Basic Materials -
Other Precious Metals - NASDAQ - US
$ 4.775
-4.48 %
$ 85.2 M
Market Cap
-2.01
P/E
1. INTRINSIC VALUE
Balance Sheet
Atlas Lithium Corporation
| Current Assets | 16.2 M |
| Cash & Short-Term Investments | 15.5 M |
| Receivables | 77.1 K |
| Other Current Assets | 628 K |
| Non-Current Assets | 41.6 M |
| Long-Term Investments | 0 |
| PP&E | 39.4 M |
| Other Non-Current Assets | 2.26 M |
| Current Liabilities | 5.69 B |
| Accounts Payable | 5 M |
| Short-Term Debt | 216 K |
| Other Current Liabilities | 5.68 B |
| Non-Current Liabilities | 30.2 M |
| Long-Term Debt | 10.1 M |
| Other Non-Current Liabilities | 20 M |
EFFICIENCY
Earnings Waterfall
Atlas Lithium Corporation
| Revenue | 667 M |
| Cost Of Revenue | 401 K |
| Gross Profit | 266 K |
| Operating Expenses | 35.2 M |
| Operating Income | -38 M |
| Other Expenses | 6.39 M |
| Net Income | -44.4 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Atlas Lithium Corporation
| Net Income | -44.4 M |
| Depreciation & Amortization | 199 K |
| Capital Expenditures | -27.3 M |
| Stock-Based Compensation | 25.3 M |
| Change in Working Capital | -1.39 M |
| Others | -2.48 M |
| Free Cash Flow | -46.1 M |
Wall Street Analysts Price Targets
Atlas Lithium Corporation
Wall Street analysts predict an average 1-year price target for ATLX of $19 , with forecasts ranging from
a
low of
$19 to a high of $19 .
ATLX Lowest Price Target
Wall Street Target
19 USD
297.91%
ATLX Average Price Target
Wall Street Target
19 USD
297.91%
ATLX Highest Price Target
Wall Street Target
19 USD
297.91%
4. DIVIDEND
ANALYSIS
ATLX does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Atlas Lithium Corporation
Sold
0-3 MONTHS
203 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Atlas Lithium's Modular Processing Plant Arrives in Brazil, Achieving Critical Milestone Toward Production
Boca Raton, Florida--(Newsfile Corp. - March 10, 2025) - Atlas Lithium Corporation (NASDAQ: ATLX), a leading lithium development company, announces the successful arrival of its modular Dense Media Separation (DMS) lithium processing plant at the Port of Santos, Brazil. This pivotal achievement underscores the Company's progress toward becoming a key lithium producer in Brazil's emerging Lithium Valley.
newsfilecorp.com
- 3 months ago
Atlas Lithium Strengthens Position in Critical Minerals with Rare Earths, Titanium, Graphite, and Uranium Exposure
Boca Raton, Florida--(Newsfile Corp. - March 5, 2025) - Atlas Lithium Corporation (NASDAQ: ATLX), a leading lithium exploration and development company, is pleased to highlight its current 32.2% stake in Atlas Critical Minerals Corporation. This ownership positions Atlas Lithium at the forefront of Brazil's critical minerals sector, providing exposure to rare earth elements, titanium, graphite, uranium, and other sought-after minerals.
newsfilecorp.com
- 3 months ago
Lithium Junior Miners News For The Month Of February 2025
China lithium carbonate spot prices and spodumene spot prices were generally flat the past month. Lithium market news - Fastmarkets projects an oversupply of just 10,000 tonnes in 2025, and swinging to a 1,500-tonne deficit in 2026. Junior lithium miner company news - Atlas Lithium's Plant is en route to Brazil, expected to arrive on March 2. Galan Lithium's Mineral Resources grow to 9.5 Mt LCE.
seekingalpha.com
- 3 months ago
Buy And Hold These Ten Cheap Lithium Juniors Ready For A Potential Lithium Recovery From 2026 Onwards
The lithium market has been in a severe bear market. Delays in major projects like Zijin Mining's 3Q Project could roughly balance the market from 2026 to 2028. Booming EV and BESS sales, if they continue, could cause large lithium deficits from 2029 onwards. Strong lithium demand and potential deficits set up a favorable scenario for patient investors in quality junior lithium miners over the next 5-7 years.
seekingalpha.com
- 3 months ago
Atlas Lithium to Present at Fastmarkets Battery Raw Materials Shanghai 2025 Conference
Boca Raton, Florida--(Newsfile Corp. - February 10, 2025) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or the "Company"), a leading lithium exploration and development company, is pleased to announce its participation in the Fastmarkets Battery Raw Materials Shanghai 2025 Conference. This premier event, bringing together global leaders in the battery and energy storage industries, will take place on February 25-26, 2025, in Shanghai, China.
