Atlas Salt Stock Today
| SALT Stock | 0.67 0.01 1.52% |
Performance4 of 100
| Odds Of DistressOver 70
|
Atlas Salt is selling for under 0.67 as of the 21st of May 2024; that is 1.52% increase since the beginning of the trading day. The stock's lowest day price was 0.66. Atlas Salt has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Atlas Salt are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of April 2024 and ending today, the 21st of May 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Atlas Salt is entity of Canada. It is traded as Stock on V exchange. The company has 95.22 M outstanding shares of which 211.9 K shares are at this time shorted by private and institutional investors with about 3.48 days to cover all short positions. More on Atlas Salt
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Atlas Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Atlas Salt's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Atlas Salt or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Director | Richard LaBelle |
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors) |
Atlas Salt (SALT) is traded on TSX Venture Exchange in Canada and employs 6 people. Atlas Salt is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 63.79 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 Salt operates under Metals & Mining sector and is part of Materials industry. The entity has 95.22 M outstanding shares of which 211.9 K shares are at this time shorted by private and institutional investors with about 3.48 days to cover all short positions.
Atlas Salt generates negative cash flow from operations
Check Atlas Salt Probability Of Bankruptcy
Ownership AllocationAtlas Salt retains a total of 95.22 Million outstanding shares. Atlas Salt retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
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Atlas Salt Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Atlas Salt market risk premium is the additional return an investor will receive from holding Atlas Salt long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Atlas Salt. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Atlas Salt's alpha and beta are two of the key measurements used to evaluate Atlas Salt's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.98 | |||
| Semi Deviation | 2.86 | |||
| Standard Deviation | 4.45 | |||
| Variance | 19.76 |
Atlas Stock Against Markets
Picking the right benchmark for Atlas Salt stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Atlas Salt stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Atlas Salt is critical whether you are bullish or bearish towards Atlas Salt at a given time. Please also check how Atlas Salt's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Atlas Salt without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Atlas Salt Corporate Management
Elected by the shareholders, the Atlas Salt's board of directors comprises two types of representatives: Atlas Salt inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Atlas. The board's role is to monitor Atlas Salt's management team and ensure that shareholders' interests are well served. Atlas Salt's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Atlas Salt's outside directors are responsible for providing unbiased perspectives on the board's policies.
| PMP PEng | VP Construction | Profile | |
| Michael Psihogios | Chief Officer | Profile | |
| Alasdair Federico | Vice Affairs | Profile | |
| LLB LLB | CEO Director | Profile |
How to buy Atlas Stock?
Before investing in Atlas Salt, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Atlas Salt. To buy Atlas Salt stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Atlas Salt. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Atlas Salt stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Atlas Salt stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Atlas Salt stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Atlas Salt, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Atlas Salt?
The danger of trading Atlas Salt is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Atlas Salt is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Atlas Salt. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Atlas Salt is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Atlas Salt. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary 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.
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