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A11 (Atlantic Lithium Ltd) Stock Analysis
Buy, Hold or Sell?

Let's analyze Atlantic Lithium Ltd together

I guess you are interested in Atlantic Lithium Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📊 Fundamental Analysis (FA) – Atlantic Lithium Ltd’s Financial Insights
  • 📈 Technical Analysis (TA) – Atlantic Lithium Ltd’s Price Targets

I'm going to help you getting a better view of Atlantic Lithium Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Atlantic Lithium Ltd (30 sec.)










1.2. What can you expect buying and holding a share of Atlantic Lithium Ltd? (30 sec.)

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
A$0.05
Expected worth in 1 year
A$0.08
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
A$0.03
Return On Investment
16.5%

For what price can you sell your share?

Current Price per Share
A$0.19
Expected price per share
A$0.145 - A$0.2
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Atlantic Lithium Ltd (5 min.)




Live pricePrice per Share (EOD)
A$0.19
Intrinsic Value Per Share
A$-0.56 - A$-0.38
Total Value Per Share
A$-0.51 - A$-0.33

2.2. Growth of Atlantic Lithium Ltd (5 min.)




Is Atlantic Lithium Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$23m$19.6m$3.4m14.9%

How much money is Atlantic Lithium Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$8.1m-$8.4m$328.8k4.0%
Net Profit Margin-1,603.5%0.0%--

How much money comes from the company's main activities?

2.3. Financial Health of Atlantic Lithium Ltd (5 min.)




2.4. Comparing to competitors in the Other Industrial Metals & Mining industry (5 min.)




  Industry Rankings (Other Industrial Metals & Mining)  

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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Atlantic Lithium Ltd?

Welcome investor! Atlantic Lithium Ltd's management wants to use your money to grow the business. In return you get a share of Atlantic Lithium Ltd.

First you should know what it really means to hold a share of Atlantic Lithium Ltd. And how you can make/lose money.

Speculation

The Price per Share of Atlantic Lithium Ltd is A$0.185. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Atlantic Lithium Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Atlantic Lithium Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.05. Based on the TTM, the Book Value Change Per Share is A$0.01 per quarter. Based on the YOY, the Book Value Change Per Share is A$-0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Atlantic Lithium Ltd.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.01-6.3%-0.01-6.3%-0.01-6.6%-0.02-10.2%-0.01-7.3%-0.01-5.1%
Usd Book Value Change Per Share0.002.7%0.002.7%0.00-2.3%-0.01-5.5%0.000.4%0.001.8%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.002.7%0.002.7%0.00-2.3%-0.01-5.5%0.000.4%0.001.8%
Usd Price Per Share0.24-0.24-0.35-0.20-0.12-0.06-
Price to Earnings Ratio-20.54--20.54--29.08--16.54--9.92--4.96-
Price-to-Total Gains Ratio48.40-48.40--81.67--16.63--16.63--16.63-
Price to Book Ratio7.23-7.23-12.53-6.59-3.95-1.98-
Price-to-Total Gains Ratio48.40-48.40--81.67--16.63--16.63--16.63-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.120324
Number of shares8310
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (8310 shares)41.316.83
Gains per Year (8310 shares)165.2627.30
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1016515502717
2033132005544
3049648508271
40661650010998
508268150137125
609929800164152
70115711450191179
80132213100218206
90148714750246233
100165316400273260

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.010.00.00.0%0.014.00.00.0%
Book Value Change Per Share1.00.00.0100.0%1.02.00.033.3%3.02.00.060.0%6.04.00.060.0%10.04.00.071.4%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.014.00.0%
Total Gains per Share1.00.00.0100.0%1.02.00.033.3%3.02.00.060.0%6.04.00.060.0%10.04.00.071.4%
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3.2. Key Performance Indicators

