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NASDAQ:ATLX

Atlas Lithium (ATLX) Stock Price, News & Analysis

$11.39
+0.17 (+1.52%)
(As of 07/26/2024 ET)
Today's Range
$11.00
$11.53
50-Day Range
$9.45
$17.65
52-Week Range
$9.30
$34.00
Volume
18,227 shs
Average Volume
84,986 shs
Market Capitalization
$168.57 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$44.00

Atlas Lithium MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
255.6% Upside
$40.50 Price Target
Short Interest
Bearish
4.93% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.16mentions of Atlas Lithium in the last 14 days
Based on 7 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.

1.60 out of 5 stars

Basic Materials Sector

145th out of 175 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

18th 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

Atlas Lithium Corporation (C480.F)
Atlas Lithium Corporation Registered Shs
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Company Calendar

Last Earnings
5/15/2024
Today
7/26/2024
Next Earnings (Estimated)
8/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Mining & quarrying of nonmetallic minerals, except fuels
Sub-Industry
Non-Metallic And Industrial Metal Mining
Current Symbol
NASDAQ:ATLX
Fax
N/A
Employees
10
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$44.00
High Stock Price Target
$55.00
Low Stock Price Target
$36.00
Potential Upside/Downside
+282.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-41,390,000.00
Pretax Margin
-27,461.50%

Debt

Sales & Book Value

Annual Sales
$10,000.00
Price / Sales
17,005.20
Book Value
$0.86 per share

Miscellaneous

Free Float
9,281,000
Market Cap
$170.05 million
Optionable
Optionable
Beta
-0.73
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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. (Age 52)
    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

How have ATLX shares performed this year?

Atlas Lithium's stock was trading at $31.28 at the beginning of the year. Since then, ATLX shares have decreased by 63.6% and is now trading at $11.39.
View the best growth stocks for 2024 here
.

How were Atlas Lithium's earnings last quarter?

Atlas Lithium Co. (NASDAQ:ATLX) announced its earnings results on Wednesday, May, 15th. The company reported ($1.29) earnings per share for the quarter, missing the consensus estimate of ($0.73) by $0.56. The firm earned $0.19 million during the quarter.

When did Atlas Lithium IPO?

Atlas Lithium (ATLX) raised $6 million in an initial public offering on Tuesday, January 10th 2023. The company issued 700,000 shares at $8.00-$10.00 per share. EF Hutton served as the underwriter for the IPO.

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 7/26/2024 by MarketBeat.com Staff

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