Rio Tinto (NYSE:RIO) vs. Atlas Lithium (NASDAQ:ATLX) Head to Head Comparison

Atlas Lithium (NASDAQ:ATLX) and Rio Tinto (NYSE:RIO) are both basic materials companies, but which is the better business? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, profitability, risk, earnings, valuation and institutional ownership.

Profitability

This table compares Atlas Lithium and Rio Tinto’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Atlas Lithium	N/A	-85.31%	-45.88%
Rio Tinto	N/A	N/A	N/A

Valuation & Earnings

This table compares Atlas Lithium and Rio Tinto”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Atlas Lithium	$90,000.00	1,952.89	-$28.11 million	($1.57)	-3.80
Rio Tinto	$57.64 billion	2.35	$9.97 billion	N/A	N/A

Rio Tinto has higher revenue and earnings than Atlas Lithium.

Volatility and Risk

Atlas Lithium has a beta of 0.02, meaning that its stock price is 98% less volatile than the S&P 500. Comparatively, Rio Tinto has a beta of 0.55, meaning that its stock price is 45% less volatile than the S&P 500.

Insider and Institutional Ownership

18.4% of Atlas Lithium shares are owned by institutional investors. Comparatively, 19.3% of Rio Tinto shares are owned by institutional investors. 22.8% of Atlas Lithium shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Analyst Ratings

This is a summary of recent ratings for Atlas Lithium and Rio Tinto, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Atlas Lithium	1	1	1	0	2.00
Rio Tinto	0	11	4	0	2.27

Atlas Lithium currently has a consensus price target of $12.00, suggesting a potential upside of 101.34%. Rio Tinto has a consensus price target of $101.75, suggesting a potential downside of 5.63%. Given Atlas Lithium’s higher possible upside, equities analysts clearly believe Atlas Lithium is more favorable than Rio Tinto.

Summary

Rio Tinto beats Atlas Lithium on 8 of the 11 factors compared between the two stocks.

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.

About Rio Tinto

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting. The Copper segment engages in mining and refining of copper, gold, silver, molybdenum, and other by-products and exploration activities. The Minerals segment is involved in mining and processing of borates, titanium dioxide feedstock, and iron concentrate and pellets; diamond mining, sorting, and marketing; and development projects for battery materials, such as lithium. It also owns and operates open pit and underground mines; and refineries, smelters, processing plants and power, and shipping facilities. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.