The key performance indicators of Atlantic Lithium Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0080.0080%-0.007+187%-0.016+306%0.001+505%0.005+53%
Book Value Per Share--0.0510.0510%0.044+18%0.048+6%0.060-15%0.045+14%
Current Ratio--3.5753.5750%2.686+33%4.147-14%4.212-15%11.431-69%
Debt To Asset Ratio--0.1390.1390%0.178-22%0.143-3%0.107+30%0.075+87%
Debt To Equity Ratio--0.1620.1620%0.217-25%0.168-4%0.123+31%0.084+93%
Dividend Per Share----0%-0%-0%-0%-0%
Enterprise Value--263408235.960263408235.9600%386538455.360-32%324973345.660-19%324973345.660-19%324973345.660-19%
Eps---0.018-0.0180%-0.019+4%-0.029+61%-0.021+15%-0.015-19%
Ev To Ebitda Ratio---21.636-21.6360%-31.541+46%-26.589+23%-26.589+23%-26.589+23%
Ev To Sales Ratio--338.324338.3240%--338.3240%338.3240%338.3240%
Free Cash Flow Per Share---0.049-0.0490%-0.042-16%-0.035-28%-0.029-41%-0.019-61%
Free Cash Flow To Equity Per Share---0.028-0.0280%-0.037+34%-0.015-44%-0.006-79%-0.002-94%
Gross Profit Margin--1.0651.0650%1.064+0%1.048+2%1.029+4%1.015+5%
Intrinsic Value_10Y_max---0.379----------
Intrinsic Value_10Y_min---0.558----------
Intrinsic Value_1Y_max---0.023----------
Intrinsic Value_1Y_min---0.041----------
Intrinsic Value_3Y_max---0.082----------
Intrinsic Value_3Y_min---0.137----------
Intrinsic Value_5Y_max---0.153----------
Intrinsic Value_5Y_min---0.247----------
Market Cap128232196.480-100%256464392.960256464392.9600%377765119.360-32%211409837.440+21%126845902.464+102%63422951.232+304%
Net Profit Margin---16.035-16.0350%--100%-5.345-67%-29377.118+183106%-15122.028+94206%
Operating Margin---15.715-15.7150%--100%-5.238-67%-27891.927+177384%-14398.949+91525%
Operating Ratio--15.62415.6240%-+100%5.208+200%27688.809-100%14150.933-100%
Pb Ratio3.617-100%7.2347.2340%12.528-42%6.588+10%3.953+83%1.976+266%
Pe Ratio-10.271+50%-20.543-20.5430%-29.081+42%-16.541-19%-9.925-52%-4.962-76%
Price Per Share0.185-100%0.3700.3700%0.545-32%0.305+21%0.183+102%0.092+304%
Price To Free Cash Flow Ratio-3.754+50%-7.507-7.5070%-13.095+74%-6.868-9%-4.121-45%-2.060-73%
Price To Total Gains Ratio24.202-100%48.40548.4050%-81.669+269%-16.632+134%-16.632+134%-16.632+134%
Quick Ratio--3.4423.4420%2.610+32%4.042-15%4.115-16%11.045-69%
Return On Assets---0.303-0.3030%-0.354+17%-0.514+70%-0.353+17%-0.317+5%
Return On Equity---0.352-0.3520%-0.431+22%-0.593+68%-0.403+14%-0.350-1%
Total Gains Per Share--0.0080.0080%-0.007+187%-0.016+306%0.001+505%0.005+53%
Usd Book Value--23057414.30223057414.3020%19611373.966+18%21762871.800+6%27182204.533-15%20138706.578+14%
Usd Book Value Change Per Share--0.0050.0050%-0.004+187%-0.010+306%0.001+505%0.003+53%
Usd Book Value Per Share--0.0330.0330%0.028+18%0.031+6%0.039-15%0.029+14%
Usd Dividend Per Share----0%-0%-0%-0%-0%
Usd Enterprise Value--171320716.668171320716.6680%251404611.366-32%211362664.017-19%211362664.017-19%211362664.017-19%
Usd Eps---0.012-0.0120%-0.012+4%-0.019+61%-0.013+15%-0.010-19%
Usd Free Cash Flow---22219252.927-22219252.9270%-18762190.913-16%-15958415.157-28%-13206975.051-41%-8762218.133-61%
Usd Free Cash Flow Per Share---0.032-0.0320%-0.027-16%-0.023-28%-0.019-41%-0.013-61%
Usd Free Cash Flow To Equity Per Share---0.018-0.0180%-0.024+34%-0.010-44%-0.004-79%-0.001-94%
Usd Market Cap83402220.591-100%166804441.181166804441.1810%245698433.632-32%137500958.271+21%82500574.963+102%41250287.481+304%
Usd Price Per Share0.120-100%0.2410.2410%0.354-32%0.198+21%0.119+102%0.060+304%
Usd Profit---8119839.451-8119839.4510%-8448681.041+4%-13034428.137+61%-9317444.646+15%-6603445.119-19%
Usd Revenue--506380.627506380.6270%-+100%168793.542+200%101281.979+400%56859.659+791%
Usd Total Gains Per Share--0.0050.0050%-0.004+187%-0.010+306%0.001+505%0.003+53%
 EOD+2 -6MRQTTM+0 -0YOY+24 -133Y+23 -145Y+21 -1610Y+20 -17

