Is Atlas Lithium Corporation (ATLX) a Buy, Sell, or Hold?
Atlas Lithium Corporation
NASDAQ:ATLX
$3.19 USD
$0.02 (0.63%)
- Volume
- 298.48K
- Average Volume
- 759.49K
- Market Capitalization
- $64.58M
- P/E Ratio
- -2.28
- Dividend Yield
- 0.00%
- Price Target
- $12.50
- Year High
- $8.25
- Year Low
- $3.07
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $2.52
Industry, Sector & symbol
| Stock Exchange | NASDAQ |
| CEO | Marc Fogassa |
| Industry | Other Precious Metals |
| Sector | Basic Materials |
| Current Symbol | ATLX |
| CUSIP | 105861306 |
| CIK | 0001540684 |
| Web | https://www.atlas-lithium.com |
| Phone | 833 661 7900 |
| Currency | USD |
| Employees | 64 |
| Country | BR |
Liquidity
| Debt-to-Equity Ratio | 0.24 |
| Payout Ratio | 0.00 |
| Current Ratio | 2.52 |
| Quick Ratio | 2.49 |
| Cash Ratio | 2.38 |
Sales & Book Value
| Annual Sales | $92491 |
| Price / Sales | 455.71 |
| Cash Flow | -1.27 |
| Price / Cash Flow | -1.87 |
| Price / Book | 1.91 |
Price Target and Rating
| Average Stock Price Forecast | $12.50 |
| High Stock Price Forecast | $12.50 |
| Low Stock Price Forecast | $12.50 |
| Forecast Upside/Downside | -74.48% |
| Consensus Rating | Sell |
| Rating Score(0-5) | 2 |
| Research Coverage | 4 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $-1.54 |
| Trailing P/E Ratio | -2.28 |
| PEG Ratio | 0.01 |
| P/E Growth | 0.01 |
| Net Income | $-28.11M |
| Net Margin | -23042.05% |
| Pretax Margin | -26977.98% |
| Return on Equity | -83.36% |
| Return on Assets | -37.34% |
Financials Score
| AltmanZ Score | -2.96 |
| Piotroski Score | 4.00 |
| Working Capital | 21.95M |
| Total Assets | 87.45M |
| Ebit | -38.05M |
| Market Cap | 64.17M |
| Total Liabilities | 34.72M |
Poll Results
About Atlas Lithium Corporation (NASDAQ:ATLX) Stock
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 Lithi ... um Corporation in October 2022.
Atlas Lithium Receives Strong Product Demand; On Track for Commercial Production in 2027
2026-07-13 07:30:00
Boca Raton, Florida--(Newsfile Corp. - July 13, 2026) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or the "Company") today announced that it is on track for first commercial production of lithium oxide concentrate in the fourth quarter of 2027. The Company's 100%-owned and fully permitted Neves Project will feature a vertically integrated mining and processing industrial complex designed to produce approximately 150,000 tonnes of high-quality lithium oxide concentrate per year, a key component of the global battery supply chain for electric vehicles and energy storage systems.
Atlas Lithium Corporation: A Speculative Buy As Neves Moves Closer To Production
2026-07-02 01:33:53
Atlas Lithium Corporation is advancing the Neves Project in Brazil, transitioning from exploration to near-term lithium production. I assign ATLX a speculative Buy, citing a 145% after-tax IRR, $539M NPV, and strong Mitsui partnership, but emphasize high execution and financing risk. ATLX trades at ~20% of Neves' DFS NPV, reflecting a significant market discount for pre-production risk and lithium price volatility.
Atlas Lithium Granted Expansion Permit for Its Neves Project
2026-06-29 07:30:00
Boca Raton, Florida--(Newsfile Corp. - June 29, 2026) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or the "Company"), a leading developer of lithium resources, is pleased to announce that it has received the expansion permit for its 100%-owned Neves Project in Minas Gerais, Brazil. Details can be found in the Current Report on Form 8-K filed with the Securities and Exchange Commission today.
