With approximately 539 square kilometers of lithium mineral rights in total, Atlas Lithium (NASDAQ: ATLX) owns the largest lithium exploration footprint in Brazil of any publicly listed company!
Atlas Lithium Corporation (NASDAQ: ATLX), a leading lithium development company, announced a very big piece of news in March. The company has seen the successful arrival of its modular Dense Media Separation (DMS) lithium processing plant at the Port of Santos, Brazil. This pivotal achievement underscores ATLX's progress toward becoming a key lithium producer in Brazil's emerging Lithium Valley. The company has the largest exploration portfolio for lithium and other battery minerals in the country!
It may be easy to see why many analysts are BULLISH, and multibillion dollar industrial conglomerates have invested $30 million in ATLX.
With only around $100M market cap, ATLX has massive growth potential as the company zeros in on Brazil's prolific Lithium Valley (LV), a region in Minas Gerais that is known for its lithium deposits. Some of the company's high-potential mineral rights are adjacent to or near large lithium deposits that belong to a large, publicly traded comparable that boasts a $1.2 Billion market cap!
Esteemed analysts cover ATLX, including ROTH MKM, who has a $19 price target and Alliance Global Partners who has a $30 price target. Institutional shareholders include BlackRock, Jefferies, Invesco, and Polar! Other reasons to have the company on your radar include strong metallurgical results – proven potential for high quality lithium concentrate. The company's own management team also owns 32% of the company and is fully aligned for success. Management has a background from Deloitte, Equinox Gold, ANM, and Comstock Resources!
With big price targets from notable analysts and a who's who list of names in management, see why ATLX may be one of the biggest victors in the lithium space.
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