Atlas Lithium (NASDAQ:ATLX - Get Free Report) announced its quarterly earnings results on Friday. The company reported ($0.72) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.55) by ($0.17), Zacks reports. The company had revenue of $0.12 million during the quarter.
Atlas Lithium Trading Down 5.1 %
Shares of NASDAQ ATLX traded down $0.32 during trading hours on Tuesday, reaching $5.93. The stock had a trading volume of 275,687 shares, compared to its average volume of 109,209. The company has a current ratio of 3.54, a quick ratio of 3.45 and a debt-to-equity ratio of 0.41. The firm has a market cap of $91.42 million, a price-to-earnings ratio of -1.45 and a beta of -1.12. The business's fifty day moving average price is $5.98 and its two-hundred day moving average price is $7.20. Atlas Lithium has a 52-week low of $4.87 and a 52-week high of $20.00.
Atlas Lithium Company Profile
(
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Atlas Lithium Corporation operates as a mineral exploration and development company in Brazil. It operates the Minas Gerais lithium project that consists of 54 mineral rights covering an area of 59,275 acres located within the Brazilian Eastern Pegmatitic Province; and Northeastern Brazil lithium project, which consists of 7 mineral rights covering an area of 16,266 acres in the States of Paraíba and Rio Grande do Norte in northeastern Brazil.
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