Analysts Set Expectations for Atlas Lithium FY2026 Earnings

Atlas Lithium Corporation (NASDAQ:ATLX) – Stock analysts at HC Wainwright issued their FY2026 earnings estimates for Atlas Lithium in a report released on Thursday, February 5th. HC Wainwright analyst H. Ihle forecasts that the company will earn ($0.20) per share for the year. HC Wainwright has a “Buy” rating and a $12.00 price objective on the stock. The consensus estimate for Atlas Lithium’s current full-year earnings is ($2.79) per share.

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Atlas Lithium in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Atlas Lithium has a consensus rating of “Hold” and a consensus target price of $12.00.

Atlas Lithium Trading Up 8.0%

Shares of Atlas Lithium stock opened at $4.72 on Friday. The company has a current ratio of 3.69, a quick ratio of 3.61 and a debt-to-equity ratio of 0.28. Atlas Lithium has a twelve month low of $3.54 and a twelve month high of $8.25. The firm has a market capitalization of $113.52 million, a PE ratio of -2.45 and a beta of -0.76. The firm’s 50-day moving average price is $4.95 and its 200 day moving average price is $5.15.

Atlas Lithium (NASDAQ:ATLX) last announced its earnings results on Thursday, November 13th. The company reported ($0.35) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.64) by $0.29. Atlas Lithium had a negative net margin of 9,881.20% and a negative return on equity of 120.64%.

Institutional Investors Weigh In On Atlas Lithium

Several hedge funds and other institutional investors have recently bought and sold shares of ATLX. Alps Advisors Inc. acquired a new position in Atlas Lithium in the 3rd quarter valued at about $57,000. Virtu Financial LLC purchased a new stake in shares of Atlas Lithium during the 3rd quarter valued at approximately $153,000. Marshall Wace LLP acquired a new position in Atlas Lithium in the second quarter valued at approximately $258,000. Connective Capital Management LLC acquired a new stake in Atlas Lithium during the third quarter worth $405,000. Finally, First Wilshire Securities Management Inc. raised its position in Atlas Lithium by 210.3% in the second quarter. First Wilshire Securities Management Inc. now owns 187,378 shares of the company’s stock valued at $708,000 after purchasing an additional 126,994 shares during the period. 18.35% of the stock is currently owned by institutional investors and hedge funds.

Atlas Lithium Company Profile

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.