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Atlas Salt: financing crucial for Great Atlantic Salt Project

Atlas Salt presents its Great Atlantic Salt Project as a potential first new North American salt mine in roughly 30 years, targeting annual production of 4 million tonnes (about 10% of the North American de-icing salt market). The feasibility study envisions capital expenditures of CAD 589 million and average annual after-tax free cash flow of CAD 188 million, with a shallow, dry deposit and a nearby deep-water port expected to reduce capital and operating costs. The biggest remaining hurdle is financing: Atlas Salt is targeting 60–70% senior debt (about CAD 400 million expected) and seeks to limit equity dilution to 10–20%; Export Development Canada has pledged around CAD 150 million. Permits are in place, the project is in site-preparation, and management emphasizes low emissions through 100% battery-electric operation. » More on de.investing.com

Historical dividends Dividends

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In 2022, ATLAS SALT INC. Aktie has already paid €0.26 in dividends. The last payout was in January 2022.

Financials

In the last quarter, ATLAS SALT INC. Aktie had revenue of €0 and net profit of -€419.09K

(EUR)	June 2025	YoY
Revenue	0	-
Gross profit	-7.06K	-
Net profit	-419.09K	-
EBITDA	-410.6K	-

Fundamentals

Metric	Value
Market capitalization	€42.72M
Number of shares	95.98M
52-week high/low	€0.65 - €0.21
Dividends	No
Beta	3.31
P/E ratio	-26.59
PEG ratio	0.54
P/B ratio	4.19
P/S ratio	0.00

Company profile

Atlas Salt Inc., a junior mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador, Canada. The company explores for potash, salt, gypsum, and other mineral deposits. It holds 100% interest in the Great Atlantic salt project in the Bay St. George Basin of Western Newfoundland. The company also holds interests in the Ace Gypsum project located in the dormant Flat Bay gypsum mines to the southwest of the Great Atlantic salt deposit; and the Black Bay Nepheline property located in southern Labrador. As of December 31, 2021, the company had 30 mineral licenses approximately 21,725 hectares in the Bay St. George region of Western Newfoundland and in Black Bay, Labrador. 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 St. John's, Canada.