Atlas Lithium CEO to Deliver Keynote Address at the 3rd Brazil Lithium & Critical Minerals Summit
2026-06-17 07:30:00
Boca Raton, Florida--(Newsfile Corp. - June 17, 2026) - Atlas Lithium Corp. (NASDAQ: ATLX) ("Atlas Lithium" or the "Company") today announced that Chairman and CEO Marc Fogassa will deliver the Strategic Keynote Presentation opening the first session, "Lithium in Brazil: Building a Competitive Industry," at the 3rd Brazil Lithium & Critical Minerals Summit 2026, to be held June 17-18 in Belo Horizonte, Minas Gerais, Brazil. The summit is recognized as the premier business and investment platform for Brazil's growing critical minerals sector.
Atlas Lithium CEO to Speak at Benchmark Giga USA 2026, a Leading Critical Minerals Event
2026-06-09 07:30:00
Boca Raton, Florida--(Newsfile Corp. - June 9, 2026) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or the "Company") today announced that Marc Fogassa, CEO and Chairman, will deliver a conference-wide address titled "The Growing Role of Brazilian Critical Minerals in Securing Global Supply" at Benchmark Giga USA 2026, the leading U.S. critical minerals and battery supply chain conference, taking place June 9-10, 2026, at the Ronald Reagan Building and International Trade Center in Washington, D.C. Mr. Fogassa's address will outline how Brazilian lithium production can strengthen global supply chains for materials that underpin electrification, energy security, and national defense.
Atlas Lithium Corporation Announces Results of 2026 Annual Meeting of Stockholders
2026-06-01 07:30:00
Stockholders Overwhelmingly Re-Elect Directors Boca Raton, Florida--(Newsfile Corp. - June 1, 2026) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or the "Company") today announced the results of its 2026 Annual Meeting of Stockholders (the "Annual Meeting"), held on May 28, 2026. Approximately 81.30% of the Company's outstanding shares entitled to vote were present or represented by proxy.
Atlas Lithium Advances Neves Project Execution with Contract for Lithium Processing Plant Assembly
2026-05-18 08:30:00
Boca Raton, Florida--(Newsfile Corp. - May 18, 2026) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or the "Company"), a leading developer of lithium resources, is pleased to announce the engagement of Alfa Engenharia ("Alfa"), a highly respected and experienced engineering firm, as the specialized electromechanical assembly contractor for the Company's Neves Project. Atlas Lithium's fully paid, 100%-owned lithium processing plant, manufactured in South Africa to the Company's specifications, has been transported to Brazil.
2026-05-04 08:35:00
Company invites individual and institutional investors, as well as advisors and analysts, to attend online at VirtualInvestorConferences.com Company invites individual and institutional investors, as well as advisors and analysts, to attend online at VirtualInvestorConferences.com
Frequently Asked Questions
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What is the current Atlas Lithium Corporation (ATLX) stock price?
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Atlas Lithium Corporation(NASDAQ:ATLX) stock price is $3.19 in the last trading session. During the trading session, ATLX stock reached the peak price of $8.25 while $3.07 was the lowest point it dropped to. The percentage change in ATLX stock occurred in the recent session was 0.63% while the dollar amount for the price change in ATLX stock was $0.02.
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ATLX's industry and sector of operation?
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The NASDAQ listed ATLX is part of Other Precious Metals industry that operates in the broader Basic Materials sector.
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Who are the executives of ATLX?
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Lili Wu | Head of Business Development for Asia
Marc Fogassa | Chairman, Chief Executive Officer & President
Brian W. Bernier | Vice President of Communications
Gary H. Guyton | Vice President of Investor Relations
Joel de Paiva Monteiro | Chief of ESG, Vice President of Administration & Operations and Secretary -
How many employees does ATLX have?
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Number of ATLX employees currently stands at 64. ATLX operates from Rua Antonio de Albuquerque, Belo Horizonte, CA 30112-010, BR.
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Link for ATLX official website?
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Official Website of ATLX is: https://www.atlas-lithium.com
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How do I contact ATLX?
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ATLX could be contacted at phone #833 661 7900 and can also be accessed through its website. ATLX operates from Rua Antonio de Albuquerque, Belo Horizonte, CA 30112-010, BR.
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How many shares of ATLX are traded daily?
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The average number of ATLX shares traded daily for last 3 months was 759.49K.
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What is the market cap of ATLX currently?
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The market value of ATLX currently stands at $64.58M with its latest stock price at $3.19