3.3 Fundamental Score

Let's check the fundamental score of Atlantic Lithium Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-10.271
Price to Book Ratio (EOD)Between0-13.617
Net Profit Margin (MRQ)Greater than0-16.035
Operating Margin (MRQ)Greater than0-15.715
Quick Ratio (MRQ)Greater than13.442
Current Ratio (MRQ)Greater than13.575
Debt to Asset Ratio (MRQ)Less than10.139
Debt to Equity Ratio (MRQ)Less than10.162
Return on Equity (MRQ)Greater than0.15-0.352
Return on Assets (MRQ)Greater than0.05-0.303
Total4/10 (40.0%)

3.4 Technical Score

Let's check the technical score of Atlantic Lithium Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5072.781
Ma 20Greater thanMa 500.132
Ma 50Greater thanMa 1000.141
Ma 100Greater thanMa 2000.167
OpenGreater thanClose0.165
Total1/5 (20.0%)

4. In-depth Analysis

4.1 About Atlantic Lithium Ltd

Atlantic Lithium Limited engages in the exploration and development of mineral properties in Australia, Ivory Coast, and Ghana. It primarily explores for lithium deposits. The company's flagship project is the Ewoyaa lithium project located in Ghana. It holds interest in a lithium property covering an area of 771 square kilometers in Côte d'Ivoire. The company was formerly known as IronRidge Resources Limited and changed its name to Atlantic Lithium Limited in November 2021. Atlantic Lithium Limited was incorporated in 2007 and is based in Sydney, Australia.

Fundamental data was last updated by Penke on 2025-06-03 23:08:06.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Atlantic Lithium Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Atlantic Lithium Ltd to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of -1,603.5% means that $-16.04 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Atlantic Lithium Ltd:

  • The MRQ is -1,603.5%. The company is making a huge loss. -2
  • The TTM is -1,603.5%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-1,603.5%TTM-1,603.5%0.0%
TTM-1,603.5%YOY--1,603.5%
TTM-1,603.5%5Y-2,937,711.8%+2,936,108.3%
5Y-2,937,711.8%10Y-1,512,202.8%-1,425,509.1%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-1,603.5%-4.5%-1,599.0%
TTM-1,603.5%-8.3%-1,595.2%
YOY--78.9%+78.9%
3Y-534.5%-86.7%-447.8%
5Y-2,937,711.8%-123.3%-2,937,588.5%
10Y-1,512,202.8%-560.7%-1,511,642.1%
4.3.1.2. Return on Assets

Shows how efficient Atlantic Lithium Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Atlantic Lithium Ltd to the Other Industrial Metals & Mining industry mean.
  • -30.3% Return on Assets means that Atlantic Lithium Ltd generated $-0.30 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Atlantic Lithium Ltd:

  • The MRQ is -30.3%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -30.3%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-30.3%TTM-30.3%0.0%
TTM-30.3%YOY-35.4%+5.1%
TTM-30.3%5Y-35.3%+5.0%
5Y-35.3%10Y-31.7%-3.6%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-30.3%-6.1%-24.2%
TTM-30.3%-6.3%-24.0%
YOY-35.4%-6.5%-28.9%
3Y-51.4%-7.6%-43.8%
5Y-35.3%-8.0%-27.3%
10Y-31.7%-13.0%-18.7%
4.3.1.3. Return on Equity

Shows how efficient Atlantic Lithium Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Atlantic Lithium Ltd to the Other Industrial Metals & Mining industry mean.
  • -35.2% Return on Equity means Atlantic Lithium Ltd generated $-0.35 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Atlantic Lithium Ltd:

  • The MRQ is -35.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -35.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-35.2%TTM-35.2%0.0%
TTM-35.2%YOY-43.1%+7.9%
TTM-35.2%5Y-40.3%+5.1%
5Y-40.3%10Y-35.0%-5.3%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-35.2%-6.6%-28.6%
TTM-35.2%-7.4%-27.8%
YOY-43.1%-6.4%-36.7%
3Y-59.3%-9.2%-50.1%
5Y-40.3%-9.0%-31.3%
10Y-35.0%-13.0%-22.0%
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4.3.2. Operating Efficiency of Atlantic Lithium Ltd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Atlantic Lithium Ltd is operating .

