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Atlas Lithium Corporation

ATLX

Atlas Lithium Corporation is a mineral exploration and development company primarily focused on advancing hard-rock lithium projects in Brazil's "Lithium Valley." The company aims to produce high-quality lithium concentrate, a critical component for the electric vehicle and renewable energy storage battery supply chains.

Market cap
$85.78M-6.5%
Net income-$37.3M-7.6%
Free cash flow-$35.3M-21.6%
EPS (diluted)-$1.56+28.4%
Trailing twelve months · change vs. prior year

Earnings

Q2 2026 report

August 14, 2026

Next report

Nov 12, 2026 (in 2 months)

Financials

Q2 2026

Income statement

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Operating income-$11.8M-93.2%
Net income-$10.2M-83.9%
EPS (diluted)-$0.35-12.9%

Balance sheet

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Cash & equivalents$36.1M+160%
Total debt$10.6M+1,829%
Total equity$47.4M+89.7%
Total assets$89.3M+41.1%

Cash flow

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Operating cash flow-$7.6M-94.3%
CapEx$602.9K-61.1%
Free cash flow-$8.2M-50.1%

Valuation & ratios

Valuation

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Market cap$89.1M-6.5%
Enterprise value$63.63M-23.1%

Returns & leverage

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Return on equity-103%-19.7pp
Debt / equity0.2×+0.2×
Current ratio2.4×+0.3×

Competitors

Profile

Atlas Lithium Corporation is a mineral exploration and development company primarily focused on advancing hard-rock lithium projects in Brazil's "Lithium Valley." The company aims to produce high-quality lithium concentrate, a critical component for the electric vehicle and renewable energy storage battery supply chains. Beyond lithium, the company maintains a portfolio of exploration properties for other battery and critical minerals including nickel, copper, rare earths, and graphite.

Competitive position

Atlas Lithium is an emerging producer in Brazil's resource-rich Lithium Valley, leveraging established infrastructure and a modular processing plant to transition from exploration to active production.

GeographiesBrazil
Customer segmentsBattery Supply Chain, Automotive OEMs, Energy Storage Systems
Business modelExploration and Production, Resource Extraction
SuppliersMining Equipment Manufacturers, Geological Survey Services, Hydroelectric Power Utilities, Industrial Suppliers
CustomersLithium Refiners, Battery Cell Manufacturers, EV Manufacturers
Listed2012
Employees76.0
CEOMarc Fogassa
FilingsSEC EDGAR

FAQ

What is Atlas Lithium Corporation's market cap?
Atlas Lithium Corporation (ATLX) has a market capitalization of $85.8M and trades on NASDAQ.
Who are Atlas Lithium Corporation's competitors?
Atlas Lithium Corporation's key competitors include Sigma Lithium Corporation, Lithium Americas Corp., Albemarle Corporation, and others. These companies compete in similar markets and product categories.
Who does Atlas Lithium Corporation partner with?
Atlas Lithium Corporation's notable partners include Eco Sondagens.
What subsidiaries does Atlas Lithium Corporation have?
Atlas Lithium Corporation's subsidiaries include Atlas Critical Minerals Corporation.
Where is Atlas Lithium Corporation headquartered?
Atlas Lithium Corporation is headquartered in United States of America and employs approximately 76 people. It has been publicly traded since 2012.