NioCorp Developments (NASDAQ:NB – Get Free Report) and Atlas Lithium (NASDAQ:ATLX – Get Free Report) are both small-cap basic materials companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, dividends, earnings, analyst recommendations, profitability, institutional ownership and risk.
Insider & Institutional Ownership
4.0% of NioCorp Developments shares are owned by institutional investors. Comparatively, 18.4% of Atlas Lithium shares are owned by institutional investors. 19.1% of NioCorp Developments shares are owned by company insiders. Comparatively, 33.6% of Atlas Lithium shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Valuation & Earnings
This table compares NioCorp Developments and Atlas Lithium”s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| NioCorp Developments | N/A | N/A | -$17.41 million | ($0.34) | -22.32 |
| Atlas Lithium | $670,000.00 | 151.38 | -$42.24 million | ($2.18) | -2.38 |
NioCorp Developments has higher earnings, but lower revenue than Atlas Lithium. NioCorp Developments is trading at a lower price-to-earnings ratio than Atlas Lithium, indicating that it is currently the more affordable of the two stocks.
Risk and Volatility
NioCorp Developments has a beta of -0.18, suggesting that its share price is 118% less volatile than the S&P 500. Comparatively, Atlas Lithium has a beta of -0.88, suggesting that its share price is 188% less volatile than the S&P 500.
Analyst Ratings
This is a breakdown of recent ratings and target prices for NioCorp Developments and Atlas Lithium, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| NioCorp Developments | 1 | 0 | 3 | 0 | 2.50 |
| Atlas Lithium | 1 | 0 | 0 | 0 | 1.00 |
NioCorp Developments currently has a consensus price target of $6.63, suggesting a potential downside of 12.71%. Given NioCorp Developments’ stronger consensus rating and higher probable upside, analysts clearly believe NioCorp Developments is more favorable than Atlas Lithium.
Profitability
This table compares NioCorp Developments and Atlas Lithium’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| NioCorp Developments | N/A | -148.03% | -67.84% |
| Atlas Lithium | -9,881.20% | -143.98% | -57.22% |
Summary
NioCorp Developments beats Atlas Lithium on 7 of the 13 factors compared between the two stocks.
About NioCorp Developments
NioCorp Developments Ltd. engages in the exploration and development of mineral deposits in North America. It owns and develops the Elk Creek niobium/scandium/titanium project that owns one 226.43-acre parcel of land and associated mineral rights, and an additional 40 acres of mineral rights, as well as an optioned land package that covers an area of 1,396 acres located in Johnson County, southeast Nebraska. The company was formerly known as Quantum Rare Earth Developments Corp. and changed its name to NioCorp Developments Ltd. in March 2013. NioCorp Developments Ltd. was incorporated in 1987 and is headquartered in Centennial, Colorado.
About Atlas Lithium
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.
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