Atlas Lithium Inc

Atlas Lithium Corp. operates as a U.S. mineral exploration and mining company with projects and properties in essentially all battery metals, including lithium, rare earths, graphite, nickel, cobalt, and titanium. The firm focuses on developing its hard-rock lithium project located in a premier pegmatitic district in Brazil Minas Gerais and Northeastern Brazil. Additionally, through subsidiaries, it participates in iron, gold, and quartzite projects and owns multiple mining concessions for gold, diamond, and industrial sand. The company was founded on December 15, 2011 and is headquartered in Beverly Hills, CA.

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Atlas Lithium Corp. operates as a U.S. mineral exploration and mining company with projects and properties in essentially all battery metals, including lithium, rare earths, graphite, nickel, cobalt, and titanium. The firm focuses on developing its hard-rock lithium project located in a premier pegmatitic district in Brazil Minas Gerais and Northeastern Brazil. Additionally, through subsidiaries, it participates in iron, gold, and quartzite projects and owns multiple mining concessions for gold, diamond, and industrial sand. The company was founded on December 15, 2011 and is headquartered in Minas Gerais,BR.

Albemarle

Amplify Lithium & Battery Technology ETF

iShares Lithium Miners and Producers ETF

Global X Lithium & Battery Tech ETF

Piedmont Lithium

Sociedad Quimica Y Minera De Chile

Crisis will turn into an opportunity for lithium stocks. That's because supply issues are only temporary.

7 Lithium Stocks Ready for a Major Comeback

HIGHLIGHTS - Renowned lithium expert Brian Talbot has agreed to join Atlas Lithium as Chief Operating Officer and Member of the Company's Board of Directors on April 1, 2024, a highly significant milestone. - Brian Talbot's addition to Atlas Lithium's team further enables the Company's early revenue strategy targeting first lithium concentrate production in Q4 2024.

Renowned Lithium Executive Brian Talbot to Join Atlas Lithium as Chief Operating Officer and Director

Lithium Americas Corp

Sigma Lithium Corp

Investors certainly can't be blamed for avoiding lithium stocks right now. Prices for the battery metal continue to be low after a year in 2023 that saw the sector implode.

7 Lithium Stocks Built for the Long Haul

Arcadium Lithium PLC

Lithium Americas Argentina Corp

China lithium carbonate spot prices appear to have reached their lowest point. CITIC Futures predicts that China lithium carbonate prices will average CNY 100,000 in 2024. Many lithium stocks are currently trading near their 52-week lows, presenting potential buying opportunities.

Top 10 Lithium Companies To Consider

American Lithium Corp

If data centers are powering AI's future, mined lithium will power the EV and tech sectors, which rely on mobility. Over a 5-year period, lithium prices have reached their lowest level since August 2021.

The 3 Most Undervalued Lithium Stocks to Buy in March 2024

HIGHLIGHTS Construction of Atlas Lithium's modular dense media separation ("DMS") lithium processing plant remains on schedule for delivery to Brazil in Q2 2024 with first commissioning and production of lithium concentrate expected in Q4 2024. Atlas Lithium's team of DMS experts is utilizing a compact, modular design of the plant to expedite construction and reduce its footprint and weight compared to less optimal designs.

Atlas Lithium Progresses with DMS Plant Construction; Remains on Schedule for Q4 2024 Production

HIGHLIGHT Anitta 3 current cross sections reveal two ore bodies with individual true widths up to 42m and combined true widths of up to 52m in certain sections, and with mineralized lithium-bearing spodumene starting near the surface Boca Raton, Florida--(Newsfile Corp. - February 20, 2024) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium exploration and development company, is pleased to announce the continued expansion of its Anitta 3 pegmatite at its Neves Project in Brazil's Lithium Valley. Recent drill holes have intersected further high-grade lithium mineralization, demonstrating the potential of this deposit.

Atlas Lithium Expands Anitta 3 Pegmatite, Provides Representative Cross-Sections

HIGHLIGHTS Atlas Lithium management to share lithium project progress at BMO Global Metals & Mining Conference taking place February 25-28, 2024, in Hollywood, Florida Atlas Lithium CEO Marc Fogassa to present the company's growth story at the Brazil Day during the Prospectors & Developers Association of Canada (PDAC) 2024 convention taking place March 3-6 in Toronto Boca Raton, Florida--(Newsfile Corp. - February 12, 2024) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium exploration and development company, is pleased to announce its participation in two premier mining events. As Atlas Lithium prepares for the transition from exploration into production of sustainable lithium concentrate later this year, these prominent events will provide an opportunity to showcase the considerable progress the Company has achieved.

Atlas Lithium to Showcase Its Growth Story at Premier Mining Conferences

Amidst the current market turbulence, shrewd investors are eyeing the dip in lithium prices as an ideal opportunity to wager on the most promising lithium stocks to buy. Lithium's pivotal role in the burgeoning electric vehicle (EV) sector and high-tech industries positions for significant long-term expansion.

