Critical Contrast: Atlas Lithium (NASDAQ:ATLX) versus American Battery Technology (NASDAQ:ABAT)

Atlas Lithium (NASDAQ:ATLXGet Free Report) and American Battery Technology (NASDAQ:ABATGet Free Report) are both small-cap basic materials companies, but which is the better stock? We will contrast the two companies based on the strength of their earnings, institutional ownership, valuation, risk, dividends, profitability and analyst recommendations.

Institutional & Insider Ownership

18.4% of Atlas Lithium shares are owned by institutional investors. Comparatively, 9.9% of American Battery Technology shares are owned by institutional investors. 37.3% of Atlas Lithium shares are owned by insiders. Comparatively, 4.0% of American Battery Technology shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Atlas Lithium and American Battery Technology, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Atlas Lithium 0 0 3 0 3.00
American Battery Technology 0 0 1 0 3.00

Atlas Lithium currently has a consensus target price of $43.67, indicating a potential upside of 219.90%. American Battery Technology has a consensus target price of $6.00, indicating a potential upside of 337.96%. Given American Battery Technology’s higher probable upside, analysts clearly believe American Battery Technology is more favorable than Atlas Lithium.

Earnings & Valuation

This table compares Atlas Lithium and American Battery Technology’s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Atlas Lithium $10,000.00 17,431.05 -$41.39 million ($4.06) -3.36
American Battery Technology N/A N/A -$9.29 million N/A N/A

American Battery Technology has lower revenue, but higher earnings than Atlas Lithium.

Profitability

This table compares Atlas Lithium and American Battery Technology’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Atlas Lithium N/A -550.97% -146.10%
American Battery Technology N/A -36.74% -29.04%

About Atlas Lithium

(Get Free Report)

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 ParaĆ­ba and Rio Grande do Norte in northeastern Brazil. The company also owns 100% interests in various mining concessions for gold, diamond, and industrial sand; and early-stage projects and properties in other minerals, such as nickel, copper, rare earths, graphite, and titanium; as well as participates in iron and quartzite projects. The company was formerly known as Brazil Minerals, Inc. and changed its name to Atlas Lithium Corporation in October 2022. Atlas Lithium Corporation was founded in 2011 and is based in Belo Horizonte, Brazil.

About American Battery Technology

(Get Free Report)

American Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction of battery metals, as well as commercializes integrated process for the recycling of lithium-ion batteries. The company was formerly known as American Battery Metals Corporation. American Battery Technology Company was incorporated in 2011 and is headquartered in Reno, Nevada.

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