NASDAQ:ATLX

Atlas Lithium (ATLX) Stock Price, News & Analysis

$14.43
-0.27 (-1.84%)
(As of 05/3/2024 ET)
Today's Range
$14.40
$15.29
50-Day Range
$12.07
$19.30
52-Week Range
$11.80
$34.00
Volume
57,493 shs
Average Volume
65,237 shs
Market Capitalization
$211.26 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$43.67

Atlas Lithium MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
202.6% Upside
$43.67 Price Target
Short Interest
Healthy
3.88% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Atlas Lithium in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.81 out of 5 stars

Basic Materials Sector

132nd out of 172 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

15th out of 20 stocks

ATLX stock logo

About Atlas Lithium Stock (NASDAQ:ATLX)

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.

ATLX Stock Price History

ATLX Stock News Headlines

Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Head-To-Head Review: Atlas Lithium (ATLX) and Its Competitors
Critical Analysis: Atlas Lithium (ATLX) versus The Competition
Critical Survey: Atlas Lithium (ATLX) vs. Its Rivals
Contrasting Atlas Lithium (ATLX) & Its Competitors
Atlas Lithium (ATLX) & Its Rivals Head to Head Contrast
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Analyzing Atlas Lithium (ATLX) & Its Rivals
Comparing Atlas Lithium (ATLX) & Its Competitors
Atlas Lithium (ATLX) vs. Its Peers Head to Head Comparison
Atlas Lithium (ATLX) and Its Competitors Head-To-Head Analysis
The 3 Best Lithium Stocks to Buy in April 2024
7 Lithium Stocks to Buy on the Dip: March 2024
7 Lithium Stocks Ready for a Major Comeback
7 Lithium Stocks Built for the Long Haul
See More Headlines
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Company Calendar

Last Earnings
3/27/2024
Today
5/05/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Mining & quarrying of nonmetallic minerals, except fuels
Sub-Industry
N/A
Current Symbol
NASDAQ:ATLX
Fax
N/A
Employees
76
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$43.67
High Stock Price Target
$55.00
Low Stock Price Target
$36.00
Potential Upside/Downside
+202.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-41,390,000.00
Pretax Margin
-4,539,031.50%

Debt

Sales & Book Value

Annual Sales
$10,000.00
Price / Sales
21,125.52
Book Value
$0.86 per share

Miscellaneous

Free Float
9,180,000
Market Cap
$211.26 million
Optionable
Optionable
Beta
-0.34
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Key Executives

  • Dr. Marc Fogassa M.D. (Age 58)
    Chairman, CEO & President
    Comp: $488.4k
  • Mr. Gustavo Pereira de Aguiar (Age 40)
    CFO, Principal Accounting Officer & Treasurer
    Comp: $184.69k
  • Mr. Brian W. Bernier (Age 65)
    Vice President of Investor Relations
    Comp: $341.9k
  • Mr. Brian Colin Talbot B.Sc.
    COO & Director
  • Mr. Joel de Paiva Monteiro Esq. (Age 33)
    Chief of ESG, VP of Administration & Operations and Secretary
  • Mr. James Abson
    Chief Geological Officer
  • Mr. Nicholas Rowley BCom (Age 39)
    Vice President of Business Development

ATLX Stock Analysis - Frequently Asked Questions

Should I buy or sell Atlas Lithium stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Atlas Lithium in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ATLX shares.
View ATLX analyst ratings
or view top-rated stocks.

What is Atlas Lithium's stock price target for 2024?

3 Wall Street research analysts have issued 1-year price targets for Atlas Lithium's stock. Their ATLX share price targets range from $36.00 to $55.00. On average, they anticipate the company's share price to reach $43.67 in the next twelve months. This suggests a possible upside of 202.6% from the stock's current price.
View analysts price targets for ATLX
or view top-rated stocks among Wall Street analysts.

How have ATLX shares performed in 2024?

Atlas Lithium's stock was trading at $31.28 at the beginning of 2024. Since then, ATLX stock has decreased by 53.9% and is now trading at $14.43.
View the best growth stocks for 2024 here
.

Are investors shorting Atlas Lithium?

Atlas Lithium saw a decline in short interest in April. As of April 15th, there was short interest totaling 168,900 shares, a decline of 39.5% from the March 31st total of 279,200 shares. Based on an average daily volume of 96,400 shares, the short-interest ratio is currently 1.8 days. Approximately 3.9% of the shares of the stock are sold short.
View Atlas Lithium's Short Interest
.

When is Atlas Lithium's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our ATLX earnings forecast
.

How were Atlas Lithium's earnings last quarter?

Atlas Lithium Co. (NASDAQ:ATLX) posted its quarterly earnings data on Wednesday, March, 27th. The company reported ($1.35) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.47) by $0.88.

What ETF holds Atlas Lithium's stock?

Sprott Lithium Miners ETF holds 2,010 shares of ATLX stock, representing 0.49% of its portfolio.

When did Atlas Lithium IPO?

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 acted as the underwriter for the IPO.

Who are Atlas Lithium's major shareholders?

Atlas Lithium's stock is owned by a variety of institutional and retail investors. Top institutional investors include Cross Staff Investments Inc (1.45%), Thomist Capital Management LP (1.10%), U S Global Investors Inc. (0.02%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%).
View institutional ownership trends
.

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.

This page (NASDAQ:ATLX) was last updated on 5/5/2024 by MarketBeat.com Staff

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