NASDAQ:ATLX Atlas Lithium (ATLX) Stock Price, News & Analysis → Could Your Accounts Be Frozen? (From Allegiance Gold) (Ad) Free ATLX Stock Alerts $14.70 -0.30 (-2.00%) (As of 05/2/2024 ET) Add Compare Share Share Today's Range$14.50▼$15.4550-Day Range$12.07▼$19.3052-Week Range$11.80▼$44.96Volume50,413 shsAverage Volume87,763 shsMarket Capitalization$215.22 millionP/E RatioN/ADividend YieldN/APrice Target$43.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Atlas Lithium alerts: Email Address Atlas Lithium MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside197.1% Upside$43.67 Price TargetShort InterestHealthy3.88% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.21Based on 10 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.2.41 out of 5 starsBasic Materials Sector107th out of 174 stocksMining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry9th out of 19 stocks 3.5 Analyst's Opinion Consensus RatingAtlas Lithium has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageAtlas Lithium has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.88% of the float of Atlas Lithium has been sold short.Short Interest Ratio / Days to CoverAtlas Lithium has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Atlas Lithium has recently decreased by 39.51%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldAtlas Lithium does not currently pay a dividend.Dividend GrowthAtlas Lithium does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ATLX. Previous Next 1.8 News and Social Media Coverage News SentimentAtlas Lithium has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.32 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Atlas Lithium this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for ATLX on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Atlas Lithium to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Atlas Lithium insiders have not sold or bought any company stock.Percentage Held by Insiders37.30% 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 InstitutionsOnly 18.35% of the stock of Atlas Lithium is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Atlas Lithium is -3.62, 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. SectorThe P/E ratio of Atlas Lithium is -3.62, 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 RatioAtlas Lithium has a P/B Ratio of 17.09. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchUrgent dollar warningYour 2024 Election Money Blueprint Voters are angrier than ever, and it's likely to keep getting worse. The media and Wall Street keep declaring how great the economy supposedly is... but no one – besides the ultra-rich – seems to feel that way. Protect yourself with this one simple move today.Find out for free here. 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.Read More ATLX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ATLX Stock News HeadlinesMay 1, 2024 | theglobeandmail.com2024 Set To Be a Rebound Year For South American Lithium ProjectsApril 30, 2024 | finanznachrichten.deUSA News Group: South American Lithium Projects Set to Flourish in Battery Metal's Projected 2024 Rebound YearMay 3, 2024 | StockEarnings (Ad)The AI stock to buy right nowThere are about 350,000 large corporations worldwide. Can you see the potential for this AI company to grow like crazy?April 30, 2024 | americanbankingnews.comHead-To-Head Review: Atlas Lithium (ATLX) and Its CompetitorsApril 30, 2024 | americanbankingnews.comCritical Analysis: Atlas Lithium (ATLX) versus The CompetitionApril 29, 2024 | americanbankingnews.comCritical Survey: Atlas Lithium (ATLX) vs. Its RivalsApril 29, 2024 | americanbankingnews.comContrasting Atlas Lithium (ATLX) & Its CompetitorsApril 28, 2024 | americanbankingnews.comAtlas Lithium (ATLX) & Its Rivals Head to Head ContrastMay 3, 2024 | StockEarnings (Ad)The AI stock to buy right nowThere are about 350,000 large corporations worldwide. Can you see the potential for this AI company to grow like crazy?April 26, 2024 | americanbankingnews.comAnalyzing Atlas Lithium (ATLX) & Its RivalsApril 26, 2024 | americanbankingnews.comComparing Atlas Lithium (ATLX) & Its CompetitorsApril 26, 2024 | americanbankingnews.comAtlas Lithium (ATLX) vs. Its Peers Head to Head ComparisonApril 25, 2024 | americanbankingnews.comCritical Contrast: Atlas Lithium (NASDAQ:ATLX) versus American Battery Technology (NASDAQ:ABAT)April 25, 2024 | americanbankingnews.comAtlas Lithium (ATLX) and Its Competitors Head-To-Head AnalysisApril 23, 2024 | americanbankingnews.comHead to Head Review: Atlas Lithium (ATLX) & The CompetitionApril 23, 2024 | americanbankingnews.comAtlas Lithium (ATLX) versus Its Peers Head to Head ComparisonApril 17, 2024 | msn.comAtlas Lithium (ATLX) Price Target Decreased by 21.08% to 44.54April 12, 2024 | msn.comUS Steel Delays Deal With Nippon; Atlas Lithium Secures New Financing; ATI Completes Expansion And More: Friday's Top Mining StoriesApril 4, 2024 | investorplace.comThe 3 Best Lithium Stocks to Buy in April 2024April 3, 2024 | finance.yahoo.comBreakeven On The Horizon For Atlas Lithium Corporation (NASDAQ:ATLX)April 1, 2024 | investorplace.com7 Lithium Stocks to Buy on the Dip: March 2024March 28, 2024 | marketwatch.comAtlas Lithium Shares Gain 15% With $30 Million Investment From MitsuiMarch 28, 2024 | markets.businessinsider.comAtlas Lithium Rallies 19% In Pre-market On Getting $30 Mln Strategic Investment From MitsuiMarch 28, 2024 | msn.comAtlas Lithium bags $30M investment from Mitsui, signs offtake agreementMarch 28, 2024 | marketwatch.comMitsui & Co.: To Invest $30 Million in Atlas LithiumMarch 22, 2024 | investorplace.com7 Lithium Stocks Ready for a Major ComebackMarch 22, 2024 | msn.comLithium industry veteran Brian Talbot to join Atlas Lithium as COOSee More Headlines Receive ATLX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Atlas Lithium and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/27/2024Today5/02/2024Next Earnings (Estimated)5/20/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBasic Materials Industry Mining & quarrying of nonmetallic minerals, except fuels Sub-IndustryN/A Current SymbolNASDAQ:ATLX CUSIPN/A CIK1540684 Webwww.atlas-lithium.com Phone833-661-7900FaxN/AEmployees76Year FoundedN/APrice Target and Rating Average Stock Price Target$43.67 High Stock Price Target$55.00 Low Stock Price Target$36.00 Potential Upside/Downside+191.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($4.06) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-41,390,000.00 Net MarginsN/A Pretax Margin-4,539,031.50% Return on Equity-550.97% Return on Assets-146.10% Debt Debt-to-Equity Ratio1.04 Current Ratio5.24 Quick Ratio5.24 Sales & Book Value Annual Sales$10,000.00 Price / Sales21,930.72 Cash FlowN/A Price / Cash FlowN/A Book Value$0.86 per share Price / Book17.42Miscellaneous Outstanding Shares14,640,000Free Float9,180,000Market Cap$219.31 million OptionableOptionable Beta-0.33 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesDr. Marc Fogassa M.D. (Age 58)Chairman, CEO & President Comp: $488.4kMr. Gustavo Pereira de Aguiar (Age 40)CFO, Principal Accounting Officer & Treasurer Comp: $184.69kMr. Brian W. Bernier (Age 65)Vice President of Investor Relations Comp: $341.9kMr. Brian Colin Talbot B.Sc.COO & DirectorMr. Joel de Paiva Monteiro Esq. (Age 33)Chief of ESG, VP of Administration & Operations and Secretary Mr. James AbsonChief Geological OfficerMr. Nicholas Rowley BCom (Age 39)Vice President of Business Development More ExecutivesKey CompetitorsPiedmont LithiumNASDAQ:PLLIntrepid PotashNYSE:IPI5E Advanced MaterialsNASDAQ:FEAMCentrus EnergyNYSE:LEUOsisko DevelopmentNYSE:ODVView All CompetitorsInstitutional OwnershipCross Staff Investments IncSold 3,150 shares on 5/2/2024Ownership: 1.451%Thomist Capital Management LPSold 29,683 shares on 4/30/2024Ownership: 1.097%Simplex Trading LLCBought 200 shares on 4/25/2024Ownership: 0.000%U S Global Investors Inc.Sold 1,000 shares on 4/24/2024Ownership: 0.023%Tower Research Capital LLC TRC Bought 1,061 shares on 2/13/2024Ownership: 0.010%View All Institutional Transactions ATLX Stock Analysis - Frequently Asked Questions Should I buy or sell Atlas Lithium stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Atlas Lithium in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ATLX shares. View ATLX analyst ratings or view top-rated stocks. What is Atlas Lithium's stock price target for 2024? 3 brokers have issued twelve-month target prices for Atlas Lithium's shares. Their ATLX share price targets range from $36.00 to $55.00. On average, they predict the company's stock price to reach $43.67 in the next twelve months. This suggests a possible upside of 197.1% from the stock's current price. View analysts price targets for ATLX or view top-rated stocks among Wall Street analysts. How have ATLX shares performed in 2024? Atlas Lithium's stock was trading at $31.28 at the start of the year. Since then, ATLX stock has decreased by 53.0% and is now trading at $14.70. View the best growth stocks for 2024 here. Are investors shorting Atlas Lithium? Atlas Lithium saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 168,900 shares, a decline of 39.5% from the March 31st total of 279,200 shares. Based on an average daily volume of 96,400 shares, the days-to-cover ratio is presently 1.8 days. Currently, 3.9% of the company's shares are sold short. View Atlas Lithium's Short Interest. When is Atlas Lithium's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024. View our ATLX earnings forecast. How were Atlas Lithium's earnings last quarter? Atlas Lithium Co. (NASDAQ:ATLX) issued its earnings results on Wednesday, March, 27th. The company reported ($1.35) earnings per share for the quarter, missing the consensus estimate of ($0.47) by $0.88. What ETF holds Atlas Lithium's stock? Sprott Lithium Miners ETF holds 2,010 shares of ATLX stock, representing 0.49% of its portfolio. 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 a price of $8.00-$10.00 per share. EF Hutton acted as the underwriter for the IPO. Who are Atlas Lithium's major shareholders? Atlas Lithium's stock is owned by many different institutional and retail investors. Top institutional investors include Cross Staff Investments Inc (1.45%), Thomist Capital Management LP (1.10%), U S Global Investors Inc. (0.02%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). View institutional ownership trends. 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 5/3/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldThe AI stock to buy right nowStockEarningsCould Your Accounts Be Frozen?Allegiance GoldUrgent Nvidia WarningAltimetry$5,000 Gold?Stansberry ResearchBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressThe A.I. story nobody is telling you (Read ASAP)TradeSmithTruth about Trump you’ve never heardPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Atlas Lithium Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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