7 Lithium Stocks to Buy for the Next Bull Run: February 2024

HIGHLIGHTS Atlas Lithium invited to co-host premier Brazil Lithium Summit in Belo Horizonte on June 12-13, 2024 Event endorsed by Invest Minas to connect key Brazilian stakeholders with premier lithium companies operating in Brazil Boca Raton, Florida--(Newsfile Corp. - January 29, 2024) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium exploration and development company, is pleased to announce that it was invited to co-host Brazil Lithium Summit 2024. Brazil has established itself as an emerging leader in environmentally sustainable lithium production.

Atlas Lithium to Co-Host the Brazil Lithium Summit 2024

Standard Lithium Ltd

If we want to find something that blends technology, science and a healthier, cleaner world, we need to talk about lithium stocks. Lithium is becoming increasingly indispensable in the world of batteries and electric vehicles.

The 3 Most Undervalued Lithium Stocks to Buy in January

The China lithium carbonate spot prices look to be approaching a bottom after falling 80% from its high. Several higher cost lithium mines are shutting down or reducing production. This typically leads to less supply, price stabilization and potentially some price recovery as demand grows. Consider buying quality lithium stocks as many are near their 52-week lows and well below analyst's price targets as summarized in the article.

Top 10 Lithium Companies To Consider As We Potentially Approach A Lithium Price Bottom

HIGHLIGHTS Several recent drill holes in Anitta 3 and Anitta 4 pegmatites intersected further high-grade lithium mineralization: Drill hole DHAB-345 intersected 1.44% Li 2 O over 47.00m from 59m depth DHAB-347 intersected 1.32% Li 2 O over 42.88m from 133m depth and 1.20% Li 2 O over 9.65m from 223m depth DHAB-354 intersected 1.06% Li 2 O over 11.60m from 153m depth DHAB-356 intersected 0.96% Li 2 O over 12.55m from 29m depth and 1.96% Li 2 O over 3.40m from 127m depth Drill hole DHAB-339 intersected 1.52% Li 2 O over 20.90m from 82m depth and 1.70% Li 2 O over 9.00m from 162m depth At Anitta 4, DHAB-353 intersected 1.41% Li 2 O over 7.63m from 79m depth and DHAB-362 intersected 1.41% Li 2 O over 6.30m from 102m depth Drone magnetics geophysics surveys have now started and are planned to cover the entire Neves Project Boca Raton, Florida--(Newsfile Corp. - January 8, 2024) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium exploration and development company, is pleased to announce additional strong geochemical lithium assay results from the ongoing drilling campaign at its Neves Project in Brazil's Lithium Valley. The Neves Project consists of four mineral rights totaling 2,684 hectares in this proven lithium mining district.

Atlas Lithium Intersects Wide, High-Grade Lithium Mineralization, Continues Expansion of "Anitta 3" and "Anitta 4" Pegmatites

Atlas Lithium Corporation has secured $50 million in investments and is set to begin production next year. The company operates in Brazil and has two key projects: the Minas Gerais Lithium Project and the Northeastern Brazil Lithium Project. The demand for lithium is expected to steadily increase, and ATLX is well-positioned to be a major supplier in the Brazilian market.

Atlas Lithium: Progress Has Been Made (Rating Upgrade)

TORONTO--(BUSINESS WIRE)-- #ESG--Lithium Royalty Corp. (TSX: LIRC) (“LRC”) is pleased to announce that Atlas Lithium Corporation (“Atlas”) disclosed today that Atlas has fully funded Phase I of its lithium project in Brazil's Lithium Valley, with first production of Phase I expected to start in Q4 2024. LRC invested US$20 million in Atlas in May 2023, in exchange for a 3.0% gross overriding revenue royalty (GOR). At the time, Atlas had only contemplated Phase I production of 150,000tpa of spodumene co.

Atlas Lithium Achieves Fully Funded Status with First Production Expected in 2024

(Kitco News) - Shares of lithium developer Atlas Lithium (NASDAQ: ATLX) closed 12.5% higher today after the company announced it is fully funded to first production at the Neves lithium project in Brazil.

Atlas Lithium says fully funded to first production in 2024, shares up

HIGHLIGHTS Direct investment at a premium into Atlas Lithium and offtake agreements for Phase 1 of Atlas Lithium's battery grade spodumene concentrate production have been executed with two top lithium chemical companies, Chengxin Lithium Group and Yahua Industrial Group, suppliers of lithium hydroxide to Tesla, BYD, and LG, among others. Goldman Sachs served as financial advisor to Atlas Lithium in these transactions.

Atlas Lithium Fully Funded to First Production in 2024

Compass Minerals

E3 Lithium Limited

5E Advanced Materials Inc

Lithium chemical spot prices and spodumene prices were significantly lower the past month. Lithium market news - Biden-Harris Administration announces $3.5 billion to strengthen domestic battery manufacturing and its supply chain. Albemarle flags output cuts. Junior lithium miner company news - Atlantic Lithium rejects non-binding indicative offers from Assore. Wildcat Resources hits 180m @ 1.1% Li2O.

Lithium Junior Miners News For The Month Of November 2023

Vancouver, British Columbia--(Newsfile Corp. - November 9, 2023) - Canadian Palladium Resources Inc. (CSE: BULL) (OTCQB: DCNNF) (FSE: DCR1) (the "Company") is pleased to announce that it has entered into a share purchase agreement to acquire ("Transaction") all of the issued and outstanding shares of 1439266 BC Ltd. ‎‎("143 BC"), the ‎legal and beneficial owner of a 100% interest in 15 mineral tenements totalling ‎‎24,427.28 hectares ("Property") located in 'Lithium Valley' in Minas Gerais State, Brazil.

Canadian Palladium Announces Agreement to Acquire Mineral Properties in East Brazilian 'Lithium Belt '

HIGHLIGHTS Renowned mining professional Martin Rowley leads investment round of US$ 20,000,000 for Atlas Lithium. Mr. Rowley is a pioneer of the modern lithium industry and has over 40 years of experience as a founder, financier, and highly successful mining entrepreneur.

Atlas Lithium Secures US$ 20,000,000 Investment from Lithium Investors Including Lead Advisor Martin Rowley

Boca Raton, Florida--(Newsfile Corp. - November 1, 2023) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading mineral exploration and development company, today announced that it has been invited to present at the annual Goldman Sachs Global Metals and Mining Conference (the "Conference") taking place in New York, NY on November 15-16, 2023. Atlas Lithium will be a key participant in the flagship lithium panel which will open the Conference on November 15, 2023 at 8:15am ET.

Atlas Lithium to Present at the Prestigious Goldman Sachs Global Metals and Mining Conference

Progressing on Preliminary Economic Analysis Report for Release in Q1, 2024 Alongside Mineral Resource Estimate Boca Raton, Florida--(Newsfile Corp. - October 23, 2023) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading mineral exploration company, today provided a corporate update for the third quarter ended September 30, 2023. Key Operational Highlights Recent exploration efforts at the Company's 100%-owned flagship Neves Project have identified six new and promising target areas, complementing the four confirmed pegmatite bodies with spodumene mineralization, known as Anitta 1, 2, 3, and 4.

Atlas Lithium Provides Third Quarter 2023 Corporate Update

HIGHLIGHTS Several recent drill holes in Anitta 3 intersected high-grade lithium mineralization: Drill hole DHAB-208 intersected 1.64% Li 2 O over 18.00 meters starting at only 67.6-meter depth DHAB-211 intersected 1.31% Li 2 O over 14.89 meters DHAB-214 intersected 1.70% Li 2 O over 26.55 meters, including 2.12% Li 2 O over 20.00 meters DHAB-220 intersected 1.34% Li 2 O over 9.72 meters Boca Raton, Florida--(Newsfile Corp. - October 23, 2023) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium exploration and development company, is pleased to announce promising geochemical lithium assay results from the ongoing drilling campaign at its Neves Project in Brazil's Lithium Valley. The Neves Project consists of four mineral rights totaling 2,684 hectares in this proven lithium mining district.

Atlas Lithium Intersects More High-Grade Lithium Mineralization and Extends "Anitta 3" Pegmatite

HIGHLIGHTS Recent exploration efforts have identified six new, promising target areas within the Company's flagship Neves Project Priority target areas will be further delineated by trenching and drilling Regional, systematic lithium exploration program will study multiple other mineral exploration rights owned by Atlas Lithium within its broader 240-square kilometer Minas Gerais Lithium Project Boca Raton, Florida--(Newsfile Corp. - October 17, 2023) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium exploration and development company, is pleased to unveil a wide-range project-specific and regional exploration strategy. Designed by newly appointed Chief Geology Officer James Abson, this strategy taps into his 29 years of multifaceted expertise across mining and mineral exploration with primary focus on hard-rock lithium.

Atlas Lithium Outlines Wide-Range Exploration Strategy for Lithium Resources

Boca Raton, Florida--(Newsfile Corp. - October 4, 2023) - Atlas Lithium Corporation (NASDAQ: ATLX) (FSE: C480) ("Atlas Lithium" or "Company"), a leading mineral exploration and development company, is pleased to announce that it has appointed Frankfurt-based DGWA, the German Institute for Asset and Equity Allocation and Valuation (Deutsche Gesellschaft für Wertpapieranalyse GmbH) as the Company's investor relations and corporate advisor in Europe. This appointment seeks to maximize the value of the pre-existing dual listing of the Company's common shares on the Frankfurt Stock Exchange, Tradegate, and other German exchanges (WKN: A3D3MQ).

News for Atlas Lithium Inc Stock (ATLX)