NASDAQ:ATLX Atlas Lithium (ATLX) Stock Price, News & Analysis $7.46 -0.33 (-4.24%) (As of 10/17/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends About Atlas Lithium Stock (NASDAQ:ATLX) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Atlas Lithium alerts:Sign Up Key Stats Today's Range$7.45▼$7.9050-Day Range$6.41▼$11.7952-Week Range$6.25▼$34.00Volume52,554 shsAverage Volume89,107 shsMarket Capitalization$110.42 millionP/E RatioN/ADividend YieldN/APrice Target$33.17Consensus RatingBuy Company OverviewAtlas 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. The company also owns 100% interests in various mining concessions for gold, diamond, and industrial sand; and early-stage projects and properties in other minerals, such as nickel, copper, rare earths, graphite, and titanium; as well as participates in iron and quartzite projects. The company was formerly known as Brazil Minerals, Inc. and changed its name to Atlas Lithium Corporation in October 2022. Atlas Lithium Corporation was founded in 2011 and is based in Belo Horizonte, Brazil.Read More… Don’t Miss Out! 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The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageAtlas Lithium has only been the subject of 2 research reports in the past 90 days.Read more about Atlas Lithium's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Atlas Lithium are expected to grow in the coming year, from ($2.86) to $1.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Atlas Lithium is -1.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Atlas Lithium is -1.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAtlas Lithium has a P/B Ratio of 8.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Atlas Lithium's valuation and earnings. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted6.94% of the float of Atlas Lithium has been sold short.Short Interest Ratio / Days to CoverAtlas Lithium has a short interest ratio ("days to cover") of 5.7.Change versus previous monthShort interest in Atlas Lithium has recently increased by 29.41%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldAtlas Lithium does not currently pay a dividend.Dividend GrowthAtlas Lithium does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted6.94% of the float of Atlas Lithium has been sold short.Short Interest Ratio / Days to CoverAtlas Lithium has a short interest ratio ("days to cover") of 5.7.Change versus previous monthShort interest in Atlas Lithium has recently increased by 29.41%, indicating that investor sentiment is decreasing significantly. News and Social Media3.2 / 5News Sentiment0.71 News SentimentAtlas Lithium has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.35 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Atlas Lithium this week, compared to 1 article on an average week.Search Interest4 people have searched for ATLX on MarketBeat in the last 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Atlas Lithium insiders have not sold or bought any company stock.Percentage Held by Insiders37.30% of the stock of Atlas Lithium is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 18.35% of the stock of Atlas Lithium is held by institutions.Read more about Atlas Lithium's insider trading history. Receive ATLX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Atlas Lithium and its competitors with MarketBeat's FREE daily newsletter. Email Address ATLX Stock News HeadlinesAtlas Lithium (NASDAQ:ATLX) Stock, Short Interest ReportOctober 14 at 11:11 PM | benzinga.comAtlas Lithium (NASDAQ:ATLX) Stock Quotes, Forecast and News SummaryOctober 13, 2024 | benzinga.comI want to be very real with youListen, I don’t come at my readers this direct very often, but here goes nothing: There is one strategy that has helped change my life and I’d like to think it has changed the lives of some of my readers, too. We’ve had success stories but I won’t even show you here because I don’t want you to get unrealistic expectations since individual results do vary. But the point is, this thing is the real deal. There’s a reason I consider it my flagship, even with all the market advantages I’ve discovered in recent years.October 17, 2024 | DTI (Ad)Head to Head Comparison: Energy Fuels (NYSE:UUUU) versus Atlas Lithium (NASDAQ:ATLX)October 11, 2024 | americanbankingnews.comHead-To-Head Review: Atlas Lithium (NASDAQ:ATLX) and Energy Fuels (NYSE:UUUU)October 10, 2024 | americanbankingnews.comAtlas Lithium Co. (NASDAQ:ATLX) to Post FY2024 Earnings of ($2.78) Per Share, HC Wainwright ForecastsOctober 8, 2024 | americanbankingnews.comAtlas Lithium (NASDAQ: $ATLX) Recognized For Its Plant DesignOctober 3, 2024 | msn.com(SAGA.V)September 24, 2024 | finance.yahoo.comSee More Headlines ATLX Stock Analysis - Frequently Asked Questions How have ATLX shares performed this year? Atlas Lithium's stock was trading at $31.28 on January 1st, 2024. Since then, ATLX shares have decreased by 76.2% and is now trading at $7.46. View the best growth stocks for 2024 here. How were Atlas Lithium's earnings last quarter? Atlas Lithium Co. (NASDAQ:ATLX) posted its quarterly earnings results on Friday, August, 9th. The company reported ($0.85) earnings per share for the quarter, missing the consensus estimate of ($0.70) by $0.15. The business had revenue of $0.18 million for the quarter. When did Atlas Lithium IPO? Atlas Lithium (ATLX) raised $6 million in an initial public offering on Tuesday, January 10th 2023. The company issued 700,000 shares at $8.00-$10.00 per share. EF Hutton served as the underwriter for the IPO. How do I buy shares of Atlas Lithium? Shares of ATLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Atlas Lithium own? Based on aggregate information from My MarketBeat watchlists, some other companies that Atlas Lithium investors own include Palantir Technologies (PLTR), Oxford Lane Capital (OXLC), Tesla (TSLA), Moderna (MRNA), Sigma Lithium (SGML), Ford Motor (F) and Lithium Americas (LAC). Company Calendar Last Earnings8/09/2024Today10/17/2024Next Earnings (Estimated)10/18/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBasic Materials Industry Mining & quarrying of nonmetallic minerals, except fuels Sub-IndustryNon-Metallic And Industrial Metal Mining Current SymbolNASDAQ:ATLX CUSIPN/A CIK1540684 Webwww.atlas-lithium.com Phone833-661-7900FaxN/AEmployees10Year FoundedN/APrice Target and Rating Average Stock Price Target$33.17 High Stock Price Target$55.00 Low Stock Price Target$19.00 Potential Upside/Downside+344.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($4.75) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-41,390,000.00 Net MarginsN/A Pretax Margin-14,688.38% Return on Equity-466.99% Return on Assets-123.43% Debt Debt-to-Equity Ratio0.36 Current Ratio6.18 Quick Ratio6.15 Sales & Book Value Annual Sales$374,108.00 Price / Sales295.16 Cash FlowN/A Price / Cash FlowN/A Book Value$0.86 per share Price / Book8.67Miscellaneous Outstanding Shares14,802,000Free Float9,562,000Market Cap$110.42 million OptionableOptionable Beta-0.80 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. 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