FY2025 EPS Estimates for Atlas Lithium Reduced by Analyst

Atlas Lithium Co. (NASDAQ:ATLX) – Research analysts at Roth Capital cut their FY2025 earnings per share estimates for Atlas Lithium in a research report issued to clients and investors on Wednesday, October 30th. Roth Capital analyst J. Reagor now anticipates that the company will post earnings per share of $0.41 for the year, down from their previous forecast of $0.42. The consensus estimate for Atlas Lithium’s current full-year earnings is ($2.86) per share. Roth Capital also issued estimates for Atlas Lithium’s Q4 2025 earnings at $0.54 EPS.

Several other analysts have also recently issued reports on the company. HC Wainwright reiterated a “buy” rating and set a $19.00 target price on shares of Atlas Lithium in a research report on Tuesday. Roth Mkm cut their price objective on shares of Atlas Lithium from $36.00 to $25.50 and set a “buy” rating for the company in a report on Friday, July 26th.

Atlas Lithium Trading Down 3.9 %

Shares of ATLX stock opened at $9.66 on Thursday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 6.15 and a current ratio of 6.18. The stock has a fifty day simple moving average of $8.55 and a two-hundred day simple moving average of $11.09. The firm has a market capitalization of $147.32 million, a PE ratio of -2.11 and a beta of -0.80. Atlas Lithium has a 52-week low of $6.25 and a 52-week high of $34.00.

Atlas Lithium (NASDAQ:ATLX) last issued its quarterly earnings results on Friday, August 9th. The company reported ($0.85) earnings per share for the quarter, missing the consensus estimate of ($0.70) by ($0.15). The business had revenue of $0.18 million for the quarter.

Institutional Investors Weigh In On Atlas Lithium

A hedge fund recently raised its stake in Atlas Lithium stock. Cross Staff Investments Inc raised its position in shares of Atlas Lithium Co. (NASDAQ:ATLX) by 71.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 364,804 shares of the company’s stock after buying an additional 152,342 shares during the quarter. Atlas Lithium comprises 1.9% of Cross Staff Investments Inc’s portfolio, making the stock its 9th biggest holding. Cross Staff Investments Inc owned approximately 2.46% of Atlas Lithium worth $2,481,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 18.35% of the company’s stock.

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.