  • Measures how much profit Atlantic Lithium Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Atlantic Lithium Ltd to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of -1,571.5% means the company generated $-15.72  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Atlantic Lithium Ltd:

  • The MRQ is -1,571.5%. The company is operating very inefficient. -2
  • The TTM is -1,571.5%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-1,571.5%TTM-1,571.5%0.0%
TTM-1,571.5%YOY--1,571.5%
TTM-1,571.5%5Y-2,789,192.7%+2,787,621.2%
5Y-2,789,192.7%10Y-1,439,894.9%-1,349,297.8%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-1,571.5%-209.2%-1,362.3%
TTM-1,571.5%-121.0%-1,450.5%
YOY--74.1%+74.1%
3Y-523.8%-130.8%-393.0%
5Y-2,789,192.7%-196.4%-2,788,996.3%
10Y-1,439,894.9%-576.4%-1,439,318.5%
4.3.2.2. Operating Ratio

Measures how efficient Atlantic Lithium Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 15.62 means that the operating costs are $15.62 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Atlantic Lithium Ltd:

  • The MRQ is 15.624. The company is inefficient in keeping operating costs low. -1
  • The TTM is 15.624. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ15.624TTM15.6240.000
TTM15.624YOY-+15.624
TTM15.6245Y27,688.809-27,673.186
5Y27,688.80910Y14,150.933+13,537.876
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ15.6241.863+13.761
TTM15.6241.814+13.810
YOY-1.979-1.979
3Y5.2081.981+3.227
5Y27,688.8093.014+27,685.795
10Y14,150.9336.712+14,144.221
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4.4.3. Liquidity of Atlantic Lithium Ltd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Atlantic Lithium Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 3.58 means the company has $3.58 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Atlantic Lithium Ltd:

  • The MRQ is 3.575. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.575. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.575TTM3.5750.000
TTM3.575YOY2.686+0.889
TTM3.5755Y4.212-0.636
5Y4.21210Y11.431-7.220
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5751.747+1.828
TTM3.5751.911+1.664
YOY2.6862.557+0.129
3Y4.1473.159+0.988
5Y4.2123.966+0.246
10Y11.4314.516+6.915
4.4.3.2. Quick Ratio

Measures if Atlantic Lithium Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Atlantic Lithium Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 3.44 means the company can pay off $3.44 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Atlantic Lithium Ltd:

  • The MRQ is 3.442. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 3.442. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ3.442TTM3.4420.000
TTM3.442YOY2.610+0.831
TTM3.4425Y4.115-0.673
5Y4.11510Y11.045-6.930
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ3.4420.664+2.778
TTM3.4420.751+2.691
YOY2.6101.619+0.991
3Y4.0421.925+2.117
5Y4.1152.400+1.715
10Y11.0453.215+7.830
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4.5.4. Solvency of Atlantic Lithium Ltd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Atlantic Lithium Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Atlantic Lithium Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.14 means that Atlantic Lithium Ltd assets are financed with 13.9% credit (debt) and the remaining percentage (100% - 13.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Atlantic Lithium Ltd:

  • The MRQ is 0.139. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.139. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.139TTM0.1390.000
TTM0.139YOY0.178-0.039
TTM0.1395Y0.107+0.032
5Y0.10710Y0.075+0.032
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1390.207-0.068
TTM0.1390.210-0.071
YOY0.1780.185-0.007
3Y0.1430.201-0.058
5Y0.1070.232-0.125
10Y0.0750.257-0.182
4.5.4.2. Debt to Equity Ratio

Measures if Atlantic Lithium Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Atlantic Lithium Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 16.2% means that company has $0.16 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Atlantic Lithium Ltd:

  • The MRQ is 0.162. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.162. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.162TTM0.1620.000
TTM0.162YOY0.217-0.055
TTM0.1625Y0.123+0.039
5Y0.12310Y0.084+0.039
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1620.207-0.045
TTM0.1620.213-0.051
YOY0.2170.194+0.023
3Y0.1680.219-0.051
5Y0.1230.237-0.114
10Y0.0840.302-0.218
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Atlantic Lithium Ltd generates.

