Head-To-Head Survey: Atlas Lithium (NASDAQ:ATLX) and Cleveland-Cliffs (NYSE:CLF)

Atlas Lithium (NASDAQ:ATLX) and Cleveland-Cliffs (NYSE:CLF) are both materials companies, but which is the better business? We will compare the two companies based on the strength of their profitability, institutional ownership, valuation, risk, analyst recommendations, earnings and dividends.

Analyst Recommendations

This is a breakdown of recent recommendations for Atlas Lithium and Cleveland-Cliffs, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Atlas Lithium	1	1	1	0	2.00
Cleveland-Cliffs	2	7	3	0	2.08

Atlas Lithium presently has a consensus target price of $11.50, suggesting a potential upside of 601.22%. Cleveland-Cliffs has a consensus target price of $14.18, suggesting a potential upside of 23.55%. Given Atlas Lithium’s higher possible upside, equities research analysts plainly believe Atlas Lithium is more favorable than Cleveland-Cliffs.

Insider & Institutional Ownership

18.4% of Atlas Lithium shares are held by institutional investors. Comparatively, 67.7% of Cleveland-Cliffs shares are held by institutional investors. 22.8% of Atlas Lithium shares are held by company insiders. Comparatively, 0.9% of Cleveland-Cliffs shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Valuation & Earnings

This table compares Atlas Lithium and Cleveland-Cliffs”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Atlas Lithium	$90,000.00	537.37	-$28.11 million	($1.56)	-1.05
Cleveland-Cliffs	$18.61 billion	0.35	-$1.48 billion	($0.85)	-13.50

Atlas Lithium has higher earnings, but lower revenue than Cleveland-Cliffs. Cleveland-Cliffs is trading at a lower price-to-earnings ratio than Atlas Lithium, indicating that it is currently the more affordable of the two stocks.

Risk & Volatility

Atlas Lithium has a beta of 0.27, meaning that its share price is 73% less volatile than the S&P 500. Comparatively, Cleveland-Cliffs has a beta of 1.99, meaning that its share price is 99% more volatile than the S&P 500.

Profitability

This table compares Atlas Lithium and Cleveland-Cliffs’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Atlas Lithium	N/A	-76.72%	-44.33%
Cleveland-Cliffs	-2.36%	-6.83%	-2.05%

Summary

Cleveland-Cliffs beats Atlas Lithium on 8 of the 14 factors compared between the two stocks.

About Atlas Lithium

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 Paraíba 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 Cleveland-Cliffs

Cleveland-Cliffs is the largest flat-rolled steel company and the largest iron ore pellet producer in North America. The company is vertically integrated from mining through iron making, steelmaking, rolling, finishing and downstream with hot and cold stamping of steel parts and components. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.