brazil minerals, inc. (otc: bmix) with its subsidiaries has two components to its business model: 1) growing a portfolio of mineral rights in a wide spectrum of strategic and sought-after minerals, from which equity holdings and/or royalty interests will develop; and 2) mining certain specific areas for gold, diamonds, and sand. our progress as an exploration project generator has been steady. in early 2013 we owned mineral rights for gold and diamonds. since then we have grown several-fold our bank of high quality mineral properties (the “bmix mineral bank”) to currently include mineral rights for: - gold - diamonds - cobalt - copper - lithium - manganese - nickel - precious gems (aquamarine, beryl, tourmaline) - sand our first equity holdings from our exploration project generation strategy is jupiter gold corporation corporation (“jupiter gold”). brazil minerals owns approximately 55.4% of jupiter gold’s equity. we have deep knowledge of brazil and a carefully selected
![Atlas Lithium logo](/files/LOGO/1540684-ATLX.png)
Company profile
Ticker
ATLX
Exchange
Website
CEO
Marc Fogassa
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
Brazil Minerals, Inc., Flux Technologies, Corp.
SEC CIK
Corporate docs
Subsidiaries
Atlas Lítio Brasil Ltda. • Apollo Resources Corporation • Jupiter Gold Corporation • Mineração Apollo Ltda. • Mineração Jupiter Ltda. • Mineração Duas Barras Ltda. • RST Recursos Minerais Ltda. ...
ATLX stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
23 Jul 24
8-K
Submission of Matters to a Vote of Security Holders
30 May 24
10-Q
2024 Q1
Quarterly report
15 May 24
8-K
Changes in Registrant's Certifying Accountant
10 May 24
DEFA14A
Additional proxy soliciting materials
7 May 24
8-K
Changes in Registrant's Certifying Accountant
6 May 24
DEFA14A
Additional proxy soliciting materials
16 Apr 24
DEF 14A
Definitive proxy
15 Apr 24
424B5
Prospectus supplement for primary offering
1 Apr 24
8-K
Atlas Lithium Secures Us$ 30,000,000 Strategic Investment and Offtake Agreement from Mitsui
1 Apr 24
Latest ownership filings
4
Tiago Miranda
25 Jul 24
3
Tiago Miranda
25 Jul 24
SC 13G/A
Palikrousis Antonis
12 Jul 24
144
Notice of proposed sale of securities
5 Jun 24
3
Initial statement of insider ownership
11 Apr 24
SC 13D
MITSUI & CO LTD
10 Apr 24
4
Marc Fogassa
27 Mar 24
5
Volodymyr Myadzel
27 Mar 24
5
Stephen R. Petersen
27 Mar 24
5
Paiva Monteiro Joel de
27 Mar 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 17.53 mm | 17.53 mm | 17.53 mm | 17.53 mm | 17.53 mm | 17.53 mm |
Cash burn (monthly) | 4.01 mm | (no burn) | 4.39 mm | 4.30 mm | 2.03 mm | 622.43 k |
Cash used (since last report) | 15.49 mm | n/a | 16.99 mm | 16.62 mm | 7.87 mm | 2.41 mm |
Cash remaining | 2.04 mm | n/a | 539.44 k | 909.35 k | 9.66 mm | 15.12 mm |
Runway (months of cash) | 0.5 | n/a | 0.1 | 0.2 | 4.8 | 24.3 |
Institutional ownership, Q1 2024
13F holders | Current |
---|---|
Total holders | 7 |
Opened positions | 3 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 6.40 bn |
Total shares | 250.40 mm |
Total puts | 2.20 k |
Total calls | 0.00 |
Total put/call ratio | Infinity |
Largest owners | Shares | Value |
---|---|---|
ATLX Atlas Lithium | 250.00 mm | $0.00 |
Cross Staff Investments | 212.46 k | $3.62 bn |
Thomist Capital Management | 160.59 k | $2.73 bn |
Simplex Trading | 19.12 k | $325.00 k |
GROW U.S. Global Investors, Inc. - Ordinary Shares | 3.00 k | $51.06 mm |
Cutler | 2.20 k | $37.00 k |
Lancaster Brazil Fund | 26.00 | $0.00 |
Proequities | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
23 Jul 24 | Tiago Miranda | Common Stock | Grant | Acquire A | No | No | 0 | 40,000 | 0.00 | 40,231 |
12 Mar 24 | Marc Fogassa | Common Stock | Sale back to company | Dispose D | No | Yes | 15.02 | 10 | 150.20 | 4,395,030 |
11 Mar 24 | Marc Fogassa | Common Stock | Sale back to company | Dispose D | No | Yes | 15.05 | 805 | 12.12 k | 4,395,040 |
7 Mar 24 | Marc Fogassa | Common Stock | Sale back to company | Dispose D | No | Yes | 15.19 | 2,380 | 36.15 k | 4,395,845 |
5 Mar 24 | Marc Fogassa | Common Stock | Sale back to company | Dispose D | No | Yes | 15.4 | 2,380 | 36.65 k | 4,398,225 |
4 Mar 24 | Marc Fogassa | Common Stock | Sale back to company | Dispose D | No | Yes | 15.66 | 2,380 | 37.27 k | 4,400,605 |
29 Feb 24 | Marc Fogassa | Common Stock | Sale back to company | Dispose D | No | Yes | 17.42 | 2,380 | 41.46 k | 4,402,985 |
28 Feb 24 | Marc Fogassa | Common Stock | Sale back to company | Dispose D | No | Yes | 16.3 | 2,380 | 38.79 k | 4,405,365 |
27 Feb 24 | Marc Fogassa | Common Stock | Sale back to company | Dispose D | No | Yes | 15.46 | 4,240 | 65.55 k | 4,407,745 |
News
Roth MKM Maintains Buy on Atlas Lithium, Lowers Price Target to $25.5
26 Jul 24
HC Wainwright & Co. Maintains Buy on Atlas Lithium, Raises Price Target to $41
9 Jul 24
Atlas Lithium Provides Exploration Update, Says Doubled The Size Of Its Lithium Exploration Footprint In Brazil
17 Jun 24
Unveiling Brazil's Lithium Potential: Inaugural Summit Spotlights Promising Sector Growth
7 Jun 24
Lithium Market May Have Turned A Corner, But Don't Expect 2022-Style Rally
24 May 24
Press releases
All Eyes On Atlas Lithium As The US Assistant Secretary Of State For Energy Resources Visits The Company's Headquarters In Brazil
26 Jul 24
Atlas Lithium Doubles the Size of Its Lithium Exploration Footprint in Brazil; Provides Exploration Update
17 Jun 24
Atlas Lithium to Co-host the Inaugural Brazil Lithium Summit
3 Jun 24
Atlas Lithium (NASDAQ: ATLX) Positions Itself To Meet Soaring Global Lithium Demand With Strategic Investments From Global Partners
30 May 24
Mining Sector Prepares Ahead of 1,500% Surge in Lithium Demand by 2050
15 May 24