Atlas Lithium Corp
NASDAQ:ATLX
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Gross Margin
Atlas Lithium Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | US |
Market Cap | 121m USD |
Gross Margin |
46%
|
Country | ZA |
Market Cap | 165B Zac |
Gross Margin |
19%
|
Country | ZA |
Market Cap | 93.1B Zac |
Gross Margin |
6%
|
Country | ZA |
Market Cap | 53.6B Zac |
Gross Margin |
5%
|
Country | ZA |
Market Cap | 44.8B Zac |
Gross Margin |
16%
|
Country | ZA |
Market Cap | 36.7B Zac |
Gross Margin |
8%
|
Country | MX |
Market Cap | 4.8B GBP |
Gross Margin |
22%
|
Country | MX |
Market Cap | 121.5B MXN |
Gross Margin |
21%
|
Country | RU |
Market Cap | 558.4B RUB |
Gross Margin |
43%
|
Country | CY |
Market Cap | 4.6B Zac |
Gross Margin |
21%
|
Country | GG |
Market Cap | 2.5B Zac |
Gross Margin |
39%
|
Atlas Lithium Corp
Glance View
Atlas Lithium Corp. operates as a U.S. mineral exploration and mining company with projects and properties in essentially all battery metals, including lithium, rare earths, graphite, nickel, cobalt, and titanium. The company is headquartered in Beverly Hills, California and currently employs 11 full-time employees. The company went IPO on 2012-06-27. The firm is focused on advancing and developing its 100%-owned hard-rock lithium project, which consists of 64 mineral rights spread over 75,040 acres (304 (square kilometer) km2) and is located primarily in the Lithium Valley of the state of Minas Gerais in Brazil. In total, Atlas Lithium has 100% ownership mineral rights for almost all battery metals, including lithium (304 km2), nickel (222 km2), rare earths (122 km2), titanium (89 km2), and graphite (56 km2), in addition to owning mining concessions for gold, diamonds, and sand. The firm also owns approximately 45% of Apollo Resources Corp. (iron) and 28% of Jupiter Gold Corp. (gold and quartzite). The Minas Gerais Lithium Project is the primary focus of Atlas Lithium, which is situated in the prolific Eastern Brazilian Pegmatite Province (EBP).
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Atlas Lithium Corp's most recent financial statements, the company has Gross Margin of 45.8%.