NASDAQ:SGML

Sigma Lithium (SGML) Stock Forecast, Price & News

$32.44

+0.35 (+1.09%)

(As of 09/29/2023 ET)

Compare

Today's Range: $31.88
▼
$33.10
50-Day Range: $29.99
▼
$39.14
52-Week Range: $24.07
▼
$43.18

Volume: 1.75 million shs
Average Volume: 947,651 shs
Market Capitalization: $3.55 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $38.00

Sigma Lithium MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 17.1% Upside
$38.00 Price Target
Short Interest: Bearish
5.08% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.70
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 177.41%
From $3.32 to $9.21 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.90 out of 5 stars

Computer And Technology Sector

465th out of 606 stocks

Metal Mining Industry

14th out of 19 stocks

2.5

Analyst's Opinion

Consensus Rating
Sigma Lithium has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $38.00, Sigma Lithium has a forecasted upside of 17.1% from its current price of $32.44.
Amount of Analyst Coverage
Sigma Lithium has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
5.08% of the float of Sigma Lithium has been sold short.
Short Interest Ratio / Days to Cover
Sigma Lithium has a short interest ratio ("days to cover") of 6.6.
Change versus previous month
Short interest in Sigma Lithium has recently increased by 15.48%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Sigma Lithium does not currently pay a dividend.
Dividend Growth
Sigma Lithium does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SGML.

3.2

News and Social Media Coverage

News Sentiment
Sigma Lithium has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Sigma Lithium this week, compared to 2 articles on an average week.
Search Interest
28 people have searched for SGML on MarketBeat in the last 30 days. This is an increase of 87% compared to the previous 30 days.
MarketBeat Follows
18 people have added Sigma Lithium to their MarketBeat watchlist in the last 30 days. This is an increase of 125% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sigma Lithium insiders have not sold or bought any company stock.
Percentage Held by Insiders
48.60% of the stock of Sigma Lithium is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 19.26% of the stock of Sigma Lithium is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Sigma Lithium are expected to grow by 177.41% in the coming year, from $3.32 to $9.21 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sigma Lithium is -27.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sigma Lithium is -27.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Sigma Lithium has a P/B Ratio of 24.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Sigma Lithium (NASDAQ:SGML) Stock

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. It serves electric vehicle industries worldwide. The company was formerly known as Sigma Lithium Resources Corporation and changed its name to Sigma Lithium Corporation in July 2021. The company is headquartered in São Paulo, Brazil.

SGML Price History

30 days | 90 days | 365 days | Advanced Chart

SGML Stock News Headlines

September 29, 2023 | reuters.com

Sigma Lithium questions reporting on Brazil mineral rights 'injunction'

September 29, 2023 | proactiveinvestors.com

Sigma Lithium firmly rejects media reports on exploration sub-plot transfer; expansion plans unaffected

October 1, 2023 | Behind the Markets (Ad)

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September 29, 2023 | msn.com

Sigma Lithium refutes 'inaccurate' media reports of Brazil mining halt

September 29, 2023 | finance.yahoo.com

SIGMA LITHIUM RESPONDS TO INACCURATE MEDIA REPORTS; CATEGORICALLY AFFIRMS PHASE 2 & 3 EXPANSION PLANS ARE PROCEEDING AS PLANNED; STRATEGIC PROCESS SUCCESSFULLY CONTINUES

September 21, 2023 | theglobeandmail.com

Miner Sigma Lithium signs supply deal with Glencore

September 19, 2023 | msn.com

Resources Top 5: Alderan kicks hard into Brazil’s ‘Lithium Valley’, OzAurum raises $2.4m

September 15, 2023 | proactiveinvestors.com

Sigma Lithium announces strategic review after proposals from leading global companies

October 1, 2023 | Behind the Markets (Ad)

Jeff Bezos Backs "Drug Smuggler" to Fight Alzheimer's

September 15, 2023 | financialpost.com

Sigma Lithium surges 15% after attracting strategic proposals

September 13, 2023 | proactiveinvestors.com

Sigma Lithium shares rise on announcement of strategic review after proposals from leading global companies

September 6, 2023 | finance.yahoo.com

Is the Options Market Predicting a Spike in Sigma Lithium (SGML) Stock?

September 1, 2023 | finance.yahoo.com

SIGMA LITHIUM REACHES SECOND SHIPMENT TARGET OF 15,000 TONNES OF TRIPLE ZERO GREEN LITHIUM AT PORT; CLOSES EXPORT REVOLVER CREDIT LINE WITH SANTANDER FOR US$10M; REPORTS SECOND QUARTER 2023 RESULTS

August 18, 2023 | seekingalpha.com

Sigma Lithium: Emerging Producer In A Volatile Lithium Market (Rating Downgrade)

August 15, 2023 | markets.businessinsider.com

BMO Capital Sticks to Its Buy Rating for Sigma Lithium (SGML)

August 14, 2023 | barrons.com

Sigma Lithium Corp.

July 31, 2023 | finance.yahoo.com

Sigma Lithium Corporation's (NASDAQ:SGML) biggest owners are private equity firms who got richer after stock soared 8.4% last week

July 30, 2023 | seekingalpha.com

Sigma Lithium jumps following reported M&A speculation

July 29, 2023 | theglobeandmail.com

Closing Bell: Sigma Lithium Corp up on Friday (SGML)

July 25, 2023 | markets.businessinsider.com

7 Lithium Stocks to Buy to Turn $5,000 into $1 Million

July 4, 2023 | finance.yahoo.com

Sigma Lithium Corporation (NASDAQ:SGML) Shares Could Be 20% Above Their Intrinsic Value Estimate

June 21, 2023 | finance.yahoo.com

SIGMA LITHIUM TO PRESENT AT J.P. MORGAN ENERGY, POWER & RENEWABLES CONFERENCE

June 21, 2023 | seekingalpha.com

Sigma Lithium: Risk-Reward Profile Improved Significantly Despite Strong Rally

June 19, 2023 | seekingalpha.com

Sigma Lithium And Lithium Royalty: 2 Distinct Lithium Plays For Electric Vehicle Bulls

June 19, 2023 | markets.businessinsider.com

How to Retire Rich: Lithium Stocks Edition

June 16, 2023 | markets.businessinsider.com

Bank of America Securities Sticks to Its Buy Rating for Sigma Lithium (SGML)

June 15, 2023 | seekingalpha.com

Sigma Lithium: A Sparkling Gem In The Lithium Market, With Unearthed Potential

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SGML Company Calendar

Last Earnings: 8/31/2023
Today: 9/30/2023
Next Earnings (Estimated): 11/16/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Metal mining
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:SGML
CUSIP: N/A
CIK: 1848309
Web: www.sigmalithiumresources.com
Phone: 551129850089
Fax: N/A
Employees: 165
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $38.00
High Stock Price Forecast: $48.00
Low Stock Price Forecast: $24.00
Forecasted Upside/Downside: +17.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.17)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 9.77
P/E Growth: N/A
Net Income: $-97,850,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -87.13%
Return on Assets: -50.34%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 1.16
Quick Ratio: 0.85

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.35 per share
Price / Book: 24.03

Miscellaneous

Outstanding Shares: 109,390,000
Free Float: 56,226,000
Market Cap: $3.55 billion
Optionable: Not Optionable
Beta: 0.36

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Key Executives

Ms. Ana Cabral-Gardner (Age 53)
Co-Chairperson & CEO
Comp: $167.82k

Mr. Caio Araujo
Chief Financial Officer

Mr. Brian Colin Talbot B.Sc.
Chief Operating Officer

James Neal-Ellis
VP of Corp. Devel. & Investor Relations

Mr. Rodrigo Roso
Chief Legal Officer

Ms. Maria Jose Gazzi Salum
Chief Sustainability Officer

Jamie Flegg
Chief Devel. Officer

Reinaldo Brandao Gomes
Head of Mining Operations

Mr. Raphael Dias
Chief Controls Officer

Ms. Jo-Anne Archibald B.Sc.
Fcis, Icd.D, Mba, Corp. Sec.

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SGML Stock - Frequently Asked Questions

Should I buy or sell Sigma Lithium stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sigma Lithium in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SGML shares.
View SGML analyst ratings or view top-rated stocks.
What is Sigma Lithium's stock price forecast for 2023?: 2 equities research analysts have issued 12 month price objectives for Sigma Lithium's stock. Their SGML share price forecasts range from $24.00 to $48.00. On average, they predict the company's share price to reach $38.00 in the next year. This suggests a possible upside of 17.1% from the stock's current price.
View analysts price targets for SGML or view top-rated stocks among Wall Street analysts.
How have SGML shares performed in 2023?: Sigma Lithium's stock was trading at $28.22 at the start of the year. Since then, SGML shares have increased by 15.0% and is now trading at $32.44.
View the best growth stocks for 2023 here.
When is Sigma Lithium's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023.
View our SGML earnings forecast.
How were Sigma Lithium's earnings last quarter?: Sigma Lithium Co. (NASDAQ:SGML) posted its quarterly earnings results on Thursday, August, 31st. The company reported ($0.32) earnings per share for the quarter, missing analysts' consensus estimates of ($0.20) by $0.12.

What is Sigma Lithium's stock symbol?: Sigma Lithium trades on the NASDAQ under the ticker symbol "SGML."
How do I buy shares of Sigma Lithium?: Shares of SGML stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Sigma Lithium's stock price today?: One share of SGML stock can currently be purchased for approximately $32.44.
How much money does Sigma Lithium make?: Sigma Lithium (NASDAQ:SGML) has a market capitalization of $3.55 billion. The company earns $-97,850,000.00 in net income (profit) each year or ($1.17) on an earnings per share basis.
How many employees does Sigma Lithium have?: The company employs 165 workers across the globe.
How can I contact Sigma Lithium?: The official website for the company is www.sigmalithiumresources.com. The company can be reached via phone at 551129850089.

This page (NASDAQ:SGML) was last updated on 10/1/2023 by MarketBeat.com Staff

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