Cross Staff Investments Inc boosted its holdings in shares of Atlas Lithium Co. (NASDAQ:ATLX - Free Report) by 45.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 529,118 shares of the company's stock after acquiring an additional 164,314 shares during the period. Atlas Lithium accounts for approximately 2.5% of Cross Staff Investments Inc's investment portfolio, making the stock its 7th biggest position. Cross Staff Investments Inc owned about 3.43% of Atlas Lithium worth $3,349,000 as of its most recent SEC filing.
Wall Street Analyst Weigh In
Separately, HC Wainwright reissued a "buy" rating and issued a $19.00 price target on shares of Atlas Lithium in a research note on Tuesday, October 29th.
Check Out Our Latest Analysis on ATLX
Atlas Lithium Trading Down 1.6 %
Shares of ATLX stock traded down $0.10 during trading hours on Wednesday, hitting $5.78. The company had a trading volume of 141,639 shares, compared to its average volume of 96,979. The company's fifty day moving average is $6.82 and its 200 day moving average is $8.17. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.54 and a quick ratio of 3.45. Atlas Lithium Co. has a fifty-two week low of $5.38 and a fifty-two week high of $20.50. The stock has a market capitalization of $89.03 million, a PE ratio of -1.41 and a beta of -1.37.
Atlas Lithium (NASDAQ:ATLX - Get Free Report) last issued its quarterly earnings data on Friday, November 8th. The company reported ($0.60) EPS for the quarter, missing the consensus estimate of ($0.56) by ($0.04). The firm had revenue of $0.17 million for the quarter. Research analysts expect that Atlas Lithium Co. will post -2.79 earnings per share for the current fiscal year.
About Atlas Lithium
(
Free Report)
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.
See Also
Before you consider Atlas Lithium, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Atlas Lithium wasn't on the list.
While Atlas Lithium currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, Starlink, or X.AI? Enter your email address to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
