FY2025 EPS Estimates for Atlas Lithium Reduced by Analyst

Atlas Lithium Co. (NASDAQ:ATLX) – Stock analysts at Roth Capital reduced their FY2025 earnings per share (EPS) estimates for shares of Atlas Lithium in a research report issued on Wednesday, October 30th. Roth Capital analyst J. Reagor now expects that the company will earn $0.41 per share for the year, down from their prior forecast of $0.42. The consensus estimate for Atlas Lithium’s current full-year earnings is ($2.86) per share. Roth Capital also issued estimates for Atlas Lithium’s Q4 2025 earnings at $0.54 EPS.

Atlas Lithium (NASDAQ:ATLX) last announced its quarterly earnings results on Friday, August 9th. The company reported ($0.85) EPS for the quarter, missing the consensus estimate of ($0.70) by ($0.15). The business had revenue of $0.18 million during the quarter.

Other equities research analysts also recently issued reports about the stock. Roth Mkm decreased their price objective on shares of Atlas Lithium from $36.00 to $25.50 and set a “buy” rating for the company in a research note on Friday, July 26th. HC Wainwright restated a “buy” rating and set a $19.00 target price on shares of Atlas Lithium in a report on Tuesday.

Atlas Lithium Stock Up 3.6 %

Shares of NASDAQ:ATLX opened at $10.58 on Thursday. The stock has a 50-day simple moving average of $8.58 and a 200-day simple moving average of $11.13. The stock has a market capitalization of $156.61 million, a P/E ratio of -2.23 and a beta of -0.80. Atlas Lithium has a 1 year low of $6.25 and a 1 year high of $34.00. The company has a debt-to-equity ratio of 0.36, a quick ratio of 6.15 and a current ratio of 6.18.

Hedge Funds Weigh In On Atlas Lithium

An institutional investor recently raised its position in Atlas Lithium stock. Cross Staff Investments Inc lifted its position in shares of Atlas Lithium Co. (NASDAQ:ATLX) by 71.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 364,804 shares of the company’s stock after purchasing an additional 152,342 shares during the period. Atlas Lithium comprises 1.9% of Cross Staff Investments Inc’s portfolio, making the stock its 9th largest position. Cross Staff Investments Inc owned 2.46% of Atlas Lithium worth $2,481,000 at the end of the most recent reporting period. 18.35% of the stock is owned by institutional investors and hedge funds.

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.