0.24 | |
| Tangible Book Value Per Share | 0.23 | 0.24 | |
| Enterprise Value Over EBITDA | (12.48) | (13.10) | |
| Price Book Value Ratio | 3.14 | 2.54 | |
| Enterprise Value Multiple | (12.48) | (13.10) | |
| Price Fair Value | 3.14 | 2.54 | |
| Enterprise Value | 56.3 M | 59.1 M |
Understanding the operational decisions made by Atlas Salt management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Beta 3.198 | Return On Assets (0.08) | Return On Equity (0.15) |
Technical Drivers
As of the 25th of December, Atlas Salt shows the Standard Deviation of 1.89, mean deviation of 1.4, and Risk Adjusted Performance of (0.07). In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Atlas Salt, as well as the relationship between them. Please confirm Atlas Salt value at risk, skewness, and the relationship between the maximum drawdown and potential upside to decide if Atlas Salt is priced correctly, providing market reflects its regular price of 0.6 per share.Atlas Salt Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Atlas Salt middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Atlas Salt. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Atlas Salt Outstanding Bonds
Atlas Salt issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Atlas Salt uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Atlas bonds can be classified according to their maturity, which is the date when Atlas Salt has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Atlas Salt Predictive Daily Indicators
Atlas Salt intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Atlas Salt stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Atlas Salt Forecast Models
Atlas Salt's time-series forecasting models are one of many Atlas Salt's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Atlas Salt's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Atlas Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Atlas Salt prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Atlas shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Atlas Salt. By using and applying Atlas Stock analysis, traders can create a robust methodology for identifying Atlas entry and exit points for their positions.
| Last Reported | Projected for Next Year |
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Additional Tools for Atlas Stock Analysis
When running Atlas Salt's price analysis, check to measure Atlas Salt's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Atlas Salt is operating at the current time. Most of Atlas Salt's value examination focuses on studying past and present price action to predict the probability of Atlas Salt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlas Salt's price. Additionally, you may evaluate how the addition of Atlas Salt to your portfolios can decrease your overall portfolio volatility.