Sigma Lithium (SGML) Expected to Announce Earnings on Wednesday

Sigma Lithium (NASDAQ:SGML - Get Free Report) is expected to release its Q1 2025 earnings data before the market opens on Wednesday, May 14th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $73.86 million for the quarter.

Sigma Lithium (NASDAQ:SGML - Get Free Report) last released its quarterly earnings results on Monday, March 31st. The company reported ($0.08) earnings per share for the quarter, missing analysts' consensus estimates of $0.06 by ($0.14). Sigma Lithium had a negative return on equity of 38.04% and a negative net margin of 36.85%. The company had revenue of $46.70 million during the quarter, compared to analyst estimates of $71.77 million. 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 Price Performance

SGML stock opened at $7.35 on Wednesday. The stock has a 50-day simple moving average of $9.56 and a 200-day simple moving average of $11.36. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.72 and a current ratio of 0.84. The firm has a market cap of $817.91 million, a P/E ratio of -15.31 and a beta of 0.30. Sigma Lithium has a 1 year low of $6.76 and a 1 year high of $19.20.

Analysts Set New Price Targets

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

Sigma Lithium Company Profile

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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