AngloGold Ashanti (NYSE:AU – Get Free Report) and Atlas Lithium (NASDAQ:ATLX – Get Free Report) are both materials companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, risk, profitability, dividends, valuation, institutional ownership and earnings.
Valuation and Earnings
This table compares AngloGold Ashanti and Atlas Lithium”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| AngloGold Ashanti | $9.89 billion | 5.12 | $2.64 billion | $7.46 | 13.45 |
| Atlas Lithium | $90,000.00 | 983.00 | -$28.11 million | ($1.56) | -1.92 |
Institutional and Insider Ownership
36.1% of AngloGold Ashanti shares are held by institutional investors. Comparatively, 18.4% of Atlas Lithium shares are held by institutional investors. 22.8% of Atlas Lithium shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Analyst Recommendations
This is a summary of current ratings and price targets for AngloGold Ashanti and Atlas Lithium, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| AngloGold Ashanti | 2 | 2 | 5 | 1 | 2.50 |
| Atlas Lithium | 1 | 1 | 1 | 0 | 2.00 |
AngloGold Ashanti currently has a consensus target price of $111.14, suggesting a potential upside of 10.79%. Atlas Lithium has a consensus target price of $11.50, suggesting a potential upside of 283.33%. Given Atlas Lithium’s higher probable upside, analysts clearly believe Atlas Lithium is more favorable than AngloGold Ashanti.
Profitability
This table compares AngloGold Ashanti and Atlas Lithium’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| AngloGold Ashanti | 32.19% | 38.77% | 25.72% |
| Atlas Lithium | N/A | -76.72% | -44.33% |
Volatility and Risk
AngloGold Ashanti has a beta of 0.74, indicating that its stock price is 26% less volatile than the S&P 500. Comparatively, Atlas Lithium has a beta of 0.05, indicating that its stock price is 95% less volatile than the S&P 500.
Summary
AngloGold Ashanti beats Atlas Lithium on 12 of the 15 factors compared between the two stocks.
About AngloGold Ashanti
AngloGold Ashanti plc operates as a gold mining company in Africa, Australia, and the Americas. The company primarily explores for gold, as well as produces silver and sulphuric acid as by-products. Its flagship property is a 100% owned Geita mine located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania. AngloGold Ashanti plc was incorporated in 1944 and is headquartered in Greenwood Village, Colorado.
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 ParaĆba 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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