Atlas Salt (OTC:REMRF) Shares Down 0.8% – Here’s Why

Atlas Salt Inc. (OTC:REMRFGet Free Report) shares fell 0.8% during mid-day trading on Wednesday . The company traded as low as $0.4250 and last traded at $0.43. 7,600 shares were traded during mid-day trading, a decline of 53% from the average session volume of 16,115 shares. The stock had previously closed at $0.4333.

Atlas Salt Stock Performance

The business’s 50-day simple moving average is $0.48 and its 200 day simple moving average is $0.40.

About Atlas Salt

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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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