Atlas Lithium Corporation (ATLX): A Technical Analysis

LTHM Stock

ATLX has 36-month beta value of -3.86. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for ATLX is 8.22M, and currently, short sellers hold a 7.21% ratio of that float. The average trading volume of ATLX on April 25, 2025 was 152.29K shares.

ATLX) stock’s latest price update

Atlas Lithium Corporation (NASDAQ: ATLX)’s stock price has gone rise by 9.88 in comparison to its previous close of 4.05, however, the company has experienced a 12.94% increase in its stock price over the last five trading days. newsfilecorp.com reported 2025-03-10 that Boca Raton, Florida–(Newsfile Corp. – March 10, 2025) – Atlas Lithium Corporation (NASDAQ: ATLX), a leading lithium development company, announces the successful arrival of its modular Dense Media Separation (DMS) lithium processing plant at the Port of Santos, Brazil. This pivotal achievement underscores the Company’s progress toward becoming a key lithium producer in Brazil’s emerging Lithium Valley.

ATLX’s Market Performance

Atlas Lithium Corporation (ATLX) has seen a 12.94% rise in stock performance for the week, with a -20.54% decline in the past month and a -29.37% plunge in the past quarter. The volatility ratio for the week is 5.69%, and the volatility levels for the past 30 days are at 9.09% for ATLX. The simple moving average for the past 20 days is 1.38% for ATLX’s stock, with a -41.03% simple moving average for the past 200 days.

ATLX Trading at -12.22% from the 50-Day Moving Average

After a stumble in the market that brought ATLX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -74.89% of loss for the given period.

Volatility was left at 9.09%, however, over the last 30 days, the volatility rate increased by 5.69%, as shares sank -20.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.65% lower at present.

During the last 5 trading sessions, ATLX rose by +12.94%, which changed the moving average for the period of 200-days by -59.47% in comparison to the 20-day moving average, which settled at $4.39. In addition, Atlas Lithium Corporation saw -29.70% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ATLX starting from Marc Fogassa, who proposed sale 166,668 shares at the price of $5.36 back on Apr 02 ’25. After this action, Marc Fogassa now owns shares of Atlas Lithium Corporation, valued at $893,340 using the latest closing price.

Roger Noriega, the Director of Atlas Lithium Corporation, proposed sale 50,000 shares at $5.93 during a trade that took place back on Apr 01 ’25, which means that Roger Noriega is holding shares at $296,500 based on the most recent closing price.

Stock Fundamentals for ATLX

Current profitability levels for the company are sitting at:

  • -65.74 for the present operating margin
  • 0.4 for the gross margin

The net margin for Atlas Lithium Corporation stands at -0.06. The total capital return value is set at -840.74. Equity return is now at value -296.37, with -83.29 for asset returns.

Based on Atlas Lithium Corporation (ATLX), the company’s capital structure generated 0.33 points at debt to capital in total, while cash flow to debt ratio is standing at -2.05.

Currently, EBITDA for the company is -43.66 million with net debt to EBITDA at 0.12. When we switch over and look at the enterprise to sales, we see a ratio of 0.11. The receivables turnover for the company is 8651.34for trailing twelve months and the total asset turnover is 11.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.86.

Conclusion

To put it simply, Atlas Lithium Corporation (ATLX) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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