A share price of Atlas Lithium Corporation [ATLX] is currently trading at $5.34, up 19.73%. An important factor to consider is whether the stock is rising or falling in short-term value. The ATLX shares have gain 34.51% over the last week, with a monthly amount glided 37.63%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Atlas Lithium Corporation experienced fluctuations in its stock price throughout the past year between $3.54 and $13.26. Currently, Wall Street analysts expect the stock to reach $19 within the next 12 months. Atlas Lithium Corporation [NASDAQ: ATLX] shares were valued at $5.34 at the most recent close of the market. An investor can expect a potential return of 255.81% based on the average ATLX price forecast.
Analyzing the ATLX fundamentals
Trailing Twelve Months sales for Atlas Lithium Corporation [NASDAQ:ATLX] were 0.50M which represents -86.52% decline. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at -77.54%, Pretax Profit Margin comes in at -78.88%, and Net Profit Margin reading is -13.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.15, Equity is -1.53 and Total Capital is -0.98. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.45.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.81 points at the first support level, and at 4.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.65, and for the 2nd resistance point, it is at 5.96.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Atlas Lithium Corporation [NASDAQ:ATLX] is 2.33. On the other hand, the Quick Ratio is 2.26, and the Cash Ratio is 2.22. Considering the valuation of this stock, the price to sales ratio is 190.49, the price to book ratio is 3.95.
Transactions by insiders
Recent insider trading involved Marc Fogassa, Chief Executive Officer, that happened on Apr 02 ’25 when 0.17 million shares were purchased. Director, Roger Noriega completed a deal on Apr 01 ’25 to buy 50000.0 shares. Meanwhile, V.P Corp. Develop Brian W. Bernier bought 1400.0 shares on Sep 10 ’24.
