Atlas Lithium Corporation (NASDAQ:ATLX) Projected To Shrink By -375.0% Or More

In last trading session, Atlas Lithium Corporation (NASDAQ:ATLX) saw 0.39 million shares changing hands with its beta currently measuring -4.22. Company’s recent per share price level of $4.0 trading at $0.04 or 1.01% at ring of the bell on the day assigns it a market valuation of $71.35M. That closing price of ATLX’s stock is at a discount of -242.5% from its 52-week high price of $13.70 and is indicating a premium of 11.5% from its 52-week low price of $3.54. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.29 million shares which gives us an average trading volume of 203.23K if we extend that period to 3-months.

For Atlas Lithium Corporation (ATLX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.59 in the current quarter.

Atlas Lithium Corporation (NASDAQ:ATLX) trade information

Upright in the green during last session for gaining 1.01%, in the last five days ATLX remained trading in the green while hitting it’s week-highest on Friday, 06/27/25 when the stock touched $4.0 price level, adding 2.44% to its value on the day. Atlas Lithium Corporation’s shares saw a change of -60.16% in year-to-date performance and have moved 3.09% in past 5-day. Atlas Lithium Corporation (NASDAQ:ATLX) showed a performance of 0.00% in past 30-days. Number of shares sold short was 0.5 million shares which calculate 1.84 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 19 to the stock, which implies a rise of 78.95% to its current value. Analysts have been projecting 19 as a low price target for the stock while placing it at a high target of 19. It follows that stock’s current price would drop -375.0% in reaching the projected high whereas dropping to the targeted low would mean a loss of -375.0% for stock’s current value.

Atlas Lithium Corporation (ATLX) estimates and forecasts

This year revenue growth is estimated to rise 21,649.88% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 24M for the same. And 1 analysts are in estimates of company making revenue of 33.1M in the next quarter. Company posted 182.79k and 169.55k of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -44.05% during past 5 years.

Atlas Lithium Corporation (NASDAQ:ATLX)’s Major holders

Insiders are in possession of 45.51% of company’s total shares while institution are holding 10.32 percent of that, with stock having share float percentage of 18.93%. Investors also watch the number of corporate investors in a company very closely, which is 10.32% institutions for Atlas Lithium Corporation that are currently holding shares of the company. WARATAH CAPITAL ADVISORS LTD. is the top institutional holder at ATLX for having 0.66 million shares of worth $9.13 million. And as of 2024-06-30, it was holding 4.8183 of the company’s outstanding shares.

The second largest institutional holder is CROSS STAFF INVESTMENTS INC, which was holding about 0.21 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.5483 of outstanding shares, having a total worth of $2.21 million.

On the other hand, Invesco Exchange-Traded Fund Trust-Invesco WilderHill Clean Energy ETF and Perritt Funds Inc-Perritt MicroCap Opportunities Fund are the top two Mutual Funds which own company’s shares. As of Apr 30, 2025 , the former fund manager was holding 213.19 shares of worth $0.85 million or 4.17% of the total outstanding shares. The later fund manager was in possession of 20.0 shares on Apr 30, 2025 , making its stake of worth around $80000.0 in the company or a holder of 0.39% of company’s stock.

Marketing Sentinel
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.