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
Company profile
Ticker
ATLX
Exchange
Website
CEO
Marc Fogassa
Employees
Incorporated
Location
Fiscal year end
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)
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
10-K
2023 FY
Annual report
27 Mar 24
8-K
Departure of Directors or Certain Officers
25 Mar 24
8-K
Shareholder Nominations Pursuant to Exchange Act Rule 14a-11
12 Feb 24
8-K
Departure of Directors or Certain Officers
5 Jan 24
8-K
Other Events
8 Dec 23
8-K
Other Events
5 Dec 23
Latest ownership filings
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
5
Cassiopeia Olson
27 Mar 24
5
Brian W. Bernier
27 Mar 24
5
da Silva Junior Areli Nogueira
27 Mar 24
3
Nicholas Rowley
15 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Change in cash | |||||
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) | 22.86 mm | 22.86 mm | 22.86 mm | 22.86 mm | 22.86 mm | 22.86 mm |
Cash burn (monthly) | (no burn) | (no burn) | 3.91 mm | 2.36 mm | 2.82 mm | (no burn) |
Cash used (since last report) | n/a | n/a | 27.02 mm | 16.28 mm | 19.50 mm | n/a |
Cash remaining | n/a | n/a | -4.17 mm | 6.58 mm | 3.36 mm | n/a |
Runway (months of cash) | n/a | n/a | -1.1 | 2.8 | 1.2 | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 24 |
Opened positions | 9 |
Closed positions | 4 |
Increased positions | 7 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 32.45 bn |
Total shares | 251.43 mm |
Total puts | 6.50 k |
Total calls | 23.70 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
ATLX Atlas Lithium | 250.00 mm | $0.00 |
Waratah Capital Advisors | 661.16 k | $17.19 bn |
Weiss Multi-Strategy Advisers | 270.39 k | $8.29 mm |
Cross Staff Investments | 213.21 k | $6.53 bn |
IVZ Invesco | 126.11 k | $3.86 bn |
Thomist Capital Management | 60.05 k | $1.84 bn |
Polar Asset Management Partners | 36.33 k | $1.11 bn |
BLK Blackrock | 34.33 k | $1.05 bn |
Geode Capital Management | 6.97 k | $213.59 mm |
GROW U.S. Global Investors, Inc. - Ordinary Shares | 5.00 k | $153.20 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
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 |
15 Feb 24 | Marc Fogassa | Common Stock | Sale back to company | Dispose D | No | Yes | 18.47 | 1,700 | 31.40 k | 4,378,652 |
14 Feb 24 | Marc Fogassa | Common Stock | Sale back to company | Dispose D | No | Yes | 18.94 | 1,200 | 22.73 k | 4,380,352 |
News
US Steel Delays Deal With Nippon; Atlas Lithium Secures New Financing; ATI Completes Expansion And More: Friday's Top Mining Stories
12 Apr 24
Alliance Global Partners Maintains Buy on Atlas Lithium, Lowers Price Target to $55
2 Apr 24
Roth MKM Maintains Buy on Atlas Lithium, Lowers Price Target to $36
1 Apr 24
Gold Royalty Projects Revenue To Double; Universal Stainless Sees Record Sales; Atlas Lithium Gets $30M And More: Thursday's Top Mining Stories
28 Mar 24
EXCLUSIVE: Atlas Lithium Partners with Mitsui for $30M Investment and Lithium Offtake, Signals Confidence in Brazil's Lithium Valley Project
28 Mar 24
Press releases
Atlas Lithium (NASDAQ: ATLX) Secures Partnerships With Suppliers To Tesla, BYD And Secures Funding From Mitsui & Co. To Fuel Growth
12 Apr 24
Atlas Lithium (NASDAQ: ATLX) Secures Game-Changing $30,000,000 Strategic Investment From Mitsui & Co.
2 Apr 24
Atlas Lithium (NASDAQ: ATLX) Announces Appointment Of Seasoned Lithium Expert Brian Talbot As Chief Operating Officer
26 Mar 24
Atlas Lithium (NASDAQ: ATLX): The Under-The-Radar Company Partnered With Suppliers To The Largest EV Makers Globally
20 Mar 24