ATLX (Atlas Lithium Corporation) dropped -9.88 at the last close: Is This Today’s Most Popular Stock?

Sana Meer

A new trading day began on Monday, with Atlas Lithium Corporation (NASDAQ: ATLX) stock price down -9.88% from the previous day of trading, before settling in for the closing price of $5.77. ATLX’s price has ranged from $3.54 to $11.89 over the past 52 weeks.

Over the past five-year period, the drop rate of yearbook sales for the company of the Basic Materials sector was -44.05%. Meanwhile, its annual earnings per share averaged 6.53%. With a float of $10.18 million, this company’s outstanding shares have now reached $18.84 million.

Atlas Lithium Corporation (ATLX) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Other Industrial Metals & Mining Industry. The insider ownership of Atlas Lithium Corporation is 50.41%, while institutional ownership is 9.53%. The most recent insider transaction that took place on Sep 24 ’25, was worth 238,000. Before that another transaction happened on Sep 22 ’25, when Company’s Chief Executive Officer proposed sale 163,640 for $4.75, making the entire transaction worth $777,290.

Atlas Lithium Corporation (ATLX) Recent Fiscal highlights

In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.6 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.64 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 6.53% per share during the next fiscal year.

Atlas Lithium Corporation (NASDAQ: ATLX) Trading Performance Indicators

Here are Atlas Lithium Corporation’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 305.09.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.18, a number that is poised to hit -0.64 in the next quarter and is forecasted to reach -1.02 in one year’s time.

Technical Analysis of Atlas Lithium Corporation (ATLX)

Compared to the last year’s volume of 0.39 million, its volume of 0.97 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 11.77%.

During the past 100 days, Atlas Lithium Corporation’s (ATLX) raw stochastic average was set at 34.41%, which indicates a significant increase from 4.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.75 in the past 14 days, which was higher than the 0.47 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.38, while its 200-day Moving Average is $5.04. Nevertheless, the first resistance level for the watch stands at $5.65 in the near term. At $6.11, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.36. If the price goes on to break the first support level at $4.94, it is likely to go to the next support level at $4.69. Now, if the price goes above the second support level, the third support stands at $4.23.

Atlas Lithium Corporation (NASDAQ: ATLX) Key Stats

With a market capitalization of 106.78 million, the company has a total of 19,582K Shares Outstanding. Currently, annual sales are 670 K while annual income is -42,240 K. The company’s previous quarter sales were 30 K while its latest quarter income was -5,560 K.

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