Lighthouse Investment Partners LLC raised its position in shares of Sigma Lithium Co. (NASDAQ:SGML - Free Report) by 78.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 247,576 shares of the company's stock after buying an additional 109,064 shares during the quarter. Lighthouse Investment Partners LLC owned about 0.22% of Sigma Lithium worth $2,778,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of the company. Aquatic Capital Management LLC acquired a new stake in shares of Sigma Lithium during the 4th quarter valued at approximately $27,000. U S Global Investors Inc. increased its stake in Sigma Lithium by 233.3% during the fourth quarter. U S Global Investors Inc. now owns 10,000 shares of the company's stock valued at $112,000 after purchasing an additional 7,000 shares during the last quarter. Pictet Asset Management Holding SA bought a new position in shares of Sigma Lithium in the 4th quarter worth about $142,000. Handelsbanken Fonder AB acquired a new position in shares of Sigma Lithium in the 4th quarter valued at about $160,000. Finally, BNP Paribas Financial Markets bought a new stake in shares of Sigma Lithium during the 4th quarter valued at about $185,000. Institutional investors own 64.86% of the company's stock.
Sigma Lithium Stock Performance
Shares of NASDAQ:SGML traded down $0.46 during trading on Monday, hitting $6.13. 545,305 shares of the company traded hands, compared to its average volume of 770,303. The company has a quick ratio of 0.72, a current ratio of 0.84 and a debt-to-equity ratio of 0.02. The business's fifty day moving average is $8.89 and its 200-day moving average is $10.95. The stock has a market capitalization of $681.59 million, a price-to-earnings ratio of -12.80 and a beta of 0.30. Sigma Lithium Co. has a one year low of $6.10 and a one year high of $19.20.
Sigma Lithium (NASDAQ:SGML - Get Free Report) last posted its earnings results on Monday, March 31st. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.06 by ($0.14). The firm had revenue of $46.70 million during the quarter, compared to the consensus estimate of $71.77 million. Sigma Lithium had a negative return on equity of 38.04% and a negative net margin of 36.85%. As a group, equities analysts predict that Sigma Lithium Co. will post -0.12 earnings per share for the current fiscal year.
About Sigma Lithium
(
Free Report)
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.
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