  • Above 15 is considered overpriced but always compare Atlantic Lithium Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -20.54 means the investor is paying $-20.54 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Atlantic Lithium Ltd:

  • The EOD is -10.271. Based on the earnings, the company is expensive. -2
  • The MRQ is -20.543. Based on the earnings, the company is expensive. -2
  • The TTM is -20.543. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-10.271MRQ-20.543+10.271
MRQ-20.543TTM-20.5430.000
TTM-20.543YOY-29.081+8.538
TTM-20.5435Y-9.925-10.618
5Y-9.92510Y-4.962-4.962
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-10.271-3.886-6.385
MRQ-20.543-4.385-16.158
TTM-20.543-4.781-15.762
YOY-29.081-7.325-21.756
3Y-16.541-7.699-8.842
5Y-9.925-10.105+0.180
10Y-4.962-11.641+6.679
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Atlantic Lithium Ltd:

  • The EOD is -3.754. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -7.507. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -7.507. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.754MRQ-7.507+3.754
MRQ-7.507TTM-7.5070.000
TTM-7.507YOY-13.095+5.588
TTM-7.5075Y-4.121-3.387
5Y-4.12110Y-2.060-2.060
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-3.754-5.220+1.466
MRQ-7.507-5.396-2.111
TTM-7.507-5.731-1.776
YOY-13.095-7.125-5.970
3Y-6.868-8.784+1.916
5Y-4.121-11.374+7.253
10Y-2.060-14.579+12.519
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Atlantic Lithium Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 7.23 means the investor is paying $7.23 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Atlantic Lithium Ltd:

  • The EOD is 3.617. Based on the equity, the company is fair priced.
  • The MRQ is 7.234. Based on the equity, the company is overpriced. -1
  • The TTM is 7.234. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD3.617MRQ7.234-3.617
MRQ7.234TTM7.2340.000
TTM7.234YOY12.528-5.294
TTM7.2345Y3.953+3.282
5Y3.95310Y1.976+1.976
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD3.6171.260+2.357
MRQ7.2341.267+5.967
TTM7.2341.331+5.903
YOY12.5281.831+10.697
3Y6.5882.031+4.557
5Y3.9532.610+1.343
10Y1.9762.908-0.932
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2020-06-302021-06-302022-06-302023-06-302024-06-30
Inventory  0001010-100-5-5
Accumulated Other Comprehensive Income  12,6943912,7336,42919,1624,32323,486-25,115-1,629
Gross Profit  -7-5-12-5-17-11-28746718
Total Other Income Expense Net -128-840-968-15,287-16,25616,181-74511437



6.2. Latest Balance Sheet

Balance Sheet of 2024-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets41,186
Total Liabilities5,735
Total Stockholder Equity35,451
 As reported
Total Liabilities 5,735
Total Stockholder Equity+ 35,451
Total Assets = 41,186

Assets

Total Assets41,186
Total Current Assets15,788
Long-term Assets25,399
Total Current Assets
Cash And Cash Equivalents 12,679
Short-term Investments -1
Net Receivables 2,519
Inventory -5
Other Current Assets 594
Total Current Assets  (as reported)15,788
Total Current Assets  (calculated)15,787
+/- 1
Long-term Assets
Property Plant Equipment 25,022
Intangible Assets 24
Long-term Assets Other 0
Long-term Assets  (as reported)25,399
Long-term Assets  (calculated)25,046
+/- 353

Liabilities & Shareholders' Equity

Total Current Liabilities4,416
Long-term Liabilities1,319
Total Stockholder Equity35,451
Total Current Liabilities
Accounts payable 1,300
Other Current Liabilities 3,116
Total Current Liabilities  (as reported)4,416
Total Current Liabilities  (calculated)4,416
+/-0
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt611
Long-term Liabilities  (as reported)1,319
Long-term Liabilities  (calculated)611
+/- 708
Total Stockholder Equity
Common Stock143,995
Retained Earnings -106,915
Accumulated Other Comprehensive Income -1,629
Other Stockholders Equity 0
Total Stockholder Equity (as reported)35,451
Total Stockholder Equity (calculated)35,451
+/-0
Other
Capital Stock143,995
Cash and Short Term Investments 12,679
Common Stock Shares Outstanding 623,587
Liabilities and Stockholders Equity 41,186
Net Debt -12,068
Net Invested Capital 35,451
Net Working Capital 11,372
Property Plant and Equipment Gross 2,141
Short Long Term Debt Total 611



6.3. Balance Sheets Structured

Currency in AUD. All numbers in thousands.

