Atlas Lithium Corporation operates as a mineral exploration and mining company in Brazil. It focuses on advancing and developing its 100%-owned hard-rock lithium project, which consists of 52 mineral rights covering an area of 56,078 acres that is located primarily in the municipality of Araçuaí in the Vale do Jequitinhonha region of the state of Minas Gerais in Brazil. It also owns 100% interests in various mining concessions for gold, diamond, and industrial sand; and 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 is based in Beverly Hills, California.
P/B ratio for Atlas Lithium Corporation (ATLX)
P/B ratio as of 2023: 35.41
According to Atlas Lithium Corporation's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 35.41. At the end of 2022 the company had a P/B ratio of 19.02.
P/B ratio history for Atlas Lithium Corporation from 2011 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 35.41 |
| 2022 | 19.02 |
| 2021 | -29.50 |
| 2020 | -4.27 |
| 2019 | -3.38 |
| 2018 | -0.97 |
| 2017 | -0.47 |
| 2016 | -0.17 |
| 2015 | -0.05 |
| 2014 | 0.00 |
| 2013 | 0.01 |
| 2012 | 0.00 |
| 2011 | 0.00 |