Atlas Lithium (ATLX) Projected to Post Earnings on Wednesday

Atlas Lithium (NASDAQ:ATLX) is anticipated to release its earnings data before the market opens on Wednesday, March 26th. Analysts expect Atlas Lithium to post earnings of ($0.55) per share for the quarter.

Atlas Lithium (NASDAQ:ATLX) last posted its earnings results on Friday, March 14th. The company reported ($0.72) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.55) by ($0.17). The firm had revenue of $0.12 million for the quarter. On average, analysts expect Atlas Lithium to post $-3 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Atlas Lithium Stock Performance

ATLX opened at $5.70 on Monday. The firm has a market capitalization of $96.75 million, a price-to-earnings ratio of -1.39 and a beta of -1.12. Atlas Lithium has a one year low of $4.87 and a one year high of $20.00. The business has a 50 day simple moving average of $5.89 and a two-hundred day simple moving average of $7.08. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.54 and a quick ratio of 3.45.

Atlas Lithium Company Profile

Atlas Lithium Corporation operates as a mineral exploration and development company in Brazil. It operates the Minas Gerais lithium project that consists of 54 mineral rights covering an area of 59,275 acres located within the Brazilian Eastern Pegmatitic Province; and Northeastern Brazil lithium project, which consists of 7 mineral rights covering an area of 16,266 acres in the States of Paraíba and Rio Grande do Norte in northeastern Brazil.