Atlas Lithium Corporation (ATLX) Stock

Atlas Lithium Corporation (ATLX) is a Materials stock trading at $3.33 (as of 2026-08-24), with a market capitalization of $100.38M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Atlas Lithium Corporation is a mineral exploration and mining company operating in Brazil. It develops a 100%-owned hard-rock lithium project comprising 52 mineral rights in Minas Gerais, and it also holds 100% interests in mining concessions for gold, diamond, and industrial sand, with involvement in iron and quartzite projects.

Understand Atlas Lithium Corporation: how it makes money

Atlas Lithium Corporation explores and develops hard-rock lithium in Brazil (and also holds gold, diamond, and industrial sand interests), and it makes money based on advancing its lithium project into contracted offtake arrangements.

The business economics depend on turning project development into committed lithium sales, which is tracked through Phase 1 and Phase 2 offtake volumes.

Business quality (Weak): Clear operational focus on its 100%-owned hard-rock lithium project, but the latest quarter shows zero reported revenue and an extremely negative operating margin, so near-term financial signal is weak.

Bull case

  • 100%-owned hard-rock lithium project in Brazil (52 mineral rights, 56,078 acres) plus additional mining concessions and projects: This provides direct control of the resource and development pipeline that can feed future offtake and production.
  • Offtake progress is tracked with Phase 1 Offtake Volume and Phase 2 Offtake Volume Per Year: If offtake commitments expand, it supports the path from development toward revenue generation.

Bear case

  • Revenue is reported as 0.0B for the quarter ended 2026-03-31: With no reported revenue in the latest period, the business has not yet translated its project activity into sales in that quarter.
  • Operating margin is reported as -22574.7% for 2026-03-31: This indicates severe operating losses in the latest quarter, increasing uncertainty about cost structure and time to profitability.
Valuation — source: SEC EDGAR (first-party)
Price$3.33
Market Cap$100.38M
Price / Book1.87
Price / Sales422.56
FCF Yield-33.6%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$92491.00
Net Margin-30392.8%
Revenue Growth (YoY)133.9%
EPS Growth (YoY)12.9%
FCF Growth (YoY)50.1%
Financial Health — source: SEC EDGAR
Altman Z-Score-2.07 (distress)
Valuation vs Sector & Industry
Sector P/E (Materials)25.9
Industry P/E (Metal Mining)26.9
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderCITADEL ADVISORS LLC ($5.19M)
Institutional Holders Tracked10
Company
SectorMaterials
IndustryMetal Mining
CEOMarc Fogassa
Employees70
CountryUS
IPO Date2022-12-23

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ATLX earnings history · ATLX institutional & insider holders · ATLX KPIs & operating metrics · ATLX financials · ATLX investor presentations & press releases · ATLX SEC filings · ATLX peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.