Atlas Lithium (ATLX) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $3.81 to $3.98
• 50-Day Range: $3.73 to $5.13
• 52-Week Range: $3.54 to $13.70
• Volume: 67,551 shs
• Average Volume: 137,962 shs
• Market Capitalization: $68.95 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $22.25
• Consensus Rating: Buy

Atlas Lithium Stock Analysis - MarketRank™

Atlas Lithium scored higher than 55% of companies evaluated by MarketBeat, and ranked 102nd out of 189 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Atlas Lithium has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Atlas Lithium has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Atlas Lithium are expected to grow in the coming year, from ($2.79) to $1.69 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Atlas Lithium is -1.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Atlas Lithium is -1.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Atlas Lithium has a P/B Ratio of 2.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.88% of the float of Atlas Lithium has been sold short.

Short Interest Ratio / Days to Cover

Atlas Lithium has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Atlas Lithium has recently decreased by 19.76%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Atlas Lithium does not currently pay a dividend.

Dividend Growth

Atlas Lithium does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.88% of the float of Atlas Lithium has been sold short.

Short Interest Ratio / Days to Cover

Atlas Lithium has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Atlas Lithium has recently decreased by 19.76%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: N/A

Search Interest

22 people have searched for ATLX on MarketBeat in the last 30 days. This is an increase of 144% compared to the previous 30 days.

MarketBeat Follows

13 people have added Atlas Lithium to their MarketBeat watchlist in the last 30 days. This is an increase of 160% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Atlas Lithium insiders have not sold or bought any company stock.

Percentage Held by Insiders

33.60% of the stock of Atlas Lithium is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 18.35% of the stock of Atlas Lithium is held by institutions.

ATLX Stock Analysis - Frequently Asked Questions

How have ATLX shares performed this year?

Atlas Lithium's stock was trading at $6.33 on January 1st, 2025. Since then, ATLX shares have decreased by 38.9% and is now trading at $3.8650.

How were Atlas Lithium's earnings last quarter?

Atlas Lithium Corporation (NASDAQ:ATLX) posted its quarterly earnings results on Friday, May, 9th. The company reported ($0.55) EPS for the quarter, missing the consensus estimate of ($0.50) by $0.05. The business had revenue of $0.03 million for the quarter, compared to analyst estimates of $15.40 million. Atlas Lithium had a negative trailing twelve-month return on equity of 166.50% and a negative net margin of 8,115.34%.

When did Atlas Lithium IPO?

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

What other stocks do shareholders of Atlas Lithium own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Atlas Lithium investors own include Oxford Lane Capital (OXLC), Tesla (TSLA), Moderna (MRNA), Sigma Lithium (SGML), Ford Motor (F) and Lithium Americas (LAC).

Company Calendar

• Last Earnings: 5/09/2025
• Today: 7/05/2025
• Next Earnings (Estimated): 8/08/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Basic Materials
• Industry: MINING - MISC
• Sub-Industry: Non-Metallic And Industrial Metal Mining
• Current Symbol: NASDAQ:ATLX
• CIK: 1540684
• Web: www.atlas-lithium.com
• Phone: 833-661-7900
• Fax: N/A
• Employees: 10
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $22.25
• High Stock Price Target: $25.50
• Low Stock Price Target: $19.00
• Potential Upside/Downside: +475.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): ($2.72)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$42.24 million
• Net Margins: -8,115.34%
• Pretax Margin: -8,251.79%
• Return on Equity: -166.50%
• Return on Assets: -67.24%

Debt

• Debt-to-Equity Ratio: 0.40
• Current Ratio: 2.33
• Quick Ratio: 2.26

Sales & Book Value

• Annual Sales: $670 thousand
• Price / Sales: 102.91
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.43 per share
• Price / Book: 2.70

Miscellaneous

• Outstanding Shares: 17,840,000
• Free Float: 11,844,000
• Market Cap: $68.95 million
• Optionable: Optionable
• Beta: -0.86