Atlas Lithium Corporation (ATLX)

NASDAQ: ATLX · IEX Real-Time Price · USD
31.28
-2.08 (-6.24%)
At close: Dec 29, 2023, 4:00 PM
30.80
-0.48 (-1.53%)
After-hours: Dec 29, 2023, 7:33 PM EST
-6.24%
Market Cap 347.93M
Revenue (ttm) 620
Net Income (ttm) -26.57M
Shares Out 11.12M
EPS (ttm) -3.71
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 126,836
Open 33.41
Previous Close 33.36
Day's Range 30.37 - 33.85
52-Week Range 5.70 - 45.00
Beta -2.66
Analysts Strong Buy
Price Target 54.25 (+73.43%)
Earnings Date n/a

About ATLX

Atlas Lithium Corporation operates as a mineral exploration and mining company in Brazil. It operates Minas Gerais Lithium Project, which consists of 57 mineral rights covering an area of 58,774 acres and located in northeastern Minas Gerais in Brazil; and Northeastern Brazil Lithium Project, which consists of 7 mineral rights covering an area of 16,266 acres, which is located in the States of Paraíba and Rio Grande do Norte in northeastern Brazil. It also owns 100% interests in various mining concessions for gold, diamond, and industrial sand;... [Read more]

Sector Materials
Founded 2011
Employees 30
Stock Exchange NASDAQ
Ticker Symbol ATLX
Full Company Profile

Financial Performance

In 2022, Atlas Lithium's revenue was $6,765, a decrease of -33.88% compared to the previous year's $10,232. Losses were -$4.63 million, 67.0% more than in 2021.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for ATLX stock is "Strong Buy." The 12-month stock price forecast is $54.25, which is an increase of 73.43% from the latest price.

Price Target
$54.25
(73.43% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

27 days ago - Business Wire

Atlas Lithium says fully funded to first production in 2024, shares up

(Kitco News) - Shares of lithium developer Atlas Lithium (NASDAQ: ATLX) closed 12.5% higher today after the company announced it is fully funded to first production at the Neves lithium project in Bra...

27 days ago - Kitco

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...

27 days 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...

7 weeks 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...

7 weeks 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...

2 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...

2 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...

2 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...

2 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...

3 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 ...

3 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 ...

3 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...

3 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...

4 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...

4 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...

4 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...

5 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...

5 months ago - PRNewsWire

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Atlas Lithium Corporation (ATLX)

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming August 1, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investor...

5 months ago - Business Wire

Atlas Lithium Expands Anitta Pegmatite Trend to 2.3 Kilometers; Confirms Near-Surface Mineralization with Trenching

Boca Raton, Florida--(Newsfile Corp. - July 31, 2023) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading mineral exploration company, is pleased to announce the south...

5 months ago - Newsfile Corp

FINAL DEADLINE TOMORROW: The Schall Law Firm Encourages Investors in Atlas Lithium Corporation with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 31, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Atlas Lithium Corporation ("Atlas...

5 months ago - Accesswire

CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind Atlas Lithium Investors of a Lead Plaintiff Deadline of August 1, 2023

NEW YORK , July 31, 2023 /PRNewswire/ -- Attention Atlas Lithium Corporation ("Atlas Lithium") (NASDAQ: ATLX) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has com...

5 months ago - PRNewsWire

AUGUST 1 DEADLINE: The Schall Law Firm Encourages Investors in Atlas Lithium Corporation with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 29, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Atlas Lithium Corporation ("Atlas...

5 months ago - Accesswire

AUGUST 1 FINAL DEADLINE: The Schall Law Firm Encourages Investors in Atlas Lithium Corporation with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 28, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Atlas Lithium Corporation ("Atlas...

5 months ago - Accesswire

ATLX SHAREHOLDER ALERT: Jakubowitz Law Reminds Atlas Lithium Shareholders of a Lead Plaintiff Deadline of August 1, 2023

NEW YORK , July 28, 2023 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Atlas Lithium Corporation (NASDAQ: ATLX). To r...

5 months ago - PRNewsWire