Atlas Lithium Corporation (ATLX)
NASDAQ:ATLX
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$3.32 - $8.25
Previous Close$7.24
Volume91.49K
Average Volume (3M)940.45K
Market Cap
$110.00M
Enterprise Value$61.83M
Total Cash (Recent Filing)$34.36M
Total Debt (Recent Filing)$10.76M
Price to Earnings (P/E)―
Beta1.87
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding29,490,887
10 Day Avg. Volume1,030,257
30 Day Avg. Volume940,448
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 Cap0.56
Enterprise Value/Revenue436.30
Enterprise Value/Gross Profit821.19
Enterprise Value/Ebitda-1.63
Forecast
1Y Price Target
$12.50Price Target Upside155.10% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 $3.32 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 $110.00M.
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
Underperform
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10
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 ▼ 0.9%
Last 30 Days ▼ 5.6%
Last 30 Days ▼ 5.6%
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 (ATLX), based in Beverly Hills, California, operates as a mineral exploration and development firm primarily in Brazil. Its central objective is the advancement and expansion of its wholly-owned hard-rock lithium venture. This significant undertaking encompasses 52 distinct mineral rights, covering a total area of 56,078 acres, predominantly located within the Araçuaí municipality in the Vale do Jequitinhonha region of Brazil's Minas Gerais state. Beyond its lithium focus, the company also holds full ownership of various mining concessions for precious metals like gold, gemstones such as diamonds, and industrial sand, and it actively participates in iron and quartzite projects. The enterprise was previously known as Brazil Minerals, Inc., rebranding as Atlas Lithium Corporation in October 2022.
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
19.64% Insiders
0.09% Mutual Funds
5.00% Other Institutional Investors
73.28% Public Companies and
Individual Investors