Head to Head Comparison: Cleveland-Cliffs (NYSE:CLF) and Atlas Lithium (NASDAQ:ATLX)

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

Earnings and Valuation

This table compares Atlas Lithium and Cleveland-Cliffs”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Atlas Lithium $109,897.00 486.49 -$28.11 million ($1.48) -1.17
Cleveland-Cliffs $18.61 billion 0.40 -$1.48 billion ($0.85) -15.45

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.

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 -75.37% -44.02%
Cleveland-Cliffs -2.36% -6.83% -2.05%

Analyst Recommendations

This is a summary of current ratings for Atlas Lithium and Cleveland-Cliffs, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Atlas Lithium 1 1 1 0 2.00
Cleveland-Cliffs 1 8 3 0 2.17

Atlas Lithium currently has a consensus target price of $11.50, suggesting a potential upside of 564.74%. Cleveland-Cliffs has a consensus target price of $14.60, suggesting a potential upside of 11.14%. Given Atlas Lithium’s higher probable upside, research analysts clearly believe Atlas Lithium is more favorable than Cleveland-Cliffs.

Volatility and Risk

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.

Insider and Institutional Ownership

18.4% of Atlas Lithium shares are owned by institutional investors. Comparatively, 67.7% of Cleveland-Cliffs shares are owned by institutional investors. 22.8% of Atlas Lithium shares are owned by company insiders. Comparatively, 0.9% of Cleveland-Cliffs shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary

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

About Atlas Lithium

(Get Free Report)

Atlas Lithium Corporation is a mineral exploration and development company focused primarily on advancing lithium projects in Brazil. The company’s activities center on the exploration, development and potential production of lithium-bearing spodumene, a hard-rock mineral used to produce lithium chemicals for batteries and other applications. Atlas Lithium’s portfolio is concentrated in Brazil’s Minas Gerais state, including the Jequitinhonha Valley, an area commonly known as Brazil’s Lithium Valley.

About Cleveland-Cliffs

(Get Free Report)

Cleveland-Cliffs Inc. is a vertically integrated steel and iron ore company headquartered in Cleveland, Ohio. Its operations span iron ore mining and pellet production, direct-reduced iron and coke production, and steelmaking and finishing. The company makes flat-rolled steel products, including hot-rolled, cold-rolled and coated steel, as well as plate and other specialty products. Its customers serve industries such as automotive, infrastructure, manufacturing and appliances. Founded in 1847 as an iron ore mining company, Cleveland-Cliffs expanded into steelmaking and has built an integrated production network across the United States and Canada.

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