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.
Africa Minner-Sibanye Gold Limited(SBSW) Lead Gains of Precious Metals
@Twelve_E：
The industry with the highest increase in US stocks on Wednesday was mining companies in the precious metals sector. The second-highest-ranked stocks were South African concept stocks. Coincidentally, the stock with the highest increase in the precious metals sector was $Sibanye Gold Limited(SBSW)$ Data from Tiger trade: Data as of April 16th. $Sibanye Gold Limited(SBSW)$ is a South African mining company focused on the production of platinum group metals (PGMs), $Gold - main 2506(GCmain)$ and uranium. Sibanye Gold Limited's main business is the mining and processing of precious metals. The company operates globally through its subsidiaries, involving precious metals such as gold and platinum group metals, which are widely used in industrial, jewelry and investment fields. The company's business model mainly relies on the mining, processing and sales of minerals, as well as investing in mining projects through royalties and streaming agreements. The company's profitability indicators show a profit margin of -6.51%, a return on assets of -3.85%, a return on equity of -11.43%, revenue of 112.13B, a net income of -7.3B, and diluted earnings per share of -$0.5400. Currently, Sibanye Stillwater's stock price is $4.91, and the average target price of $5.05 means that from the current price, there is about 2.85% upside in the next 12 months. The comment section contains some basic information and expectations of other companies in the above first chart.
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