Atlas Lithium (ATLX) to Release Quarterly Earnings on Wednesday

Atlas Lithium (NASDAQ:ATLX) is expected to issue its quarterly earnings data before the market opens on Wednesday, March 26th. Analysts expect the company to announce earnings of ($0.55) per share for the quarter.

Atlas Lithium (NASDAQ:ATLX) last issued its quarterly earnings data on Friday, March 14th. The company reported ($0.72) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.55) by ($0.17). The firm had revenue of $0.12 million for the quarter. On average, analysts expect Atlas Lithium to post $-3 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Atlas Lithium Trading Down 0.4 %

NASDAQ:ATLX opened at $5.68 on Tuesday. Atlas Lithium has a one year low of $4.87 and a one year high of $20.00. The company has a market cap of $96.41 million, a PE ratio of -1.39 and a beta of -1.12. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.54 and a quick ratio of 3.45. The firm has a 50-day moving average of $5.87 and a 200-day moving average of $7.05.

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.