About
About Red Moon Resources Inc
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, 2020, the company had 19 mineral licenses approximately 5,500 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 founded in 2011 and is headquartered in St. John's, Canada. Atlas Salt Inc. is a subsidiary of Vulcan Minerals Inc.
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5 years, 5 months ago
Red Moon Resources Inc is currently in a long term uptrend where the price is trading 172.2% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Red Moon Resources Inc's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has increased by 28.7% to $-21K since the same quarter in the previous year.
Finally, its free cash flow grew by 159.6% to $105K since the same quarter in the previous year.
Based on the above factors, Red Moon Resources Inc gets an overall score of 4/5.