Atlas Lithium (ATLX), a Brazilian lithium explorer, trades at a lower P/E with higher upside.

Atlas Lithium (ATLX), a Brazilian lithium exploration company, trades at a lower P/E ratio than industry peers despite lower revenue and earnings. It has a higher potential 214.60% upside according to analysts, who believe it is more favorable. With a beta of -1.14, its stock price is 214% less volatile than the S&P 500. However, peers have stronger financial performance metrics and higher institutional ownership.

April 22, 2024
3 Articles