Atlas Lithium (ATLX) Projected to Post Quarterly Earnings on Wednesday

Atlas Lithium (NASDAQ:ATLX) is projected to post its quarterly earnings results before the market opens on Wednesday, March 26th. Analysts expect Atlas Lithium to post 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) EPS for the quarter, missing the consensus estimate of ($0.55) by ($0.17). The firm had revenue of $0.12 million during 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 Stock Performance

Shares of ATLX opened at $5.70 on Monday. Atlas Lithium has a 1-year low of $4.87 and a 1-year high of $20.00. The company has a market capitalization of $96.75 million, a P/E 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’s 50 day simple moving average is $5.89 and its 200 day simple moving average is $7.08.

About Atlas Lithium

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.