Atlas Lithium CorporationATLX

$3.91+0.08 (+2.09%)
NASDAQBasic Materials24:00 UTC

Company snapshot

Market Cap
$106M
Micro-cap
+199%
2022 — today
10-Year Price
-50%
2022 — today
52-Week Range
$3.40$7.45
Current $3.91· 13%

Atlas Lithium Corporation (ATLX), based in Beverly Hills, California, operates as a mineral exploration and development firm primarily in Brazil. Its central objective is the advancement and expansion of its wholly-owned hard-rock lithium venture. This significant undertaking encompasses 52 distinct mineral rights, covering a total area of 56,078 acres, predominantly located within the Araçuaí municipality in the Vale do Jequitinhonha region of Brazil's Minas Gerais state. Beyond its lithium focus, the company also holds full ownership of various mining concessions for precious metals like gold, gemstones such as diamonds, and industrial sand, and it actively participates in iron and quartzite projects. The enterprise was previously known as Brazil Minerals, Inc., rebranding as Atlas Lithium Corporation in October 2022.

Valuation in context

P/E ratio
-2.8
N/A
Not meaningful — company is unprofitable
P/B ratio
2.0
Near historic low
Near historic low — last 10 years
FCF Yield
-32.3%
Below average
Below the 10-year average
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