Sigma Lithium (SGML) Projected to Post Earnings on Tuesday

Sigma Lithium (NASDAQ:SGML - Get Free Report) will likely be posting its Q4 2024 quarterly earnings results before the market opens on Tuesday, April 29th. Analysts expect Sigma Lithium to post earnings of $0.06 per share 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) EPS for the quarter, missing analysts' consensus estimates of $0.06 by ($0.14). The firm had revenue of $46.70 million for the quarter, compared to analysts' expectations 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 Trading Down 0.2 %

SGML stock traded down $0.02 during mid-day trading on Friday, reaching $8.24. The company had a trading volume of 488,220 shares, compared to its average volume of 764,582. The company has a market capitalization of $916.95 million, a PE ratio of -17.17 and a beta of 0.26. The firm has a 50 day moving average of $10.07 and a 200 day moving average of $11.62. Sigma Lithium has a 12 month low of $6.76 and a 12 month 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 Sigma Lithium from $25.00 to $16.00 and set a "buy" rating on the stock 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.