Atlas Lithium Corporation Common Stock logo

Atlas Lithium Corporation Common Stock(ATLX)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$2.7
09/25/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for ATLX

09/25/2026: ATLX (1-star) is currently NOT-A-BUY. Pass it for now.

Atlas Lithium Corporation is an emerging junior miner focused on the development of hard-rock lithium assets in Brazil's Minas Gerais region. The company's primary strength lies in its strategic land positions within a known lithium-producing area and its targeted focus on the EV battery supply chain. Its main opportunity involves transitioning from a pre-revenue explorer to a commercial-scale producer, potentially attracting major industry partners. However, the stock carries significant risks, including project execution uncertainty, reliance on external capital, and exposure to volatile lithium spot prices. It is best suited for growth-oriented investors with a high risk tolerance who are looking for speculative exposure to the battery materials industry.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company offers high growth potential as a junior miner but carries substantial speculative risk.
Momentum investorStrong fit while signal remains positiveThe stock often reacts strongly to news regarding lithium sector trends and company-specific project development.
Value investorWeak fitThe lack of earnings and cash flow makes it difficult to apply traditional value-based metrics.
Dividend investorWeak fitThe company focuses entirely on growth and is not in a position to pay dividends.
Low-risk investorWeak fitHigh volatility and the risks of early-stage mining make this unsuitable for risk-averse portfolios.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe company's valuation is highly dependent on the speculative price of lithium.
Valuation riskHighCurrent prices reflect future expectations rather than current operational earnings.
Competition risk (Lithium producers)Medium / highEstablished players can achieve economies of scale that Atlas Lithium currently cannot.
Business qualityMediumIt is an exploration project without the stability of proven, operational cash-generating mines.
Dividend incomeLow / noneCapital is entirely prioritized for growth and development.
Execution riskHighThe transition from explorer to producer is prone to cost overruns and delays.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Highly Choppy
PRICE STABILITY

Highly Choppy

The stock has experienced frequent, large price swings that make its near-term movement less predictable.

Analysis of Past Performance

Type Stock
Historic Profit -76.8%
Avg. Invested days 16
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/25/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
ATLX receives a 2-star rating, supported by solid analyst coverage. The rating is constrained by weak unit economics, soft quantitative characteristics, and weak price momentum.

Company Fundamentals

★★★★★
ATLX has moderate overall fundamentals (3 stars), with soft financial health, moderate growth momentum, and solid ownership. In FY2025 versus FY2024, solid earnings growth (+33.5%) is partially offset by soft cash generation (FCF margin -33653.1%), negative revenue growth (-86.1%), soft profitability (net margin -30392.8%).

Financial Health Rating

★★★★★
ATLX's financial health is supported by moderate liquidity, including working-capital and asset support (WC/assets 26.3%). Operating efficiency is weak (1 stars), which helps explain the 2-star overall score.

Growth Momentum Score

★★★★★
Earnings growth is ATLX's strongest growth driver at +33.5% FY2025 versus FY2024 (solid, 4 stars). By comparison, free-cash-flow growth (+32.5%, solid) is also solid, while revenue growth (-86.1%, negative) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 9.7% and approximately 72.8% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 27.98% supports management-shareholder alignment.

Top 5 Institutional Investors

Marshall Wace Asset Management Ltd 3.18%
Waratah Capital Advisors Ltd 2.76%
Cross Staff Investments Inc 2.06%
Amvescap Plc. 2.02%
Jane Street Group LLC 0.75%

Unit Economics (Per $1K Revenue)

★★★★★
ATLX generates approximately $-643 of gross profit, $-342,214 of operating income, and $-336,531 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

★★★★★
Effective Tax Rate: 11.88%

Quantitative Style Profile

★★★★★
ATLX has a liquid, relatively low-volatility profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Low VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 81.27M USD
Price to earnings Ratio -
1Y Target Price 11.5
Price to earnings Ratio -
1Y Target Price 11.5
Volume (30-day avg) 205.1K shares
Beta 0.2
52 Weeks Range 2.55 - 8.25
Updated Date 09/25/2026
52 Weeks Range 2.55 - 8.25
Updated Date 09/25/2026
Dividends yield (FY) -
Basic EPS (TTM) -1.54

How Company Makes Money

Business areaWhat it includesRetail investor read
Lithium ExplorationActivities related to surveying, mapping, and drilling for spodumene.The company is currently spending money to find and develop assets, not yet making money from sales.
Brazil OperationsMining claims in Minas Gerais.The company is geographically concentrated in Brazil, exposing it to local regulatory and operational environments.
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Valuation

Trailing PE -
Forward PE 3.71
Enterprise Value 57.46M
Price to Sales(TTM) 739.51
Enterprise Value 57.46M
Price to Sales(TTM) 739.51
Enterprise Value to Revenue 522.87
Enterprise Value to EBITDA -12.17
Shares Outstanding 30.10M
Shares Floating 21.92M
Shares Outstanding 30.10M
Shares Floating 21.92M
Percent Insiders 27.98
Percent Institutions 9.66

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Atlas Lithium Corporation Common Stock

Exchange NASDAQ
Headquarters Belo Horizonte, MG, Brazil
IPO Launch date 2013-02-28
Chairman, CEO & President Dr. Marc Fogassa M.D.
Sector Basic Materials
Industry Other Industrial Metals & Mining
Full time employees 64
Full time employees 64

Atlas Lithium Corporation operates as a mineral exploration and development company in Brazil. It operates the Minas Gerais Lithium project that consists of 85 mineral rights covering an area of 468 square kilometers located in northeastern Minas Gerais, Brazil; and Northeastern Brazil Lithium project covering an area of 71 square kilometers located in the States of Paraíba, Rio Grande do Norte, and Tocantins. The company is also involved in the exploration and development of mineral rights relating to minerals, such as rare earths, copper, titanium, graphite, nickel, iron, gold, and quartzite. The company was formerly known as Brazil Minerals, Inc. and changed its name to Atlas Lithium Corporation in October 2022. Atlas Lithium Corporation was founded in 2011 and is based in Belo Horizonte, Brazil.