Atlas Lithium Co. (NASDAQ:ATLX - Free Report) - Stock analysts at HC Wainwright issued their FY2024 earnings per share (EPS) estimates for Atlas Lithium in a research note issued to investors on Wednesday, October 2nd. HC Wainwright analyst H. Ihle anticipates that the company will post earnings of ($2.78) per share for the year. HC Wainwright currently has a "Buy" rating and a $19.00 price target on the stock. The consensus estimate for Atlas Lithium's current full-year earnings is ($2.93) per share. HC Wainwright also issued estimates for Atlas Lithium's FY2025 earnings at $2.96 EPS.
Atlas Lithium (NASDAQ:ATLX - Get Free Report) last posted its earnings results on Friday, August 9th. The company reported ($0.85) EPS for the quarter, missing analysts' consensus estimates of ($0.70) by ($0.15). The firm had revenue of $0.18 million during the quarter.
Separately, Roth Mkm decreased their target price on shares of Atlas Lithium from $36.00 to $25.50 and set a "buy" rating on the stock in a research report on Friday, July 26th.
Read Our Latest Stock Report on Atlas Lithium
Atlas Lithium Price Performance
Atlas Lithium stock traded up $0.57 during mid-day trading on Monday, reaching $7.18. 264,379 shares of the company's stock traded hands, compared to its average volume of 87,474. Atlas Lithium has a 12-month low of $6.25 and a 12-month high of $34.00. The company has a market cap of $106.28 million, a price-to-earnings ratio of -1.51 and a beta of -0.80. The stock has a 50 day moving average of $9.22 and a two-hundred day moving average of $12.17. The company has a quick ratio of 6.15, a current ratio of 6.18 and a debt-to-equity ratio of 0.36.
About Atlas Lithium
(
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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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