Atlas Lithium Co. (NASDAQ:ATLX - Free Report) - Analysts at Roth Capital reduced their FY2025 earnings per share (EPS) estimates for shares of Atlas Lithium in a report released on Wednesday, October 30th. Roth Capital analyst J. Reagor now anticipates that the company will post earnings per share of $0.41 for the year, down from their previous forecast of $0.42. The consensus estimate for Atlas Lithium's current full-year earnings is ($2.86) per share. Roth Capital also issued estimates for Atlas Lithium's Q4 2025 earnings at $0.54 EPS.
A number of other equities analysts have also recently weighed in on ATLX. Roth Mkm decreased their price objective on Atlas Lithium from $36.00 to $25.50 and set a "buy" rating on the stock in a report on Friday, July 26th. HC Wainwright restated a "buy" rating and set a $19.00 price target on shares of Atlas Lithium in a research report on Tuesday.
View Our Latest Analysis on ATLX
Atlas Lithium Price Performance
Shares of NASDAQ ATLX traded down $0.53 during trading hours on Thursday, reaching $10.05. 141,723 shares of the stock traded hands, compared to its average volume of 92,901. The company has a market capitalization of $153.26 million, a P/E ratio of -2.19 and a beta of -0.80. The company has a quick ratio of 6.15, a current ratio of 6.18 and a debt-to-equity ratio of 0.36. Atlas Lithium has a 52-week low of $6.25 and a 52-week high of $34.00. The company's 50-day simple moving average is $8.58 and its two-hundred day simple moving average is $11.12.
Atlas Lithium (NASDAQ:ATLX - Get Free Report) last announced its quarterly earnings data on Friday, August 9th. The company reported ($0.85) earnings per share for the quarter, missing analysts' consensus estimates of ($0.70) by ($0.15). The company had revenue of $0.18 million during the quarter.
Institutional Investors Weigh In On Atlas Lithium
An institutional investor recently raised its position in Atlas Lithium stock. Cross Staff Investments Inc raised its holdings in Atlas Lithium Co. (NASDAQ:ATLX - Free Report) by 71.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 364,804 shares of the company's stock after buying an additional 152,342 shares during the quarter. Atlas Lithium comprises 1.9% of Cross Staff Investments Inc's investment portfolio, making the stock its 9th largest position. Cross Staff Investments Inc owned approximately 2.46% of Atlas Lithium worth $2,481,000 as of its most recent SEC filing. 18.35% of the stock is currently owned by hedge funds and other institutional investors.
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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