newsfilecorp.com
- 4 months ago
Atlas Lithium's Plant Is Now En Route to Brazil - Marking Major Milestone Towards Production
Boca Raton, Florida--(Newsfile Corp. - February 3, 2025) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or the "Company") is pleased to announce the successful shipment of its modular dense media separation (DMS) lithium processing plant from South Africa to Brazil. This milestone marks a significant step in the Company's progression toward becoming the next lithium producer in Brazil's resource-rich Lithium Valley.
newsfilecorp.com
- 4 months ago
Atlas Lithium's Processing Plant Prepares for Shipment to Brazil
Boca Raton, Florida--(Newsfile Corp. - January 21, 2025) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or the "Company"), a leading lithium exploration and development company, is pleased to announce that its modular dense media separation (DMS) lithium processing plant is ready for shipment from South Africa to Brazil. The newly constructed plant leverages South Africa's renowned expertise in producing high-quality, cost-effective mining equipment.
newsfilecorp.com
- 4 months ago
Atlas Lithium Corporation Stock Could Be In The Buy Zone For 2025
Mitsui's investment in Atlas Lithium Corporation amid low lithium prices suggests a strategic buying opportunity with significant upside potential due to commodity cyclicality. Atlas Lithium's stock has shown resilience, consolidating near lows with constructive early 2025 price action, despite a bearish trend in lithium prices. Key company developments, including permit approvals and regional growth strategies, position ATLX for substantial growth and potential takeover interest from larger lithium players.
seekingalpha.com
- 5 months ago
Atlas Lithium Accelerates Production Readiness with Key Executive Appointments
Boca Raton, Florida--(Newsfile Corp. - December 30, 2024) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium pre-production company, is pleased to announce two pivotal additions to its leadership team, marking a significant step forward in the Company's journey to becoming a leading lithium producer at its Neves Project in Brazil's thriving Lithium Valley. Strengthening Project Implementation Expertise with Eduardo Queiroz Eduardo Queiroz joins Atlas Lithium as Project Management Officer (PMO) and Vice President of Engineering, bringing over 20 years of hands-on experience managing complex, large-scale mining projects, and making him the perfect addition to drive the Company's Neves Project to revenue generation.
newsfilecorp.com
- 5 months ago
Atlas Lithium Outlines Regional Growth Strategy
Boca Raton, Florida--(Newsfile Corp. - November 25, 2024) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), owner of the Neves Project and poised to become the next lithium concentrate producer in Brazil's Lithium Valley ("LV"), locally known as the Jequitinhonha River Valley, is pleased to announce its medium to long-term regional growth strategy. Within the global lithium industry, LV has emerged as a premier hard-rock lithium jurisdiction, as evidenced by major lithium producer Pilbara Minerals Ltd.
newsfilecorp.com
- 6 months ago
Wall Street Analysts Believe Atlas Lithium Corporation (ATLX) Could Rally 246.31%: Here's is How to Trade
The average of price targets set by Wall Street analysts indicates a potential upside of 246.3% in Atlas Lithium Corporation (ATLX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
zacks.com
- 7 months ago
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 with Apollo Resources Corporation ("Apollo Resources"), a private mineral exploration company with a permitted iron ore project in the Iron Quadrangle region of the state of Minas Gerais in Brazil. The transaction was evaluated by a special committee of the Company's Board of Directors (the "Board"), with RPM Global Holdings Limited serving as independent advisor to the special committee and the Board.
newsfilecorp.com
- 7 months ago
8. Profile
Summary
Atlas Lithium Corporation ATLX
COUNTRY
US
INDUSTRY
Other Precious Metals
MARKET CAP
$ 85.2 M
Dividend Yield
0.00%
Description
Atlas Lithium Corporation operates as a mineral exploration and mining company in Brazil. It focuses on advancing and developing its 100%-owned hard-rock lithium project, which consists of 52 mineral rights covering an area of 56,078 acres that is located primarily in the municipality of Araçuaí in the Vale do Jequitinhonha region of the state of Minas Gerais in Brazil. It also owns 100% interests in various mining concessions for gold, diamond, and industrial sand; and 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 is based in Beverly Hills, California.
Contact
433 North Camden Drive, Beverly Hills, CA, 90210
https://www.atlas-lithium.com
IPO
Date
Dec. 23, 2022
Employees
70
Officers
Dr. Marc Fogassa M.D.
Chairman, Chief Executive Officer & President
Mr. Joel de Paiva Monteiro Esq.
Chief of ESG, Vice President of Administration & Operations and Secretary
Ms. Lili Wu
Head of Business Development for Asia
Mr. Brian W. Bernier
Vice President of Communications
Mr. Gary H. Guyton
Vice President of Investor Relations
Mr. Tiago Moreira de Miranda
Chief Financial Officer, Principal Accounting Officer & Treasurer