Cleveland-Cliffs (NYSE:CLF – Get Free Report) and Atlas Lithium (NASDAQ:ATLX – Get Free Report) are both materials companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, profitability, valuation, analyst recommendations, institutional ownership and risk.
Risk & Volatility
Cleveland-Cliffs has a beta of 1.99, meaning that its stock price is 99% more volatile than the S&P 500. Comparatively, Atlas Lithium has a beta of 0.27, meaning that its stock price is 73% less volatile than the S&P 500.
Analyst Recommendations
This is a summary of recent ratings and recommmendations for Cleveland-Cliffs and Atlas Lithium, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Cleveland-Cliffs | 2 | 7 | 3 | 0 | 2.08 |
| Atlas Lithium | 1 | 1 | 1 | 0 | 2.00 |
Cleveland-Cliffs currently has a consensus target price of $14.18, suggesting a potential upside of 23.55%. Atlas Lithium has a consensus target price of $11.50, suggesting a potential upside of 601.22%. Given Atlas Lithium’s higher possible upside, analysts plainly believe Atlas Lithium is more favorable than Cleveland-Cliffs.
Institutional & Insider Ownership
67.7% of Cleveland-Cliffs shares are owned by institutional investors. Comparatively, 18.4% of Atlas Lithium shares are owned by institutional investors. 0.9% of Cleveland-Cliffs shares are owned by insiders. Comparatively, 22.8% of Atlas Lithium shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Profitability
This table compares Cleveland-Cliffs and Atlas Lithium’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Cleveland-Cliffs | -2.36% | -6.83% | -2.05% |
| Atlas Lithium | N/A | -76.72% | -44.33% |
Valuation & Earnings
This table compares Cleveland-Cliffs and Atlas Lithium”s top-line revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Cleveland-Cliffs | $18.61 billion | 0.35 | -$1.48 billion | ($0.85) | -13.50 |
| Atlas Lithium | $90,000.00 | 537.37 | -$28.11 million | ($1.56) | -1.05 |
Atlas Lithium has lower revenue, but higher earnings 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.
Summary
Cleveland-Cliffs beats Atlas Lithium on 8 of the 14 factors compared between the two stocks.
About Cleveland-Cliffs
Cleveland-Cliffs is the largest flat-rolled steel company and the largest iron ore pellet producer in North America. The company is vertically integrated from mining through iron making, steelmaking, rolling, finishing and downstream with hot and cold stamping of steel parts and components. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.
About Atlas Lithium
Atlas Lithium Corporation operates as a mineral exploration and development company in Brazil. It operates the Minas Gerais lithium project that consists of 54 mineral rights covering an area of 59,275 acres located within the Brazilian Eastern Pegmatitic Province; and Northeastern Brazil lithium project, which consists of 7 mineral rights covering an area of 16,266 acres in the States of Paraíba and Rio Grande do Norte in northeastern Brazil. The company also owns 100% interests in various mining concessions for gold, diamond, and industrial sand; and early-stage projects and properties in other minerals, such as nickel, copper, rare earths, graphite, and titanium; as well as participates in iron and quartzite projects. The company was formerly known as Brazil Minerals, Inc. and changed its name to Atlas Lithium Corporation in October 2022. Atlas Lithium Corporation was founded in 2011 and is based in Belo Horizonte, Brazil.
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