NASDAQ:ATLX Atlas Lithium (ATLX) Stock Price, News & Analysis $6.61 +0.03 (+0.46%) (As of 10/4/2024 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$6.45▼$6.9450-Day Range$6.41▼$11.7952-Week Range$6.25▼$34.00Volume201,839 shsAverage Volume86,552 shsMarket Capitalization$97.84 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… Who are Nvidia’s New Silent Partners? (Ad)Nvidia knows it can’t stand still as AI continues to grow at an exponential rate. That’s why CEO Jensen Huang consistently has his company ahead of the curve when it comes to artificial intelligence. Nvidia’s added $2 trillion in market cap in 2024.I call these Nvidia’s “Silent Partners.” Atlas Lithium Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks44th Percentile Overall ScoreATLX MarketRank™: Atlas Lithium scored higher than 44% of companies evaluated by MarketBeat, and ranked 137th out of 193 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.5 / 5Analyst RatingBuy Consensus RatingAtlas 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 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 ($2.93) to $0.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Atlas Lithium is -1.39, 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 -1.39, 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 7.69. 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 Shorted5.83% 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.Change versus previous monthShort interest in Atlas Lithium has recently increased by 4.17%, indicating that investor sentiment is decreasing. 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 Shorted5.83% 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.Change versus previous monthShort interest in Atlas Lithium has recently increased by 4.17%, indicating that investor sentiment is decreasing. News and Social Media2.3 / 5News Sentiment0.20 News SentimentAtlas Lithium has a news sentiment score of 0.20. 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 lower news sentiment than the 0.44 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Atlas Lithium this week, compared to 1 article on an average week.Search Interest1 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) Receives "Buy" Rating from HC WainwrightOctober 4 at 7:53 AM | americanbankingnews.comAtlas Lithium (NASDAQ: $ATLX) Recognized For Its Plant DesignOctober 3 at 6:43 AM | msn.comNext opportunity for crypto millionsThe floodgates have opened. Bitcoin and Ethereum ETFs are seeing record-breaking inflows, the biggest since they first opened to investors. Wall Street is finally embracing crypto. But most investors are missing the real goldmine… October 6, 2024 | Crypto 101 Media (Ad)(SAGA.V)September 24, 2024 | finance.yahoo.comAtlas Lithium moves toward key permitting for Neves project in BrazilSeptember 23, 2024 | seekingalpha.comAtlas Lithium Corporation: Atlas Lithium Recognized for Its Plant DesignAugust 27, 2024 | finanznachrichten.deQ3's Rising Stars: 7 Lithium Stocks for Your Must-Watch ListAugust 12, 2024 | investorplace.com5 Stocks Under $10 Growing 50% Or MoreAugust 11, 2024 | 247wallst.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 at the beginning of 2024. Since then, ATLX shares have decreased by 78.9% and is now trading at $6.61. View the best growth stocks for 2024 here. How were Atlas Lithium's earnings last quarter? Atlas Lithium Co. (NASDAQ:ATLX) issued 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 business had revenue of $0.18 million for the quarter. When did Atlas Lithium IPO? Atlas Lithium (ATLX) raised $6 million in an IPO 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. Company Calendar Last Earnings8/09/2024Today10/06/2024Next 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+401.8%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 / Sales261.53 Cash FlowN/A Price / Cash FlowN/A Book Value$0.86 per share Price / Book7.69Miscellaneous Outstanding Shares14,802,000Free Float9,281,000Market Cap$97.84 million OptionableOptionable Beta-0.80 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. 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