 Trend2024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-30
> Total Assets 
610
1,206
1,159
2,108
18,163
16,007
12,298
26,154
32,470
42,498
72,192
39,132
36,693
41,186
41,18636,69339,13272,19242,49832,47026,15412,29816,00718,1632,1081,1591,206610
   > Total Current Assets 
7
235
54
444
14,983
10,777
2,511
9,208
6,924
7,945
19,471
26,640
17,402
15,788
15,78817,40226,64019,4717,9456,9249,2082,51110,77714,983444542357
       Cash And Cash Equivalents 
1
214
30
28
14,947
10,720
2,389
8,947
6,714
7,332
19,135
23,882
15,313
12,679
12,67915,31323,88219,1357,3326,7148,9472,38910,72014,94728302141
       Short-term Investments 
0
0
0
0
0
0
-2,693
0
0
0
0
2
0
-1
-1020000-2,693000000
       Net Receivables 
0
0
0
0
0
49
109
129
178
399
70
2,295
1,598
2,519
2,5191,5982,295703991781291094900000
       Other Current Assets 
6
21
25
416
36
58
13
262
209
613
335
453
491
594
59449145333561320926213583641625216
   > Long-term Assets 
603
971
1,105
1,665
3,179
5,229
9,786
16,945
25,546
34,553
52,721
12,492
19,291
25,399
25,39919,29112,49252,72134,55325,54616,9459,7865,2293,1791,6651,105971603
       Property Plant Equipment 
557
930
1,037
1,602
3,126
5,175
6,837
16,884
25,357
34,366
51,785
11,259
533
25,022
25,02253311,25951,78534,36625,35716,8846,8375,1753,1261,6021,037930557
       Intangible Assets 
536
910
1,021
1,591
3,117
5,140
0
0
0
0
0
0
0
24
2400000005,1403,1171,5911,021910536
       Long-term Assets Other 
-489
-870
-953
-1,528
-3,063
-5,086
55
57
60
58
10
9
18,002
0
018,00291058605755-5,086-3,063-1,528-953-870-489
> Total Liabilities 
472
541
370
1,303
279
425
868
1,453
1,395
2,153
3,954
4,353
6,540
5,735
5,7356,5404,3533,9542,1531,3951,4538684252791,303370541472
   > Total Current Liabilities 
81
541
370
1,303
279
425
868
1,453
1,395
2,153
3,954
4,310
6,478
4,416
4,4166,4784,3103,9542,1531,3951,4538684252791,30337054181
       Short-term Debt 
0
338
20
9
0
0
0
0
0
0
0
0
0
0
00000000009203380
       Accounts payable 
81
174
172
1,262
157
160
352
600
296
667
2,257
2,369
2,127
1,300
1,3002,1272,3692,2576672966003521601571,26217217481
       Other Current Liabilities 
0
29
178
32
122
265
517
853
1,099
1,486
1,697
1,934
4,351
3,116
3,1164,3511,9341,6971,4861,09985351726512232178290
   > Long-term Liabilities 
391
0
0
0
0
0
2,693
0
0
0
0
43
62
1,319
1,319624300002,69300000391
> Total Stockholder Equity
138
665
789
805
17,884
15,582
11,429
24,701
31,075
40,345
68,238
34,778
30,153
35,451
35,45130,15334,77868,23840,34531,07524,70111,42915,58217,884805789665138
   Common Stock
1,600
3,131
4,392
6,661
25,778
25,778
26,190
46,793
57,053
70,188
102,939
126,468
129,595
143,995
143,995129,595126,468102,93970,18857,05346,79326,19025,77825,7786,6614,3923,1311,600
   Retained Earnings -106,915-122,928-82,082-47,435-42,537-35,928-28,790-15,599-10,371-8,066-6,028-3,602-2,466-1,462
   Capital Surplus 00000000000000
   Treasury Stock00000000000000
   Other Stockholders Equity 
0
0
30
172
-365
175
838
6,698
9,950
0
0
-9,608
-28,659
0
0-28,659-9,608009,9506,698838175-3651723000



6.4. Balance Sheets

Currency in AUD. All numbers in thousands.




6.5. Cash Flows

Currency in AUD. All numbers in thousands.




6.6. Income Statements

Currency in AUD. All numbers in thousands.


6.7. Latest Income Statement

Income Statement (annual), 2024-06-30. Currency in AUD. All numbers in thousands.

