Atlas Lithium Corporation (ATLX)

NASDAQ: ATLX · IEX Real-Time Price · USD
13.65
-0.67 (-4.68%)
At close: Apr 24, 2024, 4:00 PM
13.51
-0.14 (-1.00%)
After-hours: Apr 24, 2024, 4:28 PM EDT
-4.68%
Market Cap 199.85M
Revenue (ttm) n/a
Net Income (ttm) -41.39M
Shares Out 14.64M
EPS (ttm) -411.00
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 41,497
Open 14.34
Previous Close 14.32
Day's Range 13.61 - 14.38
52-Week Range 11.80 - 45.00
Beta -3.33
Analysts Strong Buy
Price Target 44.75 (+227.84%)
Earnings Date May 28, 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 4 analysts, the average rating for ATLX stock is "Strong Buy." The 12-month stock price forecast is $44.75, which is an increase of 227.84% from the latest price.

Price Target
$44.75
(227.84% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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
6 days 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...

27 days 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...

4 weeks ago - Newsfile Corp

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...

2 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...

2 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...

2 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...

3 months ago - Newsfile Corp

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...

3 months ago - Newsfile Corp

Atlas Lithium Achieves Fully Funded Status with First Production Expected in 2024

TORONTO--(BUSINESS WIRE)-- #ESG--Lithium Royalty Corp. (TSX: LIRC) (“LRC”) is pleased to announce that Atlas Lithium Corporation (“Atlas”) disclosed today that Atlas has fully funded Phase I of its li...

5 months ago - Business Wire

Atlas Lithium Fully Funded to First Production in 2024

HIGHLIGHTS Direct investment at a premium into Atlas Lithium and offtake agreements for Phase 1 of Atlas Lithium's battery grade spodumene concentrate production have been executed with two top lithiu...

5 months ago - Newsfile Corp

Canadian Palladium Announces Agreement to Acquire Mineral Properties in East Brazilian 'Lithium Belt '

Vancouver, British Columbia--(Newsfile Corp. - November 9, 2023) - Canadian Palladium Resources Inc. (CSE: BULL) (OTCQB: DCNNF) (FSE: DCR1) (the "Company") is pleased to announce that it has entered i...

5 months ago - Newsfile Corp

Atlas Lithium Secures US$ 20,000,000 Investment from Lithium Investors Including Lead Advisor Martin Rowley

HIGHLIGHTS Renowned mining professional Martin Rowley leads investment round of US$ 20,000,000 for Atlas Lithium. Mr. Rowley is a pioneer of the modern lithium industry and has over 40 years of experi...

6 months ago - Newsfile Corp

Atlas Lithium to Present at the Prestigious Goldman Sachs Global Metals and Mining Conference

Boca Raton, Florida--(Newsfile Corp. - November 1, 2023) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading mineral exploration and development company, today announc...

6 months ago - Newsfile Corp

Atlas Lithium Provides Third Quarter 2023 Corporate Update

Progressing on Preliminary Economic Analysis Report for Release in Q1, 2024 Alongside Mineral Resource Estimate Boca Raton, Florida--(Newsfile Corp. - October 23, 2023) - Atlas Lithium Corporation (NA...

6 months ago - Newsfile Corp

Atlas Lithium Intersects More High-Grade Lithium Mineralization and Extends "Anitta 3" Pegmatite

HIGHLIGHTS Several recent drill holes in Anitta 3 intersected high-grade lithium mineralization: Drill hole DHAB-208 intersected 1.64% Li 2 O over 18.00 meters starting at only 67.6-meter depth DHAB-2...

6 months ago - Newsfile Corp

Atlas Lithium Outlines Wide-Range Exploration Strategy for Lithium Resources

HIGHLIGHTS Recent exploration efforts have identified six new, promising target areas within the Company's flagship Neves Project Priority target areas will be further delineated by trenching and dril...

6 months ago - Newsfile Corp

Atlas Lithium Appoints European Investor Relations Advisor

Boca Raton, Florida--(Newsfile Corp. - October 4, 2023) - Atlas Lithium Corporation (NASDAQ: ATLX) (FSE: C480) ("Atlas Lithium" or "Company"), a leading mineral exploration and development company, is...

7 months ago - Newsfile Corp

Atlas Lithium Expands Lithium Exploration Expertise with Appointment of Chief Geologist James Abson

Boca Raton, Florida--(Newsfile Corp. - October 2, 2023) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading mineral exploration and development company, is pleased to ...

7 months ago - Newsfile Corp

Former Allkem Chairman Martin Rowley Joins Atlas Lithium as Lead Strategic Advisor

Boca Raton, Florida--(Newsfile Corp. - September 26, 2023) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company") is pleased to announce the appointment of Mr. Martin Rowley as the ...

7 months ago - Newsfile Corp

Atlas Lithium Discovers New Spodumene Bearing Pegmatite in Step-Out Drilling West of the Current 2.3-Kilometer Pegmatite Trend

HIGHLIGHTS This new mineralized shallow pegmatite has been named Anitta 4 Drill hole DHAB-289 in Anitta 4 yielded a cumulative total of 18.65 meters of mineralized spodumene starting at only 70 meters...

7 months ago - Newsfile Corp

Atlas Lithium Adds Mining Finance Veteran Rodrigo Menck as Advisor

Boca Raton, Florida--(Newsfile Corp. - September 5, 2023) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company") is pleased to announce the engagement of Rodrigo Menck as an Advisor...

8 months ago - Newsfile Corp

Atlas Lithium to Present at the H.C. Wainwright 25th Annual Global Investment Conference

Boca Raton, Florida--(Newsfile Corp. - August 28, 2023) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading mineral exploration company, is pleased to announce that ma...

8 months ago - Newsfile Corp

Atlas Lithium Appoints Industry Veteran Nicholas Rowley as Vice President of Business Development

Boca Raton, Florida--(Newsfile Corp. - August 21, 2023) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company") is pleased to announce the appointment of Mr. Nicholas Rowley as its V...

8 months ago - Newsfile Corp

FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in Atlas Lithium Corporation with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 1, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Atlas Lithium Corporation ("Atla...

9 months ago - Accesswire

ATLX ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of August 1, 2023 in the Class Action Filed on Behalf of Atlas Lithium Corporation Shareholders

NEW YORK , Aug. 1, 2023 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Atlas Lithium Corporation (NASDAQ: ATLX) alleging that th...

9 months ago - PRNewsWire