$ATCX

H.C. Wainwright reiterated a Buy rating and $13.75 price target on Atlas Technical Consultants (ATCX) following a mineral resource update from its associated project, Atlas Critical Minerals. The Malacacheta Graphite Project reported Indicated resources of 17.2 million tonnes and Inferred resources of 7.0 million tonnes. ATCX shares trade near their 52-week low, with InvestingPro suggesting undervaluation at a Fair Value of $3.31.

Atlas Critical Minerals (ATCX) announced a maiden Mineral Resource Estimate for its Malacacheta Graphite Project in Brazil, reporting 17.2 million tonnes Indicated at 5.73% Cg and 7.0 million tonnes Inferred at 5.40% Cg. The company claims this is the largest graphite resource in South America under recognized reporting codes, with grades higher than major U.S. deposits. The resource is near-surface and amenable to open-pit mining, with potential for further expansion.

Atlas Critical Minerals (NASDAQ: ATCX) reported initial results from its 100%-owned Graphite Project in Minas Gerais, Brazil. All 20 maiden diamond drill holes (~2,300 m) intersected graphite mineralization, with assays up to 33.78 m at 7.97% graphitic carbon. SGS is preparing a maiden resource estimate expected in Q4 2026.

Reuters reports that at least 18 mining firms have completed or are pursuing dual U.S. listings in 2026, versus three in 2025, with filings explicitly pitching defense-related demand for strategic minerals. Companies cover antimony, rare earths, tungsten and uranium on NYSE/Nasdaq. Examples include Guardian Metal Resources’ $6.2m Pentagon funding and $245m Defense Logistics Agency antimony contract; investors link listings to policy-backed financing amid China export curbs.