Atlas Lithium Corporation (ATLX)

NASDAQ: ATLX · Real-Time Price · USD
7.72
-0.33 (-4.10%)
Nov 20, 2024, 4:00 PM EST - Market closed
-4.10%
Market Cap 117.79M
Revenue (ttm) 543,657
Net Income (ttm) -48.19M
Shares Out 15.26M
EPS (ttm) -3.41
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 81,142
Open 7.96
Previous Close 8.05
Day's Range 7.64 - 8.10
52-Week Range 6.25 - 34.00
Beta -3.68
Analysts Strong Buy
Price Target 33.17 (+329.66%)
Earnings Date Nov 8, 2024

About 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 s... [Read more]

Sector Materials
Founded 2011
Employees 76
Stock Exchange NASDAQ
Ticker Symbol ATLX
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for ATLX stock is "Strong Buy." The 12-month stock price forecast is $33.17, which is an increase of 329.66% from the latest price.

Price Target
$33.17
(329.66% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Jupiter Gold Acquires Licensed Iron Ore Mine and Expands its Mineral Portfolio

Belo Horizonte, Brazil--(Newsfile Corp. - November 6, 2024) - Jupiter Gold Corporation (OTCQB: JUPGF) ("Jupiter Gold" or "Company") is pleased to announce that it has entered into a merger agreement w...

14 days ago - Newsfile Corp

Atlas Lithium's Neves Project Is Now Permitted

Boca Raton, Florida--(Newsfile Corp. - October 28, 2024) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium exploration and development company, is pleased to...

23 days ago - Newsfile Corp

Top 5 Beaten Down Lithium Companies To Buy Now

Lithium prices have likely bottomed, with improvements expected in 2025/2026 and potential deficits in 2027-2029, signaling a potential market recovery. Top lithium stocks to buy now include Albemarle...

Other symbols: ALBALTMLAACPLLRIO
4 weeks ago - Seeking Alpha

Atlas Lithium Advances Its Salinas Project

Boca Raton, Florida--(Newsfile Corp. - October 7, 2024) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium exploration and development company, is pleased to ...

6 weeks ago - Newsfile Corp

Lithium Co. Hits Permitting Milestone for Brazil Lithium Project

Atlas Lithium Corp. ATLX announced that the government agency that regulates operational licensing within the Brazilian state of Minas Gerais has issued a technical report recommending approval of the...

7 weeks ago - Benzinga

Atlas Lithium Progresses Towards Key Permitting

Boca Raton, Florida--(Newsfile Corp. - September 23, 2024) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium exploration and development company, is pleased ...

2 months ago - Newsfile Corp

Undercovered Stock Picks From September 6-12: Lithium, Uranium, Gold, & Plastic

The 'Undercovered' Dozen series highlights 12 undercovered stocks, providing investment ideas and sparking community discussion on their potential. Zach Bristow argues that Sylvamo Corporation offers ...

2 months ago - Seeking Alpha

Atlas Lithium Corporation: Buying The Lithium Dip

Lithium prices have plunged nearly 90% from their 2022 highs, presenting a potential value-based investment opportunity as commodity cycles suggest a price bottom. Atlas Lithium Corporation is transit...

2 months ago - Seeking Alpha

Atlas Lithium Recognized for Its Plant Design

Boca Raton, Florida--(Newsfile Corp. - August 27, 2024) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium exploration and development company, is pleased to ...

3 months ago - Newsfile Corp

Atlas Lithium's Modular Lithium Processing Plant Readies for Brazil

HIGHLIGHTS Atlas Lithium's team visited South Africa last week to supervise the preparation of the components of the Company's modular lithium DMS plant for shipment to Brazil. 48 containers have been...

3 months ago - Newsfile Corp

Atlas Lithium Corporation: Nearing Potential Buy Zone

Atlas Lithium stock has dropped significantly, potentially creating a buy zone below $10 per share. The company is focused on lithium production in Brazil, with plans to start production in Q4 2024 an...

5 months ago - Seeking Alpha

Atlas Lithium Doubles the Size of Its Lithium Exploration Footprint in Brazil; Provides Exploration Update

HIGHLIGHTS Atlas Lithium has more than doubled its lithium exploration portfolio in Brazil to approximately 539 km² (approximately 133,294 acres). Most of the new claims are in the promising Doce Rive...

