ATLX official logo ATLX
ATLX 1-star rating from Upturn Advisory
Atlas Lithium Corporation Common Stock (ATLX) company logo

Atlas Lithium Corporation Common Stock (ATLX)

Atlas Lithium Corporation Common Stock (ATLX) 1-star rating from Upturn Advisory
$4.59
Last Close (24-hour delay)
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PASS
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  • SELL Advisory (Loss)
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Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
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Upturn Advisory Summary

12/05/2025: ATLX (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

1 star rating from financial analysts

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $16

1 Year Target Price $16

Analysts Price Target For last 52 week
$16 Target price
52w Low $3.54
Current$4.59
52w High $8.32

Analysis of Past Performance

Type Stock
Historic Profit -55.38%
Avg. Invested days 28
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
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 12/05/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 108.19M USD
Price to earnings Ratio -
1Y Target Price 16
Price to earnings Ratio -
1Y Target Price 16
Volume (30-day avg) 2
Beta -4.45
52 Weeks Range 3.54 - 8.32
Updated Date 12/6/2025
52 Weeks Range 3.54 - 8.32
Updated Date 12/6/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.9

Earnings Date

Report Date 2025-11-13
When -
Estimate -0.64
Actual -0.35

Profitability

Profit Margin -
Operating Margin (TTM) -19289.23%

Management Effectiveness

Return on Assets (TTM) -32.8%
Return on Equity (TTM) -121.34%

Valuation

Trailing PE -
Forward PE 3.71
Enterprise Value 108177412
Price to Sales(TTM) 599.53
Enterprise Value 108177412
Price to Sales(TTM) 599.53
Enterprise Value to Revenue 599.47
Enterprise Value to EBITDA -12.17
Shares Outstanding 23570445
Shares Floating 15964734
Shares Outstanding 23570445
Shares Floating 15964734
Percent Insiders 32.69
Percent Institutions 11.89

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

Atlas Lithium Corporation Common Stock

Atlas Lithium Corporation Common Stock(ATLX) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Atlas Lithium Corporation (formerly Cermaq ASA) was founded in 2016 with the goal of becoming a leading lithium producer in the Americas. The company has focused on acquiring and developing lithium assets, particularly in Brazil, aiming to capitalize on the growing demand for battery-grade lithium. Significant milestones include securing exploration rights for key properties and progressing through the exploration and feasibility stages of its projects.

Company business area logo Core Business Areas

  • Lithium Exploration and Development: Atlas Lithium is primarily engaged in the exploration, development, and potential mining of lithium deposits. Their focus is on identifying and advancing projects that can supply lithium to the electric vehicle (EV) battery supply chain.
  • Project Management and Permitting: This includes managing the technical, environmental, and regulatory aspects of bringing lithium projects from discovery to production.

leadership logo Leadership and Structure

Atlas Lithium Corporation is led by a management team with experience in mining and resource development. The organizational structure is typical of a junior exploration and development company, with functional departments for exploration, operations, finance, and corporate development.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Description: The company's future products will be battery-grade lithium compounds, essential for the production of lithium-ion batteries used in electric vehicles and energy storage systems. As Atlas Lithium is not yet in commercial production, specific market share data for its products is not applicable. Key competitors in the global lithium market include Albemarle Corporation (ALB), Sociedad Quu00edmica y Minera de Chile (SQM), Ganfeng Lithium Co., Ltd., and Tianqi Lithium Corporation.
  • Product Name 1: Lithium Carbonate/Hydroxide (Future Production)

Market Dynamics

industry overview logo Industry Overview

The lithium industry is experiencing significant growth driven by the rapid expansion of the electric vehicle market and the global transition to renewable energy. Demand for lithium is projected to outstrip supply in the coming years, leading to price volatility and intense competition for resources.

Positioning

Atlas Lithium is positioned as a junior explorer and developer with significant prospective lithium assets in Brazil. Its competitive advantage lies in its strategic location within a region known for its lithium potential and its focus on advancing projects towards production to meet projected demand.

Total Addressable Market (TAM)

The global lithium market TAM is in the tens of billions of dollars annually and is projected to grow substantially, potentially reaching over $100 billion by the end of the decade. Atlas Lithium is positioning itself to capture a portion of this market by developing its Brazilian assets, aiming to contribute to the supply of critical battery materials.

Upturn SWOT Analysis

Strengths

  • Significant prospective lithium resources in Brazil.
  • Experienced management team with resource development background.
  • Strategic focus on the rapidly growing EV battery market.
  • Potential for cost-effective production due to project location and geology.

Weaknesses

  • Currently in exploration and development phase, not yet producing revenue from lithium.
  • Reliance on future financing for project development and operational expenses.
  • Geological and operational risks inherent in mining projects.
  • Market perception as a junior explorer.

Opportunities

  • Increasing global demand for lithium due to EV growth.
  • Potential for strategic partnerships or joint ventures.
  • Government incentives for critical mineral production.
  • Exploration upside and discovery of additional lithium resources.
  • Technological advancements in lithium extraction.

Threats

  • Fluctuations in lithium prices.
  • Regulatory hurdles and permitting delays.
  • Competition from established lithium producers and other emerging projects.
  • Environmental and social governance (ESG) concerns.
  • Geopolitical risks in operating regions.

Competitors and Market Share

Key competitor logo Key Competitors

  • Albemarle Corporation (ALB)
  • Sociedad Quu00edmica y Minera de Chile (SQM)
  • Ganfeng Lithium Co., Ltd.
  • Tianqi Lithium Corporation
  • Livent Corporation (LTHM)

Competitive Landscape

Atlas Lithium competes in a global market dominated by large, established producers with significant existing infrastructure and production capacity. Its competitive advantage lies in its potential to develop new, cost-effective supply sources in a region with high lithium potential, contributing to a diversified global supply chain. However, it faces significant challenges in scaling up operations, securing funding, and navigating the complexities of bringing a new mine into production.

Growth Trajectory and Initiatives

Historical Growth: Historical growth for Atlas Lithium has been characterized by the acquisition and advancement of its lithium projects, increasing its resource potential and moving through exploration stages.

Future Projections: Future projections are heavily dependent on the successful development and commercialization of its lithium assets in Brazil. Analyst expectations would focus on production timelines, estimated output, and the potential market value of its lithium resources.

Recent Initiatives: Recent initiatives likely include continued exploration, resource definition, feasibility studies, and efforts to secure financing for project development and potential construction of mining infrastructure.

Summary

Atlas Lithium Corporation is a junior exploration and development company focused on lithium assets in Brazil, aiming to capitalize on the booming EV battery market. Its strengths lie in prospective resources and a strategic focus, while weaknesses include its early-stage status and reliance on future financing. The company has significant opportunities in the growing demand for lithium but faces threats from price volatility and competition. Success hinges on effectively developing its projects and navigating the complex mining industry landscape.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company financial reports and filings (e.g., SEC filings)
  • Industry analysis reports
  • Financial news and market data providers

Disclaimers:

This JSON output is for informational purposes only and does not constitute financial advice. Data is based on publicly available information and may not be exhaustive or up-to-date. Investors should conduct their own due diligence before making any investment decisions.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Atlas Lithium Corporation Common Stock

Exchange NASDAQ
Headquaters 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 70
Full time employees 70

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 km2 located in northeastern Minas Gerais, Brazil; and Northeastern Brazil lithium project, which consists of 7 mineral rights covering an area of 71 km2 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, 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.