How to Buy Atlas Lithium Stock
Atlas Lithium Corp
Atlas Lithium Corporation operates as a mineral exploration and mining company in Brazil.
Atlas Lithium stock last closed at $14.43, down 1.84% from the previous day, and has decreased 51.71% in one year. It has underperformed other stocks in the Other Precious Metals & Mining industry by 0.42 percentage points. Atlas Lithium stock is currently +22.29% from its 52-week low of $11.80, and -57.56% from its 52-week high of $34.00.
At the moment, there are 12.77M ATLX shares outstanding. The market capitalization of ATLX is $184.27M. In the past 24 hours, 57,490 ATLX shares were traded.
How to Buy Atlas Lithium Stock
Not sure how to invest in Atlas Lithium stock? Here's how.
- Choose where to buy Atlas Lithium stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Atlas Lithium stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Select your payment method and add your information.
- Research Atlas Lithium stock: The Atlas Lithium ticker symbol is ATLX. Is Atlas Lithium stock a good investment? Should you buy shares of ATLX? How do ATLX's underlying business fundamentals look? Do top analysts think Atlas Lithium is a good buy? Why has ATLX's stock price moved recently? (Hint: Our stock market research website can help you decide if ATLX is a good stock to buy).
- Make your ATLX purchase: Decide if you will purchase ATLX shares at the current market price or use a limit order to purchase ATLX shares at a given price.
- Get updates on your ATLX investment: Create a watchlist to important notifications about your new investment in Atlas Lithium shares.
Step 1: Choose where to buy Atlas Lithium stock
You need an online brokerage account to access the NASDAQ market and buy ATLX stock.
Our preferred brokerage: eToro
In our opinion, eToro is the best stock brokerage. eToro gives you:
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by signing up for an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal info so you are able to buy ATLX stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open your new brokerage account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on the best app for stock investing, your next step is to transfer the money for your investment:
Watch this video walkthrough to see the process of depositing funds into your investment account.
Step 4: Research Atlas Lithium stock
After you have identified the best place to buy Atlas Lithium stock, it's critical to evaluate their stock before you buy, so you can wrap your head around the risk as well as the upside.
Atlas Lithium shares data
ATLX Due Diligence Checks
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on ATLX's stock page.
Is ATLX stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge ATLX's true value.
Using relative valuations metrics:
- ATLX may be overvalued based on its P/B ratio of 20.72x, relative to Other Precious Metals & Mining industry P/B ratio of 1.61x
You can access additional valuation analysis on ATLX's stock here.
How do ATLX Financials look?
Passed Health Checks:
- ATLX has cash burn of 11048191. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the ATLX balance sheet.
- There are more short-term assets than long-term liabilities on the ATLX balance sheet.
- Total ATLX debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- ATLX has $29.55M in cash and short term investments. This is not enough to cover its annual cash burn of $11.05M.
- ATLX has a relatively high debt to equity ratio of 3.87.
Is ATLX stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Wall Street analysts who track ATLX, the consensus analyst rating on ATLX is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Atlas Lithium stock forecast page.
ATLX Technicals
How are ATLX Revenues/Earnings doing?
Last year, ATLX revenue was $0.00. Over the last five year, ATLX's revenue has increased by -100% per year. This was slower than the Other Precious Metals & Mining industry average of 63.56%.
You can analyze ATLX's earnings and revenue performance here.
Latest Insiders Trades at ATLX
Over the past year, insiders at ATLX have bought more shares than they have sold.
Marc Fogassa, Chief Executive Officer of ATLX, was the latest ATLX insider to sell. They sold $150.20 worth of ATLX stock on Mar 12, 2024.
Research more about who owns ATLX shares here.
Can I get consistent income from ATLX stock?
No, Atlas Lithium doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your ATLX purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open Trade button and eToro will execute your order.
If you need more help buying stocks on eToro, click the helpful video below:
Step 6: Get updates on your ATLX investment
Now that you own some shares in ATLX, you'll want to stay up-to-date on your new investment.
Add ATLX to a watchlist to track the latest developments regarding your ATLX stock.
ATLX Feed
How to Buy Stock in Atlas Lithium
To summarize, here are the 6 steps you need to take to buy Atlas Lithium stock right now:
- Choose where to buy Atlas Lithium stock
- Create your brokerage account
- Deposit money your investment account
- Research Atlas Lithium stock
- Make your ATLX purchase
- Get updates on your ATLX investment
If you are looking for a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep track of your new investment in Atlas Lithium, click the button below.
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