Atlas Lithium Corporation (ATLX)
NASDAQ:ATLX
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ATLX Stock Chart & Stats
$4.90
-$0.59(-7.87%)
At close: 4:00 PM EST
$4.90
-$0.59(-7.87%)
Day’s Range― - ―
52-Week Range$3.60 - $8.25
Previous Close$7.24
Volume91.49K
Average Volume (3M)914.03K
Market Cap
$123.57M
Enterprise Value$61.22M
Total Cash (Recent Filing)$34.36M
Total Debt (Recent Filing)$10.76M
Price to Earnings (P/E)―
Beta1.81
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.40
Shares Outstanding29,490,887
10 Day Avg. Volume1,053,659
30 Day Avg. Volume914,031
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)1.48
Price to Sales (P/S)833.89
P/FCF Ratio-2.48
Enterprise Value/Market Cap0.50
Enterprise Value/Revenue432.02
Enterprise Value/Gross Profit813.13
Enterprise Value/Ebitda-1.59
Forecast
1Y Price Target
$12.50Price Target Upside155.10% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.2
Revenue Forecast (FY)$54.41M
Bulls Say, Bears Say
Bulls Say
Funding And Path To Commercial ProductionAnalyst views the company as well-funded to advance to commercial production following an at-the-market capital raise, which reduces near-term financing risk for project completion.
Offtake Agreements And Commercial ScalingAnalyst highlights an offtake agreement with a major trading partner that secures a clear route for initial commercial sales and provides a platform to scale shipments, improving revenue visibility.
Project DevelopmentAnalyst considers progress toward Phase 1 production at the Das Neves project, including modular processing plant advances, to be pivotal for the company's commercial outlook and could support a valuation rerating as development milestones are reached.
Bears Say
Commodity Price VolatilityAnalyst identifies commodity price volatility as a risk that could compress margins and weaken project economics, increasing downside pressure on the stock.
Equity Dilution And Valuation ImpactAnalyst notes that recent equity dilution has partially offset valuation gains from site de-risking, which may pressure per-share valuation metrics.
Technical And Construction RiskAnalyst flags technical uncertainty in resource definition and potential construction cost overruns at the Das Neves project, risks that could delay production and raise additional capital needs.
Atlas Lithium News
ATLX FAQ
What was Atlas Lithium Corporation’s price range in the past 12 months?
Atlas Lithium Corporation lowest stock price was $3.60 and its highest was $8.25 in the past 12 months.
What is Atlas Lithium Corporation’s market cap?
Atlas Lithium Corporation’s market cap is $123.57M.
When is Atlas Lithium Corporation’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Atlas Lithium Corporation’s earnings last quarter?
Currently, no data Available
Is Atlas Lithium Corporation overvalued?
According to Wall Street analysts Atlas Lithium Corporation’s price is currently Undervalued.
Does Atlas Lithium Corporation pay dividends?
Atlas Lithium Corporation does not currently pay dividends.
What is Atlas Lithium Corporation’s EPS estimate?
Atlas Lithium Corporation’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Atlas Lithium Corporation have?
Atlas Lithium Corporation has 29,490,887 shares outstanding.
What happened to Atlas Lithium Corporation’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Atlas Lithium Corporation?
Currently, no hedge funds are holding shares in ATLX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Atlas Lithium Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$12.50 (155.10% Upside)
$12.50 (155.10% Upside)
Blogger Sentiment
Bearish
ATLX Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 79.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $117.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
Technicals
SMA
Positive
20 days / 200 days
Momentum
5.80%
12-Months-Change
Fundamentals
Return on Equity
-83.36%
Trailing 12-Months
Asset Growth
43.83%
Trailing 12-Months
Company Description
Atlas Lithium Corporation
Atlas Lithium Corporation operates as a mineral exploration and mining company in Brazil. It focuses on advancing and developing its 100%-owned hard-rock lithium project, which consists of 52 mineral rights covering an area of 56,078 acres that is located primarily in the municipality of Araçuaí in the Vale do Jequitinhonha region of the state of Minas Gerais in Brazil. It also owns 100% interests in various mining concessions for gold, diamond, and industrial sand; and 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 is based in Beverly Hills, California.
ATLX Stock 12 Month Forecast
Average Price Target
$12.50
▲(155.10% Upside)
Technical Analysis
Clearwater Paper
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Westwater Resources
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Loop Industries
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Sayona Mining Limited Unsponsored ADR
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Ownership Overview
19.81% Insiders
0.09% Mutual Funds
5.00% Other Institutional Investors
73.33% Public Companies and Individual Investors