Sigma Lithium (NASDAQ:SGML) Shares Gap Up on Analyst Upgrade

Shares of Sigma Lithium Corporation (NASDAQ:SGML) gapped up prior to trading on Friday after Canaccord Genuity Group upgraded the stock from a hold rating to a buy rating. The stock had previously closed at $12.54, but opened at $14.45. Sigma Lithium shares last traded at $14.6020, with a volume of 2,454,945 shares changing hands.

Several other analysts have also recently issued reports on SGML. Citigroup cut shares of Sigma Lithium from an “overweight” rating to an “underperform” rating in a research report on Thursday, January 8th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Sigma Lithium in a report on Monday, December 29th. BMO Capital Markets reissued an “outperform” rating and issued a $18.00 price target on shares of Sigma Lithium in a research report on Wednesday, January 14th. Bank of America reaffirmed an “underperform” rating and set a $13.00 price objective (up previously from $11.00) on shares of Sigma Lithium in a research report on Thursday, January 8th. Finally, Zacks Research upgraded Sigma Lithium from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 25th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Sigma Lithium currently has a consensus rating of “Reduce” and an average price target of $17.17.

Key Headlines Impacting Sigma Lithium

Here are the key news stories impacting Sigma Lithium this week:

• Positive Sentiment: Sigma announced the sale of an additional 100,000 tonnes of high‑purity lithium fines at a price reportedly higher than the prior sale — a clear near‑term revenue catalyst. Newsfile Release
• Positive Sentiment: The company reiterated that mining remobilization activities are on track and expected to conclude as previously announced, reducing near‑term execution risk. Newsfile Release
• Positive Sentiment: Canaccord Genuity upgraded SGML from “hold” to “buy,” providing bullish analyst support that can boost investor demand. Zacks / Canaccord Note
• Positive Sentiment: Sigma publicly pushed back on inaccurate media claims about its Brazil operations, which helped calm investor concerns and contributed to the rebound in shares. MSN: Fake News Denial
• Neutral Sentiment: Analysts and commentators are re‑running valuation checks after the fresh sale and mine progress; some view the sale as supportive but note the need for sustained revenue and operating scale. Yahoo Finance Valuation
• Neutral Sentiment: Coverage pieces highlight the company’s capacity‑doubling plan and bullish scenarios but flag execution and market demand as key variables for the long‑term bull case. Yahoo: Bull Case / Capacity
• Negative Sentiment: Bank of America maintains an underperform rating on SGML, underscoring persistent analyst skepticism and reminding investors of the company’s negative margins, leverage and execution risks. MSN: BofA Rating

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of SGML. Goldman Sachs Group Inc. raised its stake in Sigma Lithium by 9.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 113,299 shares of the company’s stock worth $1,178,000 after acquiring an additional 9,748 shares in the last quarter. Aberdeen Group plc purchased a new stake in shares of Sigma Lithium in the 2nd quarter valued at about $187,000. Credit Industriel ET Commercial boosted its position in shares of Sigma Lithium by 177.8% in the 2nd quarter. Credit Industriel ET Commercial now owns 250,000 shares of the company’s stock valued at $1,125,000 after purchasing an additional 160,000 shares during the period. Levin Capital Strategies L.P. grew its stake in Sigma Lithium by 125.0% during the 2nd quarter. Levin Capital Strategies L.P. now owns 22,500 shares of the company’s stock worth $101,000 after buying an additional 12,500 shares during the last quarter. Finally, Malaga Cove Capital LLC acquired a new position in Sigma Lithium during the second quarter worth approximately $52,000. Institutional investors and hedge funds own 64.86% of the company’s stock.

Sigma Lithium Stock Performance

The company has a debt-to-equity ratio of 1.38, a current ratio of 0.49 and a quick ratio of 0.32. The company has a market cap of $1.64 billion and a PE ratio of -47.55. The stock has a 50 day simple moving average of $12.21 and a two-hundred day simple moving average of $8.27.

Sigma Lithium (NASDAQ:SGML) last released its quarterly earnings results on Friday, November 14th. The company reported ($0.10) EPS for the quarter, meeting the consensus estimate of ($0.10). Sigma Lithium had a negative net margin of 24.13% and a negative return on equity of 35.97%. The firm had revenue of $28.55 million during the quarter, compared to the consensus estimate of $70.54 million. Equities analysts predict that Sigma Lithium Corporation will post -0.12 EPS for the current year.

Sigma Lithium Company Profile

Sigma Lithium Corp. is a Canada-based mineral exploration and development company focused on the sustainable production of battery-grade lithium from hard rock deposits. The company’s flagship asset is the Grota do Cirilo lithium project, located in the state of Minas Gerais, Brazil. Grota do Cirilo comprises a fully permitted, low-altitude spodumene mine and processing plant designed to produce high-purity lithium concentrate and downstream lithium hydroxide for the global electric vehicle and energy storage markets.

Since its founding in 2018, Sigma Lithium has pursued a vertically integrated approach, overseeing each stage of production from ore extraction and beneficiation to chemical conversion.