Atlas OTC Stock Today

REMRF
 Stock
  

USD 2.93  0.29  10.98%   

Market Performance
14 of 100
Odds Of Distress
Over 57
Atlas Salt is trading at 2.93 as of the 14th of August 2022, a 10.98 percent increase since the beginning of the trading day. The stock's lowest day price was 2.83. Atlas Salt has over 57 % chance of experiencing financial distress in the next 2 years of operation, but had a somewhat good returns during the last 90 days. Equity ratings for Atlas Salt are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of July 2022 and ending today, the 14th of August 2022. Click here to learn more.
Fiscal Year End
December
Category
Basic Materials
Atlas Salt Inc., a junior mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador, Canada. Atlas Salt Inc. was incorporated in 2011 and is headquartered in St. Atlas Salt is traded on OTC Exchange in the United States.. The company has 79.8 M outstanding shares. More on Atlas Salt

Moving against Atlas Salt

0.61VALEVale SA ADR Potential GrowthPairCorr
Follow Valuation Odds of Bankruptcy
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Atlas Salt OTC 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. 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.
Atlas Salt is way too risky over 90 days horizon
Atlas Salt appears to be risky and price may revert if volatility continues
Atlas Salt has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (2.32 M).
Atlas Salt has accumulated about 8.51 M in cash with (1.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11.
Roughly 41.0% of the company outstanding shares are owned by corporate insiders
Latest headline from www.globenewswire.com: Atlas Salt and Triple Point Enter Into Arrangement Agreement - GlobeNewswire
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Atlas Salt's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldOvervalued
Atlas Salt [REMRF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Small-Cap' category with current market capitalization of 245.99 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 these looking for more risk prefer small-cap and mid-cap equities. Atlas Salt classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. The entity has 79.8 M outstanding shares. Atlas Salt has accumulated about 8.51 M in cash with (1.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11.
Check Atlas Salt Probability Of Bankruptcy
Ownership
Atlas Salt holds a total of seventy-nine million eight hundred thousand 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 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. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Atlas Ownership Details

Atlas Stock Price Odds Analysis

What are Atlas Salt's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Atlas Salt jumping above the current price in 90 days from now is under 4%. The Atlas Salt probability density function shows the probability of Atlas Salt otc stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the otc stock has a beta coefficient of 2.3613 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Atlas Salt will likely underperform. In addition to that, the company has an alpha of 2.0633, implying that it can generate a 2.06 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 2.93HorizonTargetOdds Above 2.93
96.39%90 days
 2.93 
3.59%
Based on a normal probability distribution, the odds of Atlas Salt to move above the current price in 90 days from now is under 4 (This Atlas Salt probability density function shows the probability of Atlas OTC Stock to fall within a particular range of prices over 90 days) .

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.

Atlas Stock Against Markets

Picking the right benchmark for Atlas Salt otc 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 otc 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.

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 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.

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Invested in Atlas Salt?

You need to understand the risk of investing before taking a position 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 Shape 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.
Additionally, take a look at Your Equity Center. Note that the Atlas Salt information on this page should be used as a complementary analysis to other Atlas Salt's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Atlas Salt 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 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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Is Atlas Salt's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Atlas Salt. If investors know Atlas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Atlas Salt listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
246 M
Return On Assets
-0.16
Return On Equity
-0.28
The market value of Atlas Salt is measured differently than its book value, which is the value of Atlas that is recorded on the company's balance sheet. Investors also form their own opinion of Atlas Salt's value that differs from its market value or its book value, called intrinsic value, which is Atlas Salt's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Atlas Salt's market value can be influenced by many factors that don't directly affect Atlas Salt's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Atlas Salt's value and its price as these two are different measures arrived at by different means. Investors typically determine Atlas Salt value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlas Salt's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.