Atlas Lithium Corp (ATLX) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Atlas Lithium Corp (ATLX) stock forecast summary
Our AI scores Atlas Lithium Corp every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Atlas Lithium Corp is a small-cap company with a market capitalization of $51M. It ranks number 17 by market capitalization among the 21 Mining & Quarrying of Nonmetallic Minerals (No Fuels) issuers in our coverage with a current forecast. Its Net Margin of -33954.4% is the lowest of the 8 peers that report one. Its Gross Margin of 85.1% is the highest of the 10 peers that report one.
For ATLX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 20.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 11.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, ATLX included.
ATLX price chart and AI forecast
How ATLX ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Atlas Lithium Corp (ATLX) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Mining & Quarrying of Nonmetallic Minerals (No Fuels) peers listed below that report each metric.
Valuation & Market
| Metric | ATLX | Rank |
|---|---|---|
| Market Cap | $51M | 17/21 |
| P/B Ratio | 1.07x | 10/12 |
| EPS | $-1.58 | – |
| Book Value/Share | $1.57 | – |
| Revenue/Share | $0.00 | – |
| FCF/Share | $-1.17 | – |
Profitability & Margins
| Metric | ATLX | Rank |
|---|---|---|
| ROE | -78.7% | 8/9 |
| ROA | -41.8% | 7/11 |
| ROIC | -59.9% | 11/12 |
| Gross Margin | 85.1% | 1/10 |
| Operating Margin | -40335.0% | 11/11 |
| Net Margin | -33954.4% | 8/8 |
| EBT Margin | -39534.3% | 11/11 |
Financial Health
| Metric | ATLX | Rank |
|---|---|---|
| Current Ratio | 2.43x | 10/17 |
| Quick Ratio | 2.40x | 4/11 |
| D/E Ratio | 0.75x | 8/17 |
| Financial Leverage | 1.88x | 6/16 |
| Interest Coverage | -73.0x | 10/12 |
| Working Capital | $22M | 11/16 |
Cash Flow
| Metric | ATLX | Rank |
|---|---|---|
| Operating Cash Flow | -$32M | 13/14 |
| Free Cash Flow | -$35M | 9/10 |
| Capital Spending | -$3M | 1/10 |
| FCF/Sales | -32078.7% | 9/9 |
| CapEx/Sales | 2893.2% | 1/9 |
Operational Efficiency
| Metric | ATLX | Rank |
|---|---|---|
| Asset Turnover | 0.00x | 9/9 |
| Inventory Turnover | 0.0x | 8/8 |
| Fixed Assets Turnover | 0.0x | 9/9 |
| Days Inventory | 10112 days | 1/8 |
| Payables Period | 96979 days | 1/7 |
Income Statement
| Metric | ATLX | Rank |
|---|---|---|
| Total Revenue | $110K | 10/10 |
| Operating Income | -$44M | 12/14 |
| Net Income | -$37M | 9/11 |
| Cost of Goods Sold | $20K | 8/8 |
Dividend & Shareholder Information
| Metric | ATLX | Rank |
|---|---|---|
| Shares Outstanding | 30M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $37M | 45.1% of assets |
| Cash & Short-term Investments | $36M | 43.5% of assets |
| Inventory | $520K | 0.6% of assets |
| Total Liabilities | $36M | 43.0% of assets |
| Short-term Debt | $10M | 12.6% of assets |
ATLX quarterly financials and insider trading
Atlas Lithium Corp (ATLX) industry peers
Companies classified under the same SEC industry code as Atlas Lithium Corp (Mining & Quarrying of Nonmetallic Minerals (No Fuels)): 21 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| ATLX Atlas Lithium Corp | $51M | |
| MLM Martin Marietta Materials Inc | $36.85B | |
| VMC Vulcan Materials Co | $36.64B | |
| TECK Teck Resources Ltd | $29.27B | |
| SQM Chemical & Mining Co Of Chile Inc | $16.43B | |
| HL Hecla Mining Co/De/ | $9.90B | |
| USLM United States Lime & Minerals Inc | $3.43B | |
| KNF Knife River Corp | $3.20B | |
| TTAM Titan America Sa | $2.18B | |
| CMP Compass Minerals International Inc | $962M | |
| IPI Intrepid Potash, Inc. | $443M | |
| IONR Ioneer Ltd | $216M | |
| ABAT American Battery Technology Co | $190M | |
| SND Smart Sand, Inc. | $152M | |
| GRO Brazil Potash Corp. | $100M | |
| ACRG American Clean Resources Group, Inc. | $99M | |
| FEAM 5e Advanced Materials, Inc. | $80M | |
| ELBM Electra Battery Materials Corp | $44M | |
| LGO Largo Inc. | $32M | |
| MGNC Mag Magna Corp | $6M | |
| BLTH American Battery Materials, Inc. | $110K |
Where ATLX sits on the market map
Atlas Lithium Corp (ATLX) stock news
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Atlas Lithium Corp (ATLX) stock forecast FAQ
What is the Atlas Lithium Corp (ATLX) stock forecast?
Our AI scores Atlas Lithium Corp every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Atlas Lithium Corp stock predictions?
For ATLX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 20.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 11.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Atlas Lithium Corp forecasts updated?
Atlas Lithium Corp forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Atlas Lithium Corp's industry peers?
21 issuers in our coverage, ATLX included, share the SEC industry code Mining & Quarrying of Nonmetallic Minerals (No Fuels). The largest are: Martin Marietta Materials Inc (MLM), Vulcan Materials Co (VMC), Teck Resources Ltd (TECK), Chemical & Mining Co Of Chile Inc (SQM), Hecla Mining Co/De/ (HL), United States Lime & Minerals Inc (USLM).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.