Atlas Lithium (NASDAQ:ATLX) Announces Earnings Results

Atlas Lithium (NASDAQ:ATLX) announced its quarterly earnings data on Friday. The company reported ($0.72) earnings per share for the quarter, Zacks reports.

Atlas Lithium Stock Up 1.1 %

Shares of Atlas Lithium stock traded up $0.06 during trading on Friday, hitting $5.45. The company’s stock had a trading volume of 155,785 shares, compared to its average volume of 106,960. Atlas Lithium has a 52 week low of $4.87 and a 52 week high of $20.00. The company has a market capitalization of $84.02 million, a PE ratio of -1.33 and a beta of -1.11. The company has a fifty day simple moving average of $6.07 and a two-hundred day simple moving average of $7.33. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.45 and a current ratio of 3.54.

About Atlas Lithium

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.