Should I buy or sell Sigma Lithium stock right now?

2 Wall Street equities 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 equities 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 target for 2024?

2 brokerages have issued 12 month target prices for Sigma Lithium's shares. Their SGML share price targets range from $24.00 to $42.00. On average, they predict the company's share price to reach $35.33 in the next year. This suggests a possible upside of 24.6% 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 on January 1st, 2023. Since then, SGML stock has increased by 0.5% and is now trading at $28.35. 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 Monday, June 10th 2024. View our SGML earnings forecast .

How were Sigma Lithium's earnings last quarter?

Sigma Lithium Co. (NASDAQ:SGML) announced its earnings results on Thursday, August, 31st. The company reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.20) by $0.12.

Who are Sigma Lithium's major shareholders?

Sigma Lithium's stock is owned by a variety of retail and institutional investors. Top institutional investors include Nucleo Capital LTDA. (2.55%), Van ECK Associates Corp (0.81%), Bank Julius Baer & Co. Ltd Zurich (0.59%), Mirae Asset Global Investments Co. Ltd. (0.53%), Principal Financial Group Inc. (0.27%) and Group One Trading L.P. (0.00%).

Sigma Lithium Stock Price, News & Analysis (NASDAQ:SGML)

$28.35

-1.15 (-3.90%)

(As of 11/27/2023 ET)

Compare

Today's Range: $28.20
▼
$29.42
50-Day Range: $21.77
▼
$38.45
52-Week Range: $21.20
▼
$43.18

Volume: 822,300 shs
Average Volume: 1.19 million shs
Market Capitalization: $3.10 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $35.33

Sigma Lithium MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 24.6% Upside
$35.33 Price Target
Short Interest: Bearish
8.64% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.80
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 154.19%
From $3.10 to $7.88 Per Share

Overall MarketRank^™

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

1.68 out of 5 stars

Basic Materials Sector

134th out of 165 stocks

Other Industrial Metals & Mining Industry

1st out of 1 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 $35.33, Sigma Lithium has a forecasted upside of 24.6% from its current price of $28.35.
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
8.64% 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 7.5.
Change versus previous month
Short interest in Sigma Lithium has recently increased by 6.81%, 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.

1.2

News and Social Media Coverage

News Sentiment
Sigma Lithium has a news sentiment score of -0.80. 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 is a lower news sentiment than the 0.37 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Sigma Lithium this week, compared to 2 articles on an average week.
Search Interest
Only 12 people have searched for SGML on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
12 people have added Sigma Lithium to their MarketBeat watchlist in the last 30 days. This is an increase of 71% 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 154.19% in the coming year, from $3.10 to $7.88 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sigma Lithium is -38.84, 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 -38.84, 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 21.00. 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 Stock (NASDAQ:SGML)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SGML Stock News Headlines

November 26, 2023 | americanbankingnews.com

Sigma Lithium (NASDAQ:SGML) Trading Up 4.6%

November 25, 2023 | americanbankingnews.com

Sigma Lithium (NASDAQ:SGML) Price Target Cut to $40.00 by Analysts at BMO Capital Markets

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November 24, 2023 | americanbankingnews.com

Cormark Brokers Cut Earnings Estimates for Sigma Lithium Co. (NASDAQ:SGML)

November 22, 2023 | msn.com

Exclusive: Sigma Lithium's former co-CEO fired for trading in blackout period

November 19, 2023 | americanbankingnews.com

Sigma Lithium (NASDAQ:SGML) Trading Up 4%

November 14, 2023 | finance.yahoo.com

SIