Should I buy or sell Sigma Lithium stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sigma Lithium in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SGML shares. View SGML analyst ratings or view top-rated stocks .

What is Sigma Lithium's stock price target for 2024?

2 brokers have issued 12 month price objectives for Sigma Lithium's shares. Their SGML share price targets range from $29.00 to $30.00. On average, they expect the company's share price to reach $29.50 in the next twelve months. This suggests a possible upside of 123.1% from the stock's current price. View analysts price targets for SGML or view top-rated stocks among Wall Street analysts .

How have SGML shares performed in 2024?

Sigma Lithium's stock was trading at $31.53 at the beginning of 2024. Since then, SGML stock has decreased by 58.1% and is now trading at $13.22. View the best growth stocks for 2024 here .

When is Sigma Lithium's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024. View our SGML earnings forecast .

What ETF holds Sigma Lithium's stock?

VanEck Rare Earth/Strategic Metals ETF holds 835,598 shares of SGML stock, representing 3.67% of its portfolio.

Who are Sigma Lithium's major shareholders?

Sigma Lithium's stock is owned by many different retail and institutional investors. Top institutional shareholders include Fourth Sail Capital LP (0.17%).

How do I buy shares of Sigma Lithium?

Shares of SGML stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:SGML

Sigma Lithium (SGML) Stock Price, News & Analysis

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Free SGML Stock Alerts

$13.22

-0.76 (-5.44%)

(As of 09:39 AM ET)

Compare

Today's Range: $13.03
▼
$13.63
50-Day Range: $11.48
▼
$15.93
52-Week Range: $10.46
▼
$43.18

Volume: 60,223 shs
Average Volume: 1.38 million shs
Market Capitalization: $1.46 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $29.50

Get Sigma Lithium alerts:

Sigma Lithium MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 123.1% Upside
$29.50 Price Target
Short Interest: Bearish
24.05% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.91
Based on 12 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 866.67%
From $0.03 to $0.29 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.07 out of 5 stars

Computer And Technology Sector

294th out of 591 stocks

Metal Mining Industry

8th out of 16 stocks

3.5

Analyst's Opinion

Consensus Rating
Sigma Lithium has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Sigma Lithium has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
24.05% of the float of Sigma Lithium has been sold short.
Short Interest Ratio / Days to Cover
Sigma Lithium has a short interest ratio ("days to cover") of 7.5.
Change versus previous month
Short interest in Sigma Lithium has recently increased by 4.62%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Sigma Lithium does not currently pay a dividend.
Dividend Growth
Sigma Lithium does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SGML.

2.7

News and Social Media Coverage

News Sentiment
Sigma Lithium has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Sigma Lithium this week, compared to 2 articles on an average week.
Search Interest
Only 15 people have searched for SGML on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
MarketBeat Follows
Only 8 people have added Sigma Lithium to their MarketBeat watchlist in the last 30 days. This is a decrease of -56% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sigma Lithium insiders have not sold or bought any company stock.
Percentage Held by Insiders
48.60% of the stock of Sigma Lithium is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
64.86% of the stock of Sigma Lithium is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Sigma Lithium are expected to grow by 866.67% in the coming year, from $0.03 to $0.29 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sigma Lithium is -18.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sigma Lithium is -18.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Sigma Lithium has a P/B Ratio of 9.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Sigma Lithium Stock (NASDAQ:SGML)

Sigma Lithium Corporation engages in the exploration and development of lithium deposits in Brazil. It holds a 100% interest in the Grota do Cirilo, Genipapo, Santa Clara, and São José properties comprising 29 mineral rights covering an area of approximately 185 square kilometers located in the Araçuaí and Itinga regions of the state of Minas Gerais, Brazil. It serves electric vehicle industries worldwide. The company was formerly known as Sigma Lithium Resources Corporation and changed its name to Sigma Lithium Corporation in July 2021. The company is headquartered in São Paulo, Brazil.

SGML Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SGML Stock News Headlines

April 15, 2024 | proactiveinvestors.com

Sigma Lithium announces loading of 22,000-ton shipment at premium prices

April 15, 2024 | prnewswire.com

SIGMA LITHIUM ANNOUNCES LOADING 22,000t SHIPMENT WITH 85% PREPAYMENT AT PREMIUM PRICES

April 16, 2024 | InvestorPlace (Ad)

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April 13, 2024 | americanbankingnews.com

Cormark Comments on Sigma Lithium Co.'s Q1 2024 Earnings (NASDAQ:SGML)

April 12, 2024 | proactiveinvestors.com

Sigma Lithium expands tropical forest conservation efforts to combat deforestation

April 11, 2024 | prnewswire.com

SIGMA LITHIUM INCREASES CONSERVATION PROGRAM AGAINST DEFORESTATION TO REACH RECORD AREA OF 7 KM2; RECEIVES LETTER FROM NASDAQ REGARDING DELAYED FORM 40-F; FILING EXPECTED BEFORE END OF APRIL

April 11, 2024 | investorplace.com

Wall Street Favorites: 3 Lithium Stocks with Strong Buy Ratings for April 2024

April 8, 2024 | americanbankingnews.com

Comparing Sigma Lithium (NASDAQ:SGML) and Anglo American (OTCMKTS:NGLOY)

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April 5, 2024 | investorplace.com

3 Materials Stocks Short Sellers Are Digging Into: Trouble in the Mines?

April 4, 2024 | reuters.com

Sigma Lithium CEO won't sell the company at current lithium prices

April 2, 2024 | markets.businessinsider.com

Sigma Lithium: Poised for Growth with Expansion and Favorable Market Conditions

April 1, 2024 | msn.com

Why Sigma Lithium Shares Are Surging Today

April 1, 2024 | proactiveinvestors.com

Sigma Lithium to double production capacity, initiates construction for Phase 2 industrial plant

April 1, 2024 | prnewswire.com

SIGMA LITHIUM ANNOUNCES FINAL INVESTMENT DECISION AND INITIATION OF CONSTRUCTION TO DOUBLE PRODUCTION CAPACITY TO 520,000t/y

March 28, 2024 | proactiveinvestors.com

Sigma Lithium achieves increased premium price for lithium shipment

March 28, 2024 | investorplace.com

3 Tech Stocks to Buy for the Next Bull Run: March 2024

March 27, 2024 | prnewswire.com

SIGMA LITHIUM SECURES PREMIUM FINAL PRICE OF US$ 1,333/t FOR 22,000 t OF QUINTUPLE ZERO LITHIUM, WITH 85% PRE-PAYMENT FOR DELIVERY IN 2 WEEKS

March 21, 2024 | www.nytimes.com

March 21, 2024 | prnewswire.com

SIGMA LITHIUM TO RELEASE FULL YEAR 2023 RESULTS APRIL 1, 2024; FILES UPDATED NI 43-101 TECHNICAL REPORT WITH MINERAL RESOURCE ESTIMATES

March 20, 2024 | msn.com

Sigma Lithium gets letter of arbitration from LG Energy alleging contract breach

March 19, 2024 | prnewswire.com

SIGMA LITHIUM RECEIVES INITIATION LETTER OF ARBITRATION BY LG-ES FROM ICDR

March 19, 2024 | investorplace.com

7 Lithium Stocks Built for the Long Haul

March 16, 2024 | finance.yahoo.com

SGML Apr 2024 14.000 call

March 16, 2024 | finance.yahoo.com

SGML Apr 2024 33.000 put

March 16, 2024 | finance.yahoo.com

SGML Apr 2024 19.000 call

March 16, 2024 | finance.yahoo.com

SGML Apr 2024 8.000 put

See More Headlines

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Company Calendar

Today: 4/16/2024
Next Earnings (Estimated): 8/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Metal mining
Sub-Industry: N/A
Current Symbol: NASDAQ:SGML
CUSIP: N/A
CIK: 1848309
Web: www.sigmalithiumresources.com
Phone: 551129850089
Fax: N/A
Employees: 165
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $29.50
High Stock Price Target: $30.00
Low Stock Price Target: $29.00
Potential Upside/Downside: +123.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.73)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 440.67
P/E Growth: N/A
Net Income: $-97,850,000.00
Net Margins: N/A
Pretax Margin: -79.84%
Return on Equity: -51.57%
Return on Assets: -25.78%

Debt

Debt-to-Equity Ratio: 0.02
Current Ratio: 1.54
Quick Ratio: 1.32

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.35 per share
Price / Book: 9.79

Miscellaneous

Outstanding Shares: 110,540,000
Free Float: 56,819,000
Market Cap: $1.46 billion
Optionable: Optionable
Beta: 0.29

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Key Executives

Ms. Ana Cabral-Gardner (Age 54)
Co-Chairperson & CEO
Comp: $168.81k
Mr. Caio Araujo
Chief Financial Officer
James Neal-Ellis
Vice President of Corporate Development & Investor Relations
Ms. Paula Lacava
Director of Legal
Mr. Daniel Abdo
Director of Investor Relations & Chief Communications Officer
Ms. Fadwa Andrade
Director of Sustainability
Mr. Iran Zan
Co-GM and Director of Geology & Regional Institutional Relations
Mr. Matthew Porter DeYoe C.F.A.
Executive Vice President for Corporate Affairs & Strategic Development
Ms. Jo-Anne Archibald B.Sc.
Fcis, Icd.D, Mba, Corporate Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SGML Stock Analysis - Frequently Asked Questions

Should I buy or sell Sigma Lithium stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sigma Lithium in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SGML shares.
View SGML analyst ratings or view top-rated stocks.
What is Sigma Lithium's stock price target for 2024?: 2 brokers have issued 12 month price objectives for Sigma Lithium's shares. Their SGML share price targets range from $29.00 to $30.00. On average, they expect the company's share price to reach $29.50 in the next twelve months. This suggests a possible upside of 123.1% from the stock's current price.
View analysts price targets for SGML or view top-rated stocks among Wall Street analysts.
How have SGML shares performed in 2024?: Sigma Lithium's stock was trading at $31.53 at the beginning of 2024. Since then, SGML stock has decreased by 58.1% and is now trading at $13.22.
View the best growth stocks for 2024 here.
When is Sigma Lithium's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our SGML earnings forecast.

What ETF holds Sigma Lithium's stock?: VanEck Rare Earth/Strategic Metals ETF holds 835,598 shares of SGML stock, representing 3.67% of its portfolio.
Who are Sigma Lithium's major shareholders?: Sigma Lithium's stock is owned by many different retail and institutional investors. Top institutional shareholders include Fourth Sail Capital LP (0.17%).
How do I buy shares of Sigma Lithium?: Shares of SGML stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SGML) was last updated on 4/16/2024 by MarketBeat.com Staff

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Sigma Lithium (SGML) Stock Price, News & Analysis

Sigma Lithium MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Sigma Lithium Stock (NASDAQ:SGML)

SGML Stock Price History

SGML Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

SGML Stock Analysis - Frequently Asked Questions

Overall MarketRank^™