ATLX
Price:
$5.07
Market Cap:
$91.49M
Atlas Lithium Corporation operates as a mineral exploration and mining company in Brazil. It focuses on advancing and developing its 100%-owned hard-rock lithium project, which consists of 52 mineral rights covering an area of 56,078 acres that is located primarily in the municipality of Araçuaí in the Vale do Jequitinhonha region of the state of Minas Gerais in Brazil. It also owns 100% interests in various mining concessions for gold, diamond, and industrial sand; and participates in iron and quartzite projects. The company was formerly known as Brazil Minerals, Inc. and changed its name to Atlas Lithium Corporation in October 2022. Atlas Lithium Corporation is based in Beverly Hills, Cali...[Read more]
Industry
Other Precious Metals
IPO Date
2022-12-23
Stock Exchange
NASDAQ
Ticker
ATLX
According to Atlas Lithium Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 3.69. This represents a change of 33.78% compared to the average of 2.76 of the last 4 quarters.
The mean historical Current Ratio of Atlas Lithium Corporation over the last ten years is 0.87. The current 3.69 Current Ratio has changed 42.19% with respect to the historical average. Over the past ten years (40 quarters), ATLX's Current Ratio was at its highest in in the September 2023 quarter at 8.66. The Current Ratio was at its lowest in in the December 2018 quarter at 0.03.
Average
0.87
Median
0.12
Minimum
0.03
Maximum
5.03
Discovering the peaks and valleys of Atlas Lithium Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 3.98%
Maximum Annual Current Ratio = 5.03
Minimum Annual Increase = -68.32%
Minimum Annual Current Ratio = 0.03
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.86 | -43.26% |
| 2023 | 5.03 | 3.98% |
| 2022 | 0.12 | 112.77% |
| 2021 | 0.06 | -55.75% |
| 2020 | 0.13 | 45.80% |
| 2019 | 0.09 | 194.71% |
| 2018 | 0.03 | -68.32% |
| 2017 | 0.10 | -21.34% |
| 2016 | 0.12 | -34.45% |
| 2015 | 0.19 | 6.22% |
The current Current Ratio of Atlas Lithium Corporation (ATLX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.67
5-year avg
1.64
10-year avg
0.87
Atlas Lithium Corporation’s Current Ratio is greater than NexMetals Mining Corp. (2.53), less than Brazil Potash Corp. (5.87), greater than Gold Resource Corporation (1.70), greater than 5E Advanced Materials Inc. (0.80), less than Fury Gold Mines Limited (7.69), less than Origin Materials, Inc. (6.37), greater than Namib Minerals Ordinary Shares (0.04), greater than Alto Ingredients, Inc. (3.56), greater than Largo Inc. (0.51), greater than Nova Minerals Limited (3.49),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.53 | $80.89M | |
| 5.87 | $92.53M | |
| 1.70 | $92.86M | |
| 0.80 | $89.78M | |
| 7.69 | $112.48M | |
| 6.37 | $73.32M | |
| 0.04 | $70.32M | |
| 3.56 | $216.00M | |
| 0.51 | $66.68M | |
| 3.49 | $177.94M |
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