Atlas Salt (OTC:REMRF) Trading Up 7.4% – Here’s Why

Atlas Salt Inc. (OTC:REMRFGet Free Report) was up 7.4% during mid-day trading on Friday . The company traded as high as $0.66 and last traded at $0.66. Approximately 12,818 shares were traded during mid-day trading, a decline of 20% from the average daily volume of 16,115 shares. The stock had previously closed at $0.6143.

Atlas Salt Stock Performance

The company’s 50 day moving average price is $0.51 and its 200 day moving average price is $0.45.

Atlas Salt Company Profile

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Atlas Salt Inc engages in the valuation, exploration, development, and production of industrial mineral properties in Newfoundland and Labrador, Canada. The company explores for potash, salt, gypsum, nepheline, and other mineral deposits. Its principal asset is the 100% owned in the Great Atlantic salt project in the Bay St. George Basin of western Newfoundland. 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.

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