5 months ago - Newsfile Corp

Atlas Lithium to Co-host the Inaugural Brazil Lithium Summit

Boca Raton, Florida--(Newsfile Corp. - June 3, 2024) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium exploration and development company, is pleased to ann...

6 months ago - Newsfile Corp

Atlas Lithium's Modular Processing Plant Enters Final Fabrication and Trial Assembly Stage

HIGHLIGHTS Atlas Lithium's modular dense media separation (DMS) lithium processing plant enters final fabrication stage. The innovative modular plant design, first for Brazil's lithium industry, strea...

7 months ago - Newsfile Corp

Lithium Junior Miners News For The Month Of April 2024

Lithium spot prices were generally flat the past month. Lithium market news - Chile opens 26 lithium salt flats to private companies. Fastmarkets - "We forecast a fairly balanced market in 2024." Juni...

Other symbols: AMLICMPFEAM
7 months ago - Seeking Alpha

5 undervalued U.S. lithium stocks to buy immediately for long-term returns

Lithium is to electric vehicles as data centres is to artificial intelligence. The price of Lithium may have gained a bit in recent weeks but it's still down significantly from its high in mid-2023.

Other symbols: ALBENSLACPLL
7 months ago - Invezz

Atlas Lithium Secures US$ 30,000,000 Strategic Investment and Offtake Agreement from Mitsui

Boca Raton, Florida--(Newsfile Corp. - March 28, 2024) - Atlas Lithium Corporation (NASDAQ: ATLX), a lithium exploration and development company, is pleased to announce that it has signed definitive i...

8 months ago - Newsfile Corp

Renowned Lithium Executive Brian Talbot to Join Atlas Lithium as Chief Operating Officer and Director

HIGHLIGHTS - Renowned lithium expert Brian Talbot has agreed to join Atlas Lithium as Chief Operating Officer and Member of the Company's Board of Directors on April 1, 2024, a highly significant mile...

8 months ago - Newsfile Corp

Top 10 Lithium Companies To Consider

China lithium carbonate spot prices appear to have reached their lowest point. CITIC Futures predicts that China lithium carbonate prices will average CNY 100,000 in 2024. Many lithium stocks are curr...

Other symbols: ALBALTMLAACLACPLL
8 months ago - Seeking Alpha

Atlas Lithium Progresses with DMS Plant Construction; Remains on Schedule for Q4 2024 Production

HIGHLIGHTS Construction of Atlas Lithium's modular dense media separation ("DMS") lithium processing plant remains on schedule for delivery to Brazil in Q2 2024 with first commissioning and production...

9 months ago - Newsfile Corp

Atlas Lithium Expands Anitta 3 Pegmatite, Provides Representative Cross-Sections

HIGHLIGHT Anitta 3 current cross sections reveal two ore bodies with individual true widths up to 42m and combined true widths of up to 52m in certain sections, and with mineralized lithium-bearing sp...

9 months ago - Newsfile Corp

Atlas Lithium to Showcase Its Growth Story at Premier Mining Conferences

HIGHLIGHTS Atlas Lithium management to share lithium project progress at BMO Global Metals & Mining Conference taking place February 25-28, 2024, in Hollywood, Florida Atlas Lithium CEO Marc Fogassa t...

10 months ago - Newsfile Corp

Atlas Lithium to Co-Host the Brazil Lithium Summit 2024

HIGHLIGHTS Atlas Lithium invited to co-host premier Brazil Lithium Summit in Belo Horizonte on June 12-13, 2024 Event endorsed by Invest Minas to connect key Brazilian stakeholders with premier lithiu...

10 months ago - Newsfile Corp

Top 10 Lithium Companies To Consider As We Potentially Approach A Lithium Price Bottom

The China lithium carbonate spot prices look to be approaching a bottom after falling 80% from its high. Several higher cost lithium mines are shutting down or reducing production. This typically lead...

Other symbols: ALBLAACLACPLL
11 months ago - Seeking Alpha

Atlas Lithium Intersects Wide, High-Grade Lithium Mineralization, Continues Expansion of "Anitta 3" and "Anitta 4" Pegmatites

HIGHLIGHTS Several recent drill holes in Anitta 3 and Anitta 4 pegmatites intersected further high-grade lithium mineralization: Drill hole DHAB-345 intersected 1.44% Li 2 O over 47.00m from 59m depth...

11 months ago - Newsfile Corp