1 week Ago By Defense World Staff
Atlas Lithium Co. ( NASDAQ:ATLX – Get Free Report ) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 547,900 shares, an increase of 7.
7% from the November 30th total of 508,500 shares. Currently, 7.3% of the shares of the company are sold short.
Based on an average daily volume of 123,300 shares, the days-to-cover ratio is presently 4.4 days. Analyst Ratings Changes Separately, HC Wainwright restated a “buy” rating and set a $19.
00 target price on shares of Atlas Lithium in a research note on Tuesday, October 29th. Check Out Our Latest Analysis on Atlas Lithium Hedge Funds Weigh In On Atlas Lithium Atlas Lithium Trading Down 2.5 % Atlas Lithium stock opened at $6.
33 on Thursday. The business has a 50 day moving average price of $7.72 and a two-hundred day moving average price of $8.
95. The company has a quick ratio of 3.45, a current ratio of 3.
54 and a debt-to-equity ratio of 0.41. The stock has a market cap of $97.
58 million, a price-to-earnings ratio of -1.55 and a beta of -1.69.
Atlas Lithium has a 12 month low of $6.12 and a 12 month high of $33.85.
Atlas Lithium ( NASDAQ:ATLX – Get Free Report ) last posted its quarterly earnings results on Friday, November 8th. The company reported ($0.60) EPS for the quarter, missing the consensus estimate of ($0.
56) by ($0.04). The business had revenue of $0.
17 million during the quarter. As a group, equities analysts forecast that Atlas Lithium will post -2.79 EPS for the current year.
Atlas Lithium Company Profile ( Get Free Report ) 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. Recommended Stories Five stocks we like better than Atlas Lithium Do ETFs Pay Dividends? What You Need to Know Work and Play: Investing in the Rise of Bleisure Travel What is MarketRankTM? How to Use it Top Dividend Stocks to Buy Now as Bond Yields Could Lower 3 Ways To Invest In Coffee, Other Than Drinking It SAP: AI Tailwinds Accelerating Enterprise Cloud Business Receive News & Ratings for Atlas Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlas Lithium and related companies with MarketBeat.
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