Atlas Lithium (ATLX) Expected to Announce Quarterly Earnings on Wednesday

Atlas Lithium (NASDAQ:ATLX) is expected to be releasing its earnings data 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 released its quarterly earnings results on Friday, March 14th. The company reported ($0.72) earnings per share for the quarter, missing the consensus estimate of ($0.55) by ($0.17). The company had revenue of $0.12 million for 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 Trading Down 0.4 %

NASDAQ:ATLX opened at $5.68 on Tuesday. Atlas Lithium has a 52 week low of $4.87 and a 52 week high of $20.00. The firm has a 50-day moving average price of $5.87 and a two-hundred day moving average price of $7.05. The firm has a market cap of $96.41 million, a price-to-earnings ratio of -1.39 and a beta of -1.12. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.45 and a current ratio of 3.54.

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.