NASDAQ:ATLX

Atlas Lithium (ATLX) Stock Price, News & Analysis

$14.67
+0.62 (+4.41%)
(As of 04/26/2024 ET)
Today's Range
$13.80
$14.78
50-Day Range
$12.07
$19.30
52-Week Range
$11.80
$45.00
Volume
30,853 shs
Average Volume
87,049 shs
Market Capitalization
$187.34 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$43.67

Atlas Lithium MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
197.7% Upside
$43.67 Price Target
Short Interest
Healthy
3.88% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.22mentions of Atlas Lithium in the last 14 days
Based on 11 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.

2.63 out of 5 stars

Basic Materials Sector

106th out of 170 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

11th out of 19 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 (ATLX) & Its Rivals Head to Head Contrast
Analyzing Atlas Lithium (ATLX) & Its Rivals
The “Next Bitcoin”? 10 CENT Crypto Set to Explode
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
Comparing Atlas Lithium (ATLX) & Its Competitors
Atlas Lithium (ATLX) vs. Its Peers Head to Head Comparison
Atlas Lithium (ATLX) and Its Competitors Head-To-Head Analysis
Head to Head Review: Atlas Lithium (ATLX) & The Competition
The “Next Bitcoin”? 10 CENT Crypto Set to Explode
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
Atlas Lithium (ATLX) versus Its Peers Head to Head Comparison
Atlas Lithium (ATLX) & Its Competitors Critical Review
Financial Comparison: Atlas Lithium (ATLX) & Its Competitors
Head to Head Contrast: Atlas Lithium (ATLX) & The Competition
Comparing Atlas Lithium (ATLX) and The Competition
Reviewing Atlas Lithium (ATLX) & Its Rivals
The 3 Best Lithium Stocks to Buy in April 2024
7 Lithium Stocks to Buy on the Dip: March 2024
7 Lithium Stocks Ready for a Major Comeback
See More Headlines
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Company Calendar

Last Earnings
3/27/2024
Today
4/28/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Mining & quarrying of nonmetallic minerals, except fuels
Sub-Industry
N/A
Current Symbol
NASDAQ:ATLX
Fax
N/A
Employees
76
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$43.67
High Stock Price Target
$55.00
Low Stock Price Target
$36.00
Potential Upside/Downside
+197.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-41,390,000.00
Pretax Margin
-4,539,031.50%

Debt

Sales & Book Value

Annual Sales
$10,000.00
Price / Sales
18,733.59
Book Value
$0.86 per share

Miscellaneous

Free Float
8,007,000
Market Cap
$187.34 million
Optionable
Optionable
Beta
-1.14
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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.
    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

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 twelve months. 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 equities research analysts have issued twelve-month price objectives for Atlas Lithium's stock. Their ATLX share price targets range from $36.00 to $55.00. On average, they predict the company's share price to reach $43.67 in the next year. This suggests a possible upside of 197.7% 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 on January 1st, 2024. Since then, ATLX shares have decreased by 53.1% and is now trading at $14.67.
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. Approximately 3.9% of the shares of the company are short sold.
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) released its quarterly earnings results on Wednesday, March, 27th. The company reported ($1.35) earnings per share for the quarter, missing analysts' consensus estimates 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 $8.00-$10.00 per share. EF Hutton served 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 shareholders include U S Global Investors Inc. (0.02%) and Simplex Trading LLC (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 4/28/2024 by MarketBeat.com Staff

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