Atlas Salt Inc
XTSX:SALT

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Atlas Salt Inc
XTSX:SALT
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Price: 0.95 CAD -1.04% Market Closed
Market Cap: CA$105.1m

P/E

-39.3
Current
84%
More Expensive
vs 3-y average of -21.4

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-39.3
=
Market Cap
CA$104.3m
/
Net Income
CA$-2.6m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-39.3
=
Market Cap
CA$104.3m
/
Net Income
CA$-2.6m

Valuation Scenarios

Atlas Salt Inc is trading above its industry average

If P/E returns to its Industry Average (25.5), the stock would be worth CA$-0.62 (165% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-165%
Maximum Upside
No Upside Scenarios
Average Downside
156%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple -39.3 CA$0.95
0%
Industry Average 25.5 CA$-0.62
-165%
Country Average 18.6 CA$-0.45
-147%

Forward P/E
Today’s price vs future net income

Not enough data available to calculate forward P/E

Peer Comparison

Market Distribution

Lower than 100% of companies in Canada
Percentile
0th
Based on 1 768 companies
0th percentile
-39.3
Low
0 — 14.2
Typical Range
14.2 — 29.3
High
29.3 —
Distribution Statistics
Canada
Min 0
30th Percentile 14.2
Median 18.6
70th Percentile 29.3
Max 19 628.5

Atlas Salt Inc
Glance View

Market Cap
105.1m CAD
Industry
Metals & Mining

Atlas Salt, Inc. engages in mineral exploration properties in Newfoundland and Labrador. The company is headquartered in St. Johns, Newfoundland And Labrador. The company went IPO on 2012-08-17. The firm owns 100% of the Great Atlantic salt deposit strategically located in western Newfoundland in the middle of the robust eastern North America Road salt market. The project features a homogeneous high-grade resource. The firm's projects include Flat Bay Gypsum Project, which is located 3 km southwest of Great Atlantic Salt deposit that features early-stage open-pit production from the Ace deposit. The company is located immediately beside important infrastructure including a deep-water port, Great Atlantic positions Atlas in the middle of the eastern North America Road salt de-icing market. Its Gypsum Black Bay produces nepheline outcrops at surface over an area at least one kilometer long and up to 200 meter wide.

SALT Intrinsic Value
0.08 CAD
Overvaluation 92%
Intrinsic Value
Price CA$0.95
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