Atlas Lithium (NASDAQ:ATLX) versus American Battery Technology (NASDAQ:ABAT) Financial Comparison

American Battery Technology (NASDAQ:ABATGet Free Report) and Atlas Lithium (NASDAQ:ATLXGet Free Report) are both small-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, institutional ownership, valuation, dividends, analyst recommendations, earnings and profitability.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for American Battery Technology and Atlas Lithium, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
American Battery Technology 0 0 1 0 3.00
Atlas Lithium 0 0 3 0 3.00

American Battery Technology currently has a consensus target price of $6.00, indicating a potential upside of 347.76%. Atlas Lithium has a consensus target price of $43.67, indicating a potential upside of 222.98%. Given American Battery Technology’s higher possible upside, research analysts clearly believe American Battery Technology is more favorable than Atlas Lithium.

Profitability

This table compares American Battery Technology and Atlas Lithium’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
American Battery Technology N/A -36.74% -29.04%
Atlas Lithium N/A -550.97% -146.10%

Institutional and Insider Ownership

9.9% of American Battery Technology shares are held by institutional investors. Comparatively, 18.4% of Atlas Lithium shares are held by institutional investors. 4.0% of American Battery Technology shares are held by company insiders. Comparatively, 37.3% of Atlas Lithium shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Valuation & Earnings

This table compares American Battery Technology and Atlas Lithium’s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
American Battery Technology N/A N/A -$9.29 million N/A N/A
Atlas Lithium $10,000.00 17,265.04 -$41.39 million ($4.06) -3.33

American Battery Technology has higher earnings, but lower revenue than Atlas Lithium.

About American Battery Technology

(Get Free Report)

American Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction of battery metals, as well as commercializes integrated process for the recycling of lithium-ion batteries. The company was formerly known as American Battery Metals Corporation. American Battery Technology Company was incorporated in 2011 and is headquartered in Reno, Nevada.

About Atlas Lithium

(Get Free Report)

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 ParaĆ­ba and Rio Grande do Norte in northeastern Brazil. The company also owns 100% interests in various mining concessions for gold, diamond, and industrial sand; and early-stage projects and properties in other minerals, such as nickel, copper, rare earths, graphite, and titanium; as well as participates in iron and quartzite projects. 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.

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