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NASDAQ:ATLX

Atlas Lithium (ATLX) Stock Price, News & Analysis

Atlas Lithium logo
$6.52 -0.03 (-0.46%)
Closing price 04:00 PM Eastern
Extended Trading
$6.53 +0.01 (+0.15%)
As of 07:16 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Atlas Lithium Stock (NASDAQ:ATLX)

Key Stats

Today's Range
$6.41
$6.63
50-Day Range
$6.30
$7.93
52-Week Range
$6.12
$24.72
Volume
76,862 shs
Average Volume
90,357 shs
Market Capitalization
$100.54 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$33.17
Consensus Rating
Buy

Company Overview

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. 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.

Atlas Lithium Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
41st Percentile Overall Score

ATLX MarketRank™: 

Atlas Lithium scored higher than 41% of companies evaluated by MarketBeat, and ranked 161st out of 189 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Atlas Lithium has received a consensus rating of Buy. 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 Coverage

    Atlas Lithium has received no research coverage in the past 90 days.

  • Read more about Atlas Lithium's stock forecast and price target.
  • Earnings Growth

    Earnings for Atlas Lithium are expected to grow in the coming year, from ($2.79) to $1.69 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Atlas Lithium is -1.59, 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. Sector

    The P/E ratio of Atlas Lithium is -1.59, 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 Ratio

    Atlas Lithium has a P/B Ratio of 9.18. 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.
  • Percentage of Shares Shorted

    8.22% of the float of Atlas Lithium has been sold short.
  • Short Interest Ratio / Days to Cover

    Atlas Lithium has a short interest ratio ("days to cover") of 5.3.
  • Change versus previous month

    Short interest in Atlas Lithium has recently increased by 11.88%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Atlas Lithium does not currently pay a dividend.

  • Dividend Growth

    Atlas Lithium does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    8.22% of the float of Atlas Lithium has been sold short.
  • Short Interest Ratio / Days to Cover

    Atlas Lithium has a short interest ratio ("days to cover") of 5.3.
  • Change versus previous month

    Short interest in Atlas Lithium has recently increased by 11.88%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Atlas Lithium has a news sentiment score of 0.47. 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 news sentiment score is similar to the average news sentiment of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Atlas Lithium this week, compared to 1 article on an average week.
  • Search Interest

    Only 9 people have searched for ATLX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Atlas Lithium insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    37.30% 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 Institutions

    Only 18.35% of the stock of Atlas Lithium is held by institutions.

  • Read more about Atlas Lithium's insider trading history.
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ATLX Stock News Headlines

Atlas Lithium: A Risky Hold At The Margins
A deadly mistake in my prediction…
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
Atlas Lithium Corp. ATLX (U.S.: Nasdaq)
See More Headlines

ATLX Stock Analysis - Frequently Asked Questions

Atlas Lithium's stock was trading at $6.33 at the beginning of the year. Since then, ATLX shares have increased by 3.0% and is now trading at $6.52.
View the best growth stocks for 2025 here
.

Atlas Lithium Co. (NASDAQ:ATLX) posted its quarterly earnings results on Friday, November, 8th. The company reported ($0.60) earnings per share for the quarter, missing the consensus estimate of ($0.56) by $0.04. The company earned $0.17 million during the quarter.

Atlas Lithium (ATLX) raised $6 million in an initial public offering (IPO) on Tuesday, January 10th 2023. The company issued 700,000 shares at a price of $8.00-$10.00 per share. EF Hutton served as the underwriter for the IPO.

Top institutional shareholders of Atlas Lithium include Cross Staff Investments Inc (3.43%).
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Atlas Lithium investors own include Oxford Lane Capital (OXLC), Tesla (TSLA), Moderna (MRNA), Sigma Lithium (SGML), Ford Motor (F) and Lithium Americas (LAC).

Company Calendar

Last Earnings
11/08/2024
Today
1/28/2025
Next Earnings (Estimated)
3/26/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Industry
Mining & quarrying of nonmetallic minerals, except fuels
Sub-Industry
Non-Metallic And Industrial Metal Mining
Current Symbol
NASDAQ:ATLX
Fax
N/A
Employees
10
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$33.17
High Stock Price Target
$55.00
Low Stock Price Target
$19.00
Potential Upside/Downside
+411.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-40,770,000.00
Pretax Margin
-9,117.41%

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$0.71 per share

Miscellaneous

Free Float
9,666,000
Market Cap
$99.92 million
Optionable
Optionable
Beta
-1.36
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This page (NASDAQ:ATLX) was last updated on 1/28/2025 by MarketBeat.com Staff
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