Atlas Lithium Corporation

NasdaqCM:ATLX Stock Report

Market Cap: US$144.7m

Atlas Lithium Management

Management criteria checks 2/4

Atlas Lithium's CEO is Marc Fogassa, appointed in Dec 2012, has a tenure of 13.42 years. directly owns 17.54% of the company’s shares, worth $25.38M. The average tenure of the management team and the board of directors is 1.8 years and 4.5 years respectively.

Key information

Marc Fogassa

Chief executive officer

US$7.5m

Total compensation

CEO salary percentagen/a
CEO tenure13.4yrs
CEO ownership17.5%
Management average tenure1.8yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

Seeking Alpha Apr 06

Atlas Lithium Stock Rebounded After Cooperation Agreement: I Rate It A Buy

Summary Atlas Lithium Corporation remains a compelling buy under $5, with strategic value underscored by its inclusion in the Japan-U.S. Critical Minerals Project. ATLX’s Neves Project is the only Brazil-based lithium asset recognized in the Japan-U.S. cooperation agreement, with potential financial backing from both governments. Lithium prices have rebounded sharply, and ATLX has beaten recent earnings estimates, positioning it for first production in 2026–2027 amid tightening global supply. ATLX’s $126M market cap and growth profile make it an attractive takeover target for large-cap lithium producers seeking accretive acquisitions. Read the full article on Seeking Alpha
Analysis Article Nov 20

Is Atlas Lithium (NASDAQ:ATLX) Using Debt Sensibly?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jul 24

Is Atlas Lithium (NASDAQ:ATLX) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Mar 18

Is Atlas Lithium (NASDAQ:ATLX) Using Debt In A Risky Way?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Sep 04

Does Atlas Lithium (NASDAQ:ATLX) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 21

Does Atlas Lithium (NASDAQ:ATLX) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

CEO Compensation Analysis

How has Marc Fogassa's remuneration changed compared to Atlas Lithium's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025US$7mn/a

-US$28m

Sep 30 2025n/an/a

-US$33m

Jun 30 2025n/an/a

-US$35m

Mar 31 2025n/an/a

-US$38m

Dec 31 2024US$15mn/a

-US$42m

Sep 30 2024n/an/a

-US$48m

Jun 30 2024n/an/a

-US$50m

Mar 31 2024n/an/a

-US$50m

Dec 31 2023US$3mn/a

-US$41m

Sep 30 2023n/an/a

-US$27m

Jun 30 2023n/an/a

-US$17m

Mar 31 2023n/an/a

-US$8m

Dec 31 2022US$1mn/a

-US$5m

Sep 30 2022n/an/a

-US$3m

Jun 30 2022n/an/a

-US$3m

Mar 31 2022n/an/a

-US$3m

Dec 31 2021US$1mn/a

-US$3m

Sep 30 2021n/an/a

-US$2m

Jun 30 2021n/an/a

-US$2m

Mar 31 2021n/an/a

-US$1m

Dec 31 2020US$38kUS$38k

-US$1m

Sep 30 2020n/an/a

-US$2m

Jun 30 2020n/an/a

-US$2m

Mar 31 2020n/an/a

-US$2m

Dec 31 2019US$17kUS$17k

-US$2m

Compensation vs Market: Marc's total compensation ($USD7.47M) is above average for companies of similar size in the US market ($USD619.80K).

Compensation vs Earnings: Marc's compensation has been consistent with company performance over the past year.


CEO

Marc Fogassa (58 yo)

13.4yrs
Tenure
US$7,472,921
Compensation

Dr. Marc Fogassa, M.D., is Founder of Atlas Critical Minerals Corporation (formerly known as Jupiter Gold Corporation) and has been its Chairman of the Board from July 2016 and served as its CFO. Dr. Fogas...


Leadership Team

NamePositionTenureCompensationOwnership
Marc Fogassa
Chairman13.4yrsUS$7.47m17.54%
$ 25.4m
Tiago de Miranda
CFO, Principal Accounting Officer & Treasurer1.8yrsUS$240.00k0.00083%
$ 1.2k
Joel de Paiva Monteiro
Chief of ESG6.3yrsno datano data
Gary Guyton
Vice President of Investor Relations1.8yrsno datano data
Brian Bernier
Vice President of Communications1.8yrsUS$506.56k0.15%
$ 212.7k
Lili Wu
Head of Business Development for Asia1.4yrsno datano data
1.8yrs
Average Tenure
58yo
Average Age

Experienced Management: ATLX's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Marc Fogassa
Chairman13.4yrsUS$7.47m17.54%
$ 25.4m
Robert Roger Noriega
Independent Director13.4yrsUS$69.70k0.92%
$ 1.3m
Stephen Petersen
Independent Director4.4yrsUS$69.70k0.15%
$ 220.4k
Cassiopeia Olson
Independent Director4.5yrsUS$69.70k0.0039%
$ 5.6k
Flavio Augusto Rocha
Independent Directorless than a yearno datano data
4.5yrs
Average Tenure
61yo
Average Age

Experienced Board: ATLX's board of directors are considered experienced (4.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/06 18:23
End of Day Share Price 2026/05/06 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Atlas Lithium Corporation is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob SekelskyAlliance Global Partners
Heiko IhleH.C. Wainwright & Co.
null nullH.C. Wainwright & Co.