Twelve_E
04-17
1. $Atlas Lithium Corporation(ATLX)$ is a company focused on the exploration and development of lithium resources. It is also involved in the development of other key battery metals (such as nickel, rare earths, graphite, titanium, etc.). Founded in 2011, the US mineral exploration and mining company is headquartered in Beverly Hills, California. ,
2. Its core projects include:
- Neves Project: A hard rock lithium project located in Minas Gerais, Brazil, which plans to produce lithium concentrate through open-pit mining and processing.
- Salinas Project: Located about 60 miles north of the Neves Project, spodumene-rich pegmatites have been discovered and further geological and geophysical studies are underway.
- Financial data: In the third quarter of 2024, operating income was US$18.279 million and net profit was -US$5.6596 million. Earnings per share (TTM) -US$0.60. The current ratio is 3.54, indicating that the company has a strong short-term debt repayment ability. The return on equity (ROE) is -36.37% and the return on total assets (ROA) is -14.88%, indicating that the company still needs to improve its profitability.
According to MarketBeat data, the consensus target price of $Atlas Lithium Corporation(ATLX)$ is $33.17, the highest target price is $55.00, and the lowest target price is $19.00.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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