$845.67K in average volume shows that Atlas Lithium Corporation (ATLX) is heading in the right direction

Steve Mayer

Atlas Lithium Corporation (NASDAQ: ATLX) kicked off on Friday, down -9.47% from the previous trading day, before settling in for the closing price of $5.07. Over the past 52 weeks, ATLX has traded in a range of $3.54-$8.32.

During the last 5-year period, the sales drop of Basic Materials Sector giant was -44.05%. While this was happening, its average annual earnings per share was recorded 47.76%. With a float of $14.73 million, this company’s outstanding shares have now reached $21.80 million.

Atlas Lithium Corporation (ATLX) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Other Industrial Metals & Mining Industry. The insider ownership of Atlas Lithium Corporation is 37.57%, while institutional ownership is 11.80%. The most recent insider transaction that took place on Nov 30 ’25, was worth 70,800. Before that another transaction happened on Sep 24 ’25, when Company’s Director proposed sale 50,000 for $4.76, making the entire transaction worth $238,000.

Atlas Lithium Corporation (ATLX) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported -0.72 earnings per share (EPS), lower than consensus estimate (set at -0.42) by -0.3.

Atlas Lithium Corporation (NASDAQ: ATLX) Trading Performance Indicators

Take a look at Atlas Lithium Corporation’s (ATLX) current performance indicators. Last quarter, stock had a quick ratio of 3.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 601.06.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.92

Technical Analysis of Atlas Lithium Corporation (ATLX)

Looking closely at Atlas Lithium Corporation (NASDAQ: ATLX), its last 5-days average volume was 0.64 million, which is a jump from its year-to-date volume of 0.42 million. As of the previous 9 days, the stock’s Stochastic %D was 42.25%.

During the past 100 days, Atlas Lithium Corporation’s (ATLX) raw stochastic average was set at 13.27%, which indicates a significant decrease from 16.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.46 in the past 14 days, which was lower than the 0.51 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.28, while its 200-day Moving Average is $4.85. However, in the short run, Atlas Lithium Corporation’s stock first resistance to watch stands at $4.82. Second resistance stands at $5.06. The third major resistance level sits at $5.29. If the price goes on to break the first support level at $4.35, it is likely to go to the next support level at $4.12. Should the price break the second support level, the third support level stands at $3.88.

Atlas Lithium Corporation (NASDAQ: ATLX) Key Stats

The company with the Market Capitalisation of 108.19 million has total of 23,570K Shares Outstanding. Its annual sales at the moment are 670 K in contrast with the sum of -42,240 K annual income. Company’s last quarter sales were recorded 30 K and last quarter income was -5,560 K.

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