REMRF
Price:
$0.5014
Market Cap:
$58.55M
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...[Read more]
Industry
Industrial Materials
IPO Date
2021-06-18
Stock Exchange
OTC
Ticker
REMRF
According to Atlas Salt Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.77. This represents a change of -60.95% compared to the average of 9.66 of the last 4 quarters.
The mean historical Current Ratio of Atlas Salt Inc. over the last ten years is 8.12. The current 3.77 Current Ratio has changed 4.54% with respect to the historical average. Over the past ten years (40 quarters), REMRF's Current Ratio was at its highest in in the March 2023 quarter at 73.44. The Current Ratio was at its lowest in in the December 2018 quarter at 0.03.
Average
8.12
Median
2.34
Minimum
0.03
Maximum
31.98
Discovering the peaks and valleys of Atlas Salt Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 3.75%
Maximum Annual Current Ratio = 31.98
Minimum Annual Increase = -89.90%
Minimum Annual Current Ratio = 0.03
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 5.80 | -78.46% |
| 2023 | 26.93 | 200.31% |
| 2022 | 8.97 | -71.96% |
| 2021 | 31.98 | 2.11% |
| 2020 | 1.45 | 32.40% |
| 2019 | 1.09 | 3.75% |
| 2018 | 0.03 | -89.90% |
| 2017 | 0.28 | -81.24% |
| 2016 | 1.50 | -52.82% |
| 2015 | 3.18 | -7.20% |
The current Current Ratio of Atlas Salt Inc. (REMRF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
13.90
5-year avg
15.02
10-year avg
8.12
Atlas Salt Inc.’s Current Ratio is greater than NEO Battery Materials Ltd. (0.29), greater than Element 25 Limited (1.84), greater than Nickel 28 Capital Corp. (1.17), less than Surge Copper Corp. (5.34), less than Helium One Global Ltd (30.18), greater than Lake Resources NL (0.89), greater than Focus Graphite Inc. (0.05), less than Zinnwald Lithium Plc (11.44), less than 80 Mile Plc (7.77), less than Skyharbour Resources Ltd. (5.10),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.29 | $36.97M | |
| 1.84 | $46.17M | |
| 1.17 | $43.74M | |
| 5.34 | $99.93M | |
| 30.18 | $61.73M | |
| 0.89 | $90.82M | |
| 0.05 | $25.97M | |
| 11.44 | $25.93M | |
| 7.77 | $31.30M | |
| 5.10 | $54.94M |
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