TSX

ATLAS SALT INC (SALT.VN)

Company Overview

Atlas Salt is rapidly advancing its 100%-owned Great Atlantic Salt Project through Feasibility into potential production as an environmentally friendly state-of-the-art “Salt Factory” in western Newfoundland.

Located immediately beside important infrastructure including a deep water port, Great Atlantic is strategically positioned in the heart of the robust eastern North America road salt market that relies heavily on overseas imports to meet annual demand.

Contact Details

Address
-
City
-
State
-
Country
-
Zip Code
-
Phone Number
-
Website
-

Financial Highlights

Day Range

The price range a stock has traded at during the most recent trading period.

-
-
5 Day Range

The price range a stock has traded at during the previous 5 days.

-
-
3 Month Range

The price range a stock has traded at during the previous 3 months.

-
-
52 Week Range

The price range a stock has traded at during the previous 52 weeks.

-
-
Previous Close

The closing price of a stock from the previous day.

-
Open

The price of the stock at the start of today’s market opening.

-
Bid

The amount of money a trader is willing to pay per share for a given stock. 

x
-
Ask

The amount of money a seller wants per share of a given stock.

x
-
Volume

The number of shares traded in a given period. This number illustrates the active interest in the stock at any time.

-
Avg. Volume

The average number of shares traded in a given day.

-
Dividend Yield

A company's annual dividend expressed as a percentage of its current stock price.

-
Recent Dividend

The value a shareholder receives from a company they are invested in for holding their shares.

-
Beta

A measurement of the stock’s volatility in comparison to the market as a whole.

-

Shareholding

Shares Outstanding

Number of shares currently held by investors, including restricted shares owned by the company's officers and insiders.

-
Insider Shareholders

The percentage of shares owned by any officer or board director of the company, including their related or affiliated individuals, families, entities and trusts.

-
Institutional Shareholders

The percentage of shares owned by an institution such as a mutual fund, bank or insurance company.

-
Market Cap

The market value of a company’s outstanding shares. It is used as a measurement tool to determine how large a company is.

-
Revenue TTM

The amount of money a company has made for the trailing twelve-month period.

-
Net Income TTM

A measurement of how much profit they are retaining for the trailing twelve-month period.

-
P/E Ratio

The Price to Earnings (P/E) ratio, is calculated by dividing the stock's most recent share price by the sum of the diluted earnings per share.

-
EPS TTM

Earnings Per Share (EPS) TTM is a company's profit for the trailing twelve-month period divided by its number of common outstanding shares.

-
1 Year Return

A measurement of how much the stock has increased or decreased in the last year.

-

There is no stock data currently available for this time period, please select another option.

Please wait, gathering market data...

Management Team

If you’re going to invest in a company, you want to know that your money is in good hands. That’s why it’s important to get to know the key figures behind the business. With that in mind, here is some further information about Atlas Salt's leadership team

Rick LaBelle, ICD.D, MBA

CEO & Director

Company CEO Mr. LaBelle brings over 40 years of mining sector experience to Atlas Salt, including nearly three decades in executive leadership roles. Over the years, he has successfully orchestrated M&A transactions totaling over $5 billion (CDN) in value. With an engineering background, as former President & CEO of Dumas Mining (2017-2022), he was pivotal in establishing the company as a leading underground mine builder worldwide.

Robert Booth, P.Eng, PMP

VP, Engineering & Construction

In the past decade, Mr. Booth has managed $1.5bn worth of large capital projects in underground construction as an engineer. Notably, he recently worked with Newmont, the world’s largest gold mining company. While at Hudbay between 2018 and 2021, Mr. Booth oversaw a rapid and cost-effective expansion of the Snow Lake operations in Manitoba, showcasing his ability to deliver results efficiently. He also enjoyed a successful operational role at Vale.

Alasdair Federico

VP, Corporate Affairs

An executive and lawyer, Mr. Federico has a proven track record of fostering productive relationships between mining companies and important stakeholders. Serving as Kirkland Lake Gold’s Executive VP for Corporate Affairs & Social Responsibility from late 2016 to May 2021, he played a pivotal role in the company’s remarkable growth phase. Here he spearheaded various expansion initiatives with support from local communities and First Nations. He has a successful track record in permitting and environmental assessments in Canada.

Patrick Laracy

Chairman and Director

Atlas Salt founder Mr. Laracy has successfully secured over $125 million in high-risk exploration expenditures through equity and joint venture financings. He is a member of the Professional Engineers and Geoscientists of Newfoundland and Labrador, with over 30 years of industry experience in various technical and executive capacities. He is the founder of Atlas Salt and CEO & Director of Vulcan Minerals.

Andrew Smith

Mine Project Manager

Mr. Smith is an engineer and mine construction specialist with over 10 years of experience. This includes a significant role as the former head of Project Management at Dumas Mining. During his tenure, he successfully managed underground mine-building projects valued at over $500 million.

Rowland Howe

Director

Mr. Howe is a Chartered Engineer with 30 years of experience in the salt industry. He served as Mine General Manager at Goderich in Ontario from 1995-2011. Here he oversaw the expansion of Compass Minerals’ operation, transforming it into the largest and most profitable salt mine in North America. Under his leadership, production increased from 3.5 million tonnes per year to 7.5 million tonnes, setting an unmatched annual record. He is currently President of the Goderich Port Management Corporation.

Fraser H. Edison

Director

Mr Edison has diverse experience spanning finance, construction, oil and gas, and transportation management. He currently holds prominent positions as President and Chairman of the Board at Rutter Inc., former Chairman of the Newfoundland and Labrador Liquor Corporation, and serves as a member of the board and governance committee at Newfoundland and Labrador Hydro.

Marc Boissonneault

Director

Mr. Boissonneault P.Eng. MBA is a mining industry leader with over 35 years of experience. He has a successful track record in managing major mining operations and projects globally, prioritizing health, safety, environmental, and community standards (HSEC). His leadership has resulted in industry-leading safety performance and adherence to the highest environmental standards, with recognition including multiple John T. Ryan Awards in Canada.

F. Carson Noel, LL.B., B.Comm

Director

Mr. Noel is an experienced professional with over 20 years in law and business consulting, specifically within exchange-listed companies ranging from start-ups to exploration and development phases. He is the founding Director and Past President of the Ecuador-Canada Chamber of Commerce.

Press Releases

View More

List of SALT.VN Press Releases