Sigma Lithium Co. (NASDAQ:SGML – Get Rating) – Equities researchers at Pi Financial issued their FY2022 EPS estimates for shares of Sigma Lithium in a note issued to investors on Wednesday, March 8th. Pi Financial analyst J. Stevens expects that the company will post earnings of ($0.41) per share for the year. Pi Financial has a “Buy” rating on the stock. The consensus estimate for Sigma Lithium’s current full-year earnings is ($0.37) per share. Pi Financial also issued estimates for Sigma Lithium’s FY2023 earnings at $2.20 EPS.
Several other equities research analysts also recently weighed in on SGML. Canaccord Genuity Group boosted their target price on shares of Sigma Lithium from C$45.00 to C$64.00 in a research report on Tuesday, December 6th. National Bank Financial restated an “outperform spec market weight” rating on shares of Sigma Lithium in a research note on Thursday, December 1st. Finally, BMO Capital Markets started coverage on Sigma Lithium in a research report on Thursday, January 19th. They issued an “outperform” rating and a $40.00 target price for the company.
Sigma Lithium Price Performance
Hedge Funds Weigh In On Sigma Lithium
A number of large investors have recently bought and sold shares of SGML. Quantbot Technologies LP bought a new position in shares of Sigma Lithium during the second quarter valued at approximately $38,000. Spire Wealth Management bought a new position in Sigma Lithium during the 3rd quarter worth $126,000. Barclays PLC acquired a new stake in Sigma Lithium in the third quarter worth $146,000. Inscription Capital LLC bought a new stake in Sigma Lithium in the second quarter valued at $193,000. Finally, Marshall Wace LLP acquired a new position in shares of Sigma Lithium during the third quarter valued at $202,000. Institutional investors own 6.56% of the company’s stock.
About Sigma Lithium
Sigma Lithium Corp. engages in the production a lithium property. It focuses its project in Minas Gerais. The firm also plans to build a world-class commercial-scale lithium concentration plant. The company was founded on June 8, 2011 and is headquartered in Sao Paulo, Brazil.
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