Atlas Lithium (NASDAQ:ATLX) Posts Quarterly Earnings Results

Atlas Lithium (NASDAQ:ATLX) posted its earnings results on Friday. The company reported ($0.72) EPS for the quarter, Zacks reports.

Atlas Lithium Price Performance

Shares of ATLX stock traded up $0.06 during trading on Friday, hitting $5.45. The company had a trading volume of 155,985 shares, compared to its average volume of 106,968. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.45 and a current ratio of 3.54. The firm has a market capitalization of $84.02 million, a P/E ratio of -1.33 and a beta of -1.11. The stock’s 50-day moving average price is $6.07 and its 200 day moving average price is $7.33. Atlas Lithium has a one year low of $4.87 and a one year high of $20.00.

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.