Atlas Lithium Corporation (ATLX)Basic Materials | Other Industrial Metals & Mining | Belo Horizonte, Brazil | NasdaqCM
3.17 USD
-0.11
(-3.354%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 3.17 |
Hot Take ↕ | July 11, 2026, 6:55 a.m. EDT
The investment case for Atlas Lithium is currently paralyzed by a severe disconnect between its speculative narrative and its financial reality. While the company boasts a 'strong buy' analyst rating and a target price of $12.50—implying a potential fourfold return—the underlying fundamentals tell a story of distress. The stock is trading at a negative forward P/E, generating negative free cash flow, and posting a return on equity of nearly -100%. The price history confirms this deterioration, showing a brutal -98.9% drop over the last nine years, with the most recent annual performance being another sharp decline. Despite the bleak fundamentals, the options market is telling a different story, positioning heavily around the $2.50 level. This creates a dangerous 'pin risk' scenario where the stock could remain range-bound or drift lower until a catalyst forces a move. The recent insider selling by the CEO, while he retains a large stake, adds a layer of skepticism regarding immediate operational confidence. Until the company demonstrates a clear path to profitability or a definitive timeline for Neves production that translates into revenue, the massive valuation gap between the current price and the analyst targets remains unjustified. For now, the risk of permanent capital loss due to continued operational delays outweighs the speculative upside. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.214749 |
| AutoTheta | 0.270356 |
| MSTL | 0.271653 |
| AutoETS | 0.276034 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 29% |
| H-stat | 4.56 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.020 |
| Excess Kurtosis | 0.37 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Debt to Equity Ratio | 20.401 |
| Revenue per Share | 0.007 |
| Market Cap | 93,486,120 |
| Forward P/E | -5.20 |
| Beta | 0.13 |
| Previous Name | Brazil Minerals, Inc. |
| Website | https://www.atlas-lithium.com |
As of July 11, 2026, 6:55 a.m. EDT: Options activity reveals a distinct 'pin risk' setup at the $2.50 strike, which acts as a massive wall of open interest for both calls and puts across multiple expirations. This heavy concentration suggests speculators are betting on a binary event where the price will either gap up significantly or get trapped there. However, the lack of significant volume in out-of-the-money calls relative to the deep in-the-money put volume indicates that the market is currently pricing in a high probability of further downside or stagnation rather than an immediate rally. Implied volatility is elevated, reflecting uncertainty about whether the company can bridge the gap to production.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.18407959 |
| Address1 | Rua Antonio de Albuquerque |
| Address2 | 156 – 17th Floor |
| All Time High | 412,500.0 |
| All Time Low | 0.0 |
| Ask | 3.95 |
| Ask Size | 2 |
| Average Analyst Rating | 1.0 - Strong Buy |
| Average Daily Volume10 Day | 407,660 |
| Average Daily Volume3 Month | 759,493 |
| Average Volume | 759,493 |
| Average Volume10Days | 407,660 |
| Beta | 0.129 |
| Bid | 2.32 |
| Bid Size | 2 |
| Book Value | 1.636 |
| City | Belo Horizonte |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | Brazil |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 3.17 |
| Current Ratio | 2.523 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 3.25 |
| Day Low | 3.07 |
| Debt To Equity | 20.401 |
| Display Name | Atlas Lithium |
| Ebitda | -38,542,152 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -2.003 |
| Enterprise To Revenue | 544.677 |
| Enterprise Value | 77,181,840 |
| Eps Current Year | -1.58 |
| Eps Forward | -0.61 |
| Eps Trailing Twelve Months | -1.49 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 4.2545 |
| Fifty Day Average Change | -1.0844998 |
| Fifty Day Average Change Percent | -0.25490654 |
| Fifty Two Week Change Percent | -18.407959 |
| Fifty Two Week High | 8.25 |
| Fifty Two Week High Change | -5.08 |
| Fifty Two Week High Change Percent | -0.6157576 |
| Fifty Two Week Low | 3.07 |
| Fifty Two Week Low Change | 0.10000014 |
| Fifty Two Week Low Change Percent | 0.03257334 |
| Fifty Two Week Range | 3.07 - 8.25 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,362,061,800,000 |
| Float Shares | 21,492,664 |
| Forward Eps | -0.61 |
| Forward P E | -5.196721 |
| Free Cashflow | -23,178,896 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 64 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.53131 |
| Gross Profits | 75,287 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.28506002 |
| Held Percent Institutions | 0.18155001 |
| Implied Shares Outstanding | 29,490,887 |
| Industry | Other Industrial Metals & Mining |
| Industry Disp | Other Industrial Metals & Mining |
| Industry Key | other-industrial-metals-mining |
| Ipo Expected Date | 2,023-01-10 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | 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 square kilometers located in northeastern Minas Gerais, Brazil; and Northeastern Brazil Lithium project covering an area of 71 square kilometers 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, titanium, 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. |
| Long Name | Atlas Lithium Corporation |
| Market | us_market |
| Market Cap | 93,486,120 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_211777483 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-07-13 |
| Net Income To Common | -32,651,044 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 96,730,109 |
| Number Of Analyst Opinions | 1 |
| Open | 3.21 |
| Operating Cashflow | -28,393,230 |
| Operating Margins | -225.74733 |
| Payout Ratio | 0.0 |
| Phone | 55 83 3661 7900 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 3.17 |
| Post Market Time | 1,783,986,447 |
| Prev Name | Brazil Minerals, Inc. |
| Previous Close | 3.28 |
| Price Eps Current Year | -2.006329 |
| Price Hint | 4 |
| Price To Book | 1.9376528 |
| Price To Sales Trailing12 Months | 659.7375 |
| Profit Margins | 0.0 |
| Quick Ratio | 2.444 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.0 |
| Region | US |
| Regular Market Change | -0.11 |
| Regular Market Change Percent | -3.35366 |
| Regular Market Day High | 3.25 |
| Regular Market Day Low | 3.07 |
| Regular Market Day Range | 3.07 - 3.25 |
| Regular Market Open | 3.21 |
| Regular Market Previous Close | 3.28 |
| Regular Market Price | 3.17 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 468,950 |
| Return On Assets | -0.32564998 |
| Return On Equity | -0.99267995 |
| Revenue Growth | 1.955 |
| Revenue Per Share | 0.007 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Shares Outstanding | 29,490,887 |
| Shares Percent Shares Out | 0.087799996 |
| Shares Short | 2,588,785 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 1,792,804 |
| Short Name | Atlas Lithium Corporation |
| Short Percent Of Float | 0.1108 |
| Short Ratio | 4.1 |
| Source Interval | 15 |
| State | MG |
| Symbol | ATLX |
| Target High Price | 12.5 |
| Target Low Price | 12.5 |
| Target Mean Price | 12.5 |
| Target Median Price | 12.5 |
| Total Cash | 34,358,624 |
| Total Cash Per Share | 1.165 |
| Total Debt | 10,757,695 |
| Total Revenue | 141,702 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -1.49 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 4.79435 |
| Two Hundred Day Average Change | -1.6243501 |
| Two Hundred Day Average Change Percent | -0.33880505 |
| Type Disp | Equity |
| Volume | 468,950 |
| Website | https://www.atlas-lithium.com |
| Zip | 30,112-010 |