STOCK TITAN

Atlas Critical Minerals (ATCX) Stock News, Aug 2021-Jan 2022

ATCX Nasdaq

Atlas Critical Minerals Corporation explores and develops critical minerals projects in Brazil for energy, technology, aerospace and defense applications. News about ATCX centers on its portfolio of rare earths, nuclear-grade graphite, uranium, titanium and iron ore assets, including updates on graphite mineral rights, rare earth metallurgical testing at the Alto do Paranaíba Project, and operations at the Rio Piracicaba Iron Ore Project.

Company updates also cover Nasdaq listing and public-offering milestones, technical leadership appointments, analyst coverage, shareholder voting matters, capital-structure disclosure and risk factors tied to exploration and development activities.

Rhea-AI Summary

Atlas Technical Consultants, a leading Infrastructure and Environmental solutions provider, will participate in the CJS Securities 22nd Annual "New Ideas for the New Year" Conference on January 12, 2022. Headquartered in Austin, Texas, Atlas offers services across four main areas: Environmental, Testing, Inspection and Certification, Engineering & Design, and Program, Construction, and Quality Management. With over 3,600 employees, the company focuses on improving the performance and extending the lifecycle of infrastructure assets impacted by climate, health, and economic factors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.13%
Tags
conferences
-
Rhea-AI Summary

Atlas Technical Consultants (Nasdaq: ATCX) announced that CEO Joe Boyer and CFO David Quinn will present at the Credit Suisse 9th Annual Industrials Conference on December 3, 2021, at 8:50 a.m. Eastern Time. The presentation will be accessible via a live audio webcast through the company’s website, with a replay available following the event.

Atlas, based in Austin, Texas, specializes in Infrastructure and Environmental solutions, employing over 3,600 people nationwide and providing services in multiple disciplines, including Environmental, Engineering, and Quality Management.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.22%
Tags
conferences
-
Rhea-AI Summary

Atlas Technical Consultants (Nasdaq: ATCX) has been awarded a $7 million contract for geotechnical investigation services at the Carbon Free Power Project in Idaho. As part of the Rizzo International team, Atlas will provide field and lab services to support the final geotechnical report for the nation's first small modular reactor (SMR) nuclear plant. The project aims to provide carbon-free energy and is crucial for meeting emission reduction goals. Atlas boasts over 20 years of experience at the Idaho National Laboratory.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.27%
Tags
none
Rhea-AI Summary

Atlas Technical Consultants reported a 15% increase in gross revenue to $138.7 million for Q3 2021, driven by expanded services and acquisitions. The company’s backlog reached a record $757 million, reflecting strong infrastructure contract wins. Despite a net loss of $2.3 million, adjusted net income rose to $4.6 million. Anticipation of federal infrastructure spending is expected to bolster future growth, with 2022 adjusted EBITDA projected to grow in the low-to-mid teens. The company emphasizes ongoing management focus on enhancing margins and cash flow.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.2%
Tags
-
Rhea-AI Summary

Atlas Technical Consultants (Nasdaq: ATCX) has secured a $15 million contract for design quality assurance on the I-35 Northeast Expansion (NEX) project in Texas. This contract is part of a larger $1.5 billion design-build initiative awarded to Alamo NEX Construction, a joint venture. The project aims to enhance safety and mobility on one of Texas's busiest highways, tackling congestion and meeting future traffic demands. Atlas will ensure compliance with design specifications through infrastructure reviews, leveraging its extensive experience with TxDOT projects.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.74%
Tags
none
-
Rhea-AI Summary

Atlas Technical Consultants (ATCX) will release its third quarter 2021 financial results post-market on November 15, 2021. A conference call is scheduled for 5:00 p.m. Eastern Time to review the results and engage in a Q&A session. The event will be accessible via the company’s website or through dial-in options for those unable to join the webcast. Atlas provides various technical services across sectors, employing around 3,600 individuals nationwide, illustrating its robust presence in infrastructure and environmental solutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
Tags
Rhea-AI Summary

Atlas Technical Consultants (NASDAQ: ATCX) has selected Deltek Vantagepoint as its ERP solution to support its growth and streamline operations. Headquartered in Austin, Texas, Atlas is recognized in the top ranks of environmental and construction management. With over 3,600 employees and more than 100 locations nationwide, Atlas aims to consolidate its acquired companies into a single, scalable ERP platform, enhancing operational efficiency. Deltek Vantagepoint is expected to provide integration and improved resource management.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.51%
Tags
none
-
Rhea-AI Summary

Atlas Technical Consultants (Nasdaq: ATCX) announced participation in the D.A. Davidson 20th Annual Diversified Industrials & Services Virtual Conference on September 22, 2021. The company, based in Austin, Texas, specializes in Environmental, Testing, Inspection & Certification, Engineering & Design, and Program Management services. With approximately 3,600 employees, Atlas serves various markets including transportation, water, and government, providing critical technical services nationwide.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.62%
Tags
conferences
-
Rhea-AI Summary

Atlas Technical Consultants (Nasdaq: ATCX) announced an $18 million IDIQ contract with the Central Federal Lands Highway Division to provide onsite construction inspection and contract administration services. This award, the company's second consecutive IDIQ contract since 2014, follows the Great American Outdoors Act's significant funding for infrastructure projects. Atlas aims to enhance its services in the 14-state CFLHD region, reaffirming its commitment to quality assurance and reliability in engineering support.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.62%
Tags
none
Rhea-AI Summary

Atlas Technical Consultants has secured an $18 million contract with the California Department of Transportation (Caltrans), boosting its total contract value to $48 million. The contract spans three years and focuses on quality assurance and verification services. Atlas will assist in the maintenance and construction of various transportation projects, utilizing alternative procurement methods. The company emphasizes its commitment to safety and high-quality standards.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.81%
Tags
none

FAQ

What is the current stock price of Atlas Critical Minerals (ATCX)?

Atlas Critical Minerals (ATCX) last closed at $2.16.

What is the market cap of Atlas Critical Minerals (ATCX)?

The market cap of Atlas Critical Minerals (ATCX) is approximately $11.0M.