Atlas Lithium Inc. (ATLX)
Summary
Wall Street Analysts Believe Atlas Lithium Corporation (ATLX) Could Rally 246.31%: Here's is How to Trade
The average of price targets set by Wall Street analysts indicates a potential upside of 246.3% in Atlas Lithium Corporation (ATLX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Atlas Lithium Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 110 | $425.6 | $334.4 | -$91.2 | -21.43% |
| NK Nancy Kay Cross Staff Investments Inc. | 558,718 | $5.99M | $1.7M | -$4.3M | -71.67% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 50 | $238 | $152 | -$86 | -36.13% |
 Brian Dechow SWAN Capital LLC | 750 | $2,835 | $2,280 | -$555 | -19.58% |
| HFT Hui Fai Tam Caitong International Asset Management Co. Ltd. | 3 | $13 | $9.12 | -$3.88 | -29.85% |
Atlas Lithium Inc. (ATLX) FAQ
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Atlas Lithium Inc. Profile
| Metals & Mining Industry | Materials Sector | Marc Fogassa CEO | NASDAQ (CM) Exchange | 105861306 CUSIP |
| BR Country | 64 Employees | - Last Dividend | 23 Dec 2022 Last Split | - IPO Date |
Overview
Atlas Lithium Corporation is a prominent mineral exploration and development company based in Brazil, focusing primarily on the rich lithium deposits within the country. The company prides itself on operating significant projects such as the Minas Gerais lithium project and the Northeastern Brazil lithium project, which together cover a substantial area and are strategically located within Brazil's fertile lithium provinces. Originally known as Brazil Minerals, Inc., the company underwent a strategic rebranding in October 2022 to Atlas Lithium Corporation, reflecting its heightened focus on lithium exploration and development. Since its inception in 2011, Atlas Lithium has expanded its portfolio to include a variety of other minerals, positioning itself as a diversified mining company with a broad operational scope and a keen interest in leveraging Brazil's extensive mineral resources.
Products and Services
- Lithium Exploration and Development
- Gold, Diamond, and Industrial Sand Mining
- Exploration of Other Minerals
- Participation in Iron and Quartzite Projects
At the forefront of Atlas Lithium Corporation's operations is the exploration and development of lithium, a critical component in rechargeable batteries and various high-tech applications. The company's significant projects in Brazil, including the Minas Gerais and Northeastern Brazil lithium projects, span over 75,000 acres, indicating a substantial commitment to securing and developing lithium reserves within the Brazilian Eastern Pegmatitic Province and beyond.
Atlas Lithium holds 100% interests in various mining concessions for gold, diamond, and industrial sand. These commodities add a valuable diversification to the company's portfolio, allowing it to tap into different market demands and leverage its extensive mining expertise across multiple sectors.
The company actively explores and develops projects and properties in nickel, copper, rare earths, graphite, and titanium. This diverse range of minerals signifies Atlas Lithium's strategic approach to mineral exploration, emphasizing the importance of a diversified portfolio in mitigating risks and capturing opportunities across the booming mineral market.
In addition to its core operations, Atlas Lithium participates in projects focused on iron and quartzite. These partnerships and collaborations further broaden the company's operational base, highlighting its flexible and dynamic approach to mineral development in Brazil's competitive and resource-rich landscape.
