Sigma Lithium (SGML) to Release Quarterly Earnings on Wednesday

Sigma Lithium (NASDAQ:SGML - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data after the market closes on Wednesday, May 14th. Analysts expect Sigma Lithium to post earnings of $0.01 per share and revenue of $73.86 million for the quarter.

Sigma Lithium (NASDAQ:SGML - Get Free Report) last posted its quarterly earnings results on Monday, March 31st. The company reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of $0.06 by ($0.14). The company had revenue of $46.70 million during the quarter, compared to analyst estimates of $71.77 million. Sigma Lithium had a negative return on equity of 38.04% and a negative net margin of 36.85%. On average, analysts expect Sigma Lithium to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Sigma Lithium Stock Up 3.9%

Shares of NASDAQ SGML traded up $0.29 during mid-day trading on Monday, reaching $7.54. 850,785 shares of the company's stock traded hands, compared to its average volume of 761,829. The stock has a market cap of $838.49 million, a P/E ratio of -15.70 and a beta of 0.30. The business has a 50-day simple moving average of $9.32 and a 200 day simple moving average of $11.20. Sigma Lithium has a 1-year low of $6.76 and a 1-year high of $19.20. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.84 and a quick ratio of 0.72.

Analyst Ratings Changes

Separately, Bank of America reduced their price objective on shares of Sigma Lithium from $25.00 to $16.00 and set a "buy" rating for the company in a report on Tuesday, January 14th.

About Sigma Lithium

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.