Atlas Lithium Corporation

Company Profile

Atlas Lithium Corporation had its IPO on under the ticker symbol ATLX.

The company operates in the Basic Materials sector and Other Precious Metals & Mining industry. Atlas Lithium Corporation has a staff strength of 30 employees.

Stock update

Shares of Atlas Lithium Corporation opened at $27.15 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $25.22 - $27.25, and closed at $25.65.

This is a -5.73% slip from the previous day's closing price.

A total volume of 65,672 shares were traded at the close of the day’s session.

In the last one week, shares of Atlas Lithium Corporation have slipped by -0.54%.

Atlas Lithium Corporation's Key Ratios

Atlas Lithium Corporation has a market cap of $214.70 million, indicating a price to book ratio of 33.3987 and a price to sales ratio of 5063.8843.

In the last 12-months Atlas Lithium Corporation’s revenue was $6288 with a gross profit of $-235578 and an EBITDA of $-9136190. The EBITDA ratio measures Atlas Lithium Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Atlas Lithium Corporation’s operating margin was -145458.65% while its return on assets stood at -80.24% with a return of equity of -174.32%.

In Q1, Atlas Lithium Corporation’s quarterly earnings growth was a positive 0% while revenue growth was a negative 45.8%.

Atlas Lithium Corporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-1.63 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Atlas Lithium Corporation’s profitability.

Atlas Lithium Corporation stock is trading at a EV to sales ratio of 5409.6651 and a EV to EBITDA ratio of -9.7608. Its price to sales ratio in the trailing 12-months stood at 5063.8843.

Atlas Lithium Corporation stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$12.39 million

Total Liabilities

$2.46 million

Operating Cash Flow

$-1275972.00

Capital Expenditure

$1.28 million

Dividend Payout Ratio

0%

Atlas Lithium Corporation ended 2024 with $12.39 million in total assets and $0 in total liabilities. Its intangible assets were valued at $12.39 million while shareholder equity stood at $9.24 million.

Atlas Lithium Corporation ended 2024 with $0 in deferred long-term liabilities, $2.46 million in other current liabilities, 6739.00 in common stock, $-63551887.00 in retained earnings and $0 in goodwill. Its cash balance stood at $4.99 million and cash and short-term investments were $4.99 million. The company’s total short-term debt was $21,554 while long-term debt stood at $0.

Atlas Lithium Corporation’s total current assets stands at $5.06 million while long-term investments were $150000.00 and short-term investments were $0. Its net receivables were $18337.00 compared to accounts payable of $629379.00 and inventory worth $0.

In 2024, Atlas Lithium Corporation's operating cash flow was $-1275972.00 while its capital expenditure stood at $1.28 million.

Comparatively, Atlas Lithium Corporation paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$25.65

52-Week High

$45

52-Week Low

$5.4

Analyst Target Price

$56.33

Atlas Lithium Corporation stock is currently trading at $25.65 per share. It touched a 52-week high of $45 and a 52-week low of $45. Analysts tracking the stock have a 12-month average target price of $56.33.

Its 50-day moving average was $23.77 and 200-day moving average was $17.77 The short ratio stood at 0.5 indicating a short percent outstanding of 0%.

Around 1263.4% of the company’s stock are held by insiders while 292.5% are held by institutions.