Sigma Lithium Co. (NASDAQ:SGML – Get Rating) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $28.54 and last traded at $27.34, with a volume of 4279 shares trading hands. The stock had previously closed at $24.96.
Wall Street Analysts Forecast Growth
Separately, National Bank Financial upped their price objective on shares of Sigma Lithium from C$26.00 to C$27.00 in a research note on Thursday, June 23rd.
Sigma Lithium Trading Down 1.0 %
The company has a market capitalization of $2.77 billion and a price-to-earnings ratio of -57.33. The firm’s fifty day simple moving average is $19.81 and its two-hundred day simple moving average is $16.65.
Hedge Funds Weigh In On Sigma Lithium
Sigma Lithium Company Profile
Sigma Lithium Corporation engages in the exploration and development of lithium deposits in Brazil. It holds 100% interest in the Grota do Cirilo, Genipapo, Santa Clara, and São José properties comprising 27 mineral rights covering an area of approximately 191 square kilometers located in the Araçuaí and Itinga regions of the state of Minas Gerais, Brazil.
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