Gross Profit (+$)
totalRevenue779
Cost of Revenue-61
Gross Profit718718
 
Operating Income (+$)
Gross Profit718
Operating Expense-12,103
Operating Income-12,675-11,386
 
Operating Expense (+$)
Research Development0
Selling General Administrative3,999
Selling And Marketing Expenses816
Operating Expense12,1034,815
 
Net Interest Income (+$)
Interest Income0
Interest Expense-3
Other Finance Cost-0
Net Interest Income-3
 
Pretax Income (+$)
Operating Income-12,675
Net Interest Income-3
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-12,239-13,112
EBIT - interestExpense = -12,239
-12,239
-12,481
Interest Expense3
Earnings Before Interest and Taxes (EBIT)-12,235-12,235
Earnings Before Interest and Taxes (EBITDA)-12,175
 
After tax Income (+$)
Income Before Tax-12,239
Tax Provision-249
Net Income From Continuing Ops-12,645-12,488
Net Income-12,484
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses12,103
Total Other Income/Expenses Net4373
 

Technical Analysis of Atlantic Lithium Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Atlantic Lithium Ltd. The general trend of Atlantic Lithium Ltd is BEARISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Atlantic Lithium Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-28.6%) Bearish trend (28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Atlantic Lithium Ltd Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Atlantic Lithium Ltd.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 0.19 < 0.19 < 0.2.

The bearish price targets are: 0.18 > 0.145 > 0.145.

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Atlantic Lithium Ltd Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Atlantic Lithium Ltd. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Atlantic Lithium Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Atlantic Lithium Ltd. The current macd is -0.00050078.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Atlantic Lithium Ltd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Atlantic Lithium Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Atlantic Lithium Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Atlantic Lithium Ltd Daily Moving Average Convergence/Divergence (MACD) ChartAtlantic Lithium Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Atlantic Lithium Ltd. The current adx is 31.56.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Atlantic Lithium Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Atlantic Lithium Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Atlantic Lithium Ltd. The current sar is 0.1057.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Atlantic Lithium Ltd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Atlantic Lithium Ltd. The current rsi is 72.78. The current phase is Overbought in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Overbought in bear market: Short-term excessive buying, potential for relief decline. Consider shorting, be cautious of potential pullback. -1
  • Trending up: The RSI is trending up. +1
Atlantic Lithium Ltd Daily Relative Strength Index (RSI) ChartAtlantic Lithium Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Atlantic Lithium Ltd. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Atlantic Lithium Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Atlantic Lithium Ltd Daily Stochastic Oscillator ChartAtlantic Lithium Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Atlantic Lithium Ltd. The current cci is 309.25.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Atlantic Lithium Ltd Daily Commodity Channel Index (CCI) ChartAtlantic Lithium Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Atlantic Lithium Ltd. The current cmo is 62.71.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Atlantic Lithium Ltd Daily Chande Momentum Oscillator (CMO) ChartAtlantic Lithium Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Atlantic Lithium Ltd. The current willr is 0.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Atlantic Lithium Ltd Daily Williams %R ChartAtlantic Lithium Ltd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Atlantic Lithium Ltd.

Atlantic Lithium Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Atlantic Lithium Ltd. The current atr is 0.01211778.

Atlantic Lithium Ltd Daily Average True Range (ATR) ChartAtlantic Lithium Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Atlantic Lithium Ltd. The current obv is -6,160,758.

Atlantic Lithium Ltd Daily On-Balance Volume (OBV) ChartAtlantic Lithium Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Atlantic Lithium Ltd. The current mfi is 64.83.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Atlantic Lithium Ltd Daily Money Flow Index (MFI) ChartAtlantic Lithium Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Atlantic Lithium Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-01-21MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-01-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2025-01-28STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-02-04MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-02-05STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-06RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-02-11STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-02-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-02-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2025-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-03CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-04MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-03-05BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-07RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-03-17CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-03-28CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-31STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-03BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-04-04RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-07STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-04-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-04-24STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-28STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-01STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-05STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-08STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-13STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-28STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-30STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-03WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-04STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-11STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Atlantic Lithium Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Atlantic Lithium Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5072.781
Ma 20Greater thanMa 500.132
Ma 50Greater thanMa 1000.141
Ma 100Greater thanMa 2000.167
OpenGreater thanClose0.165
Total1/5 (20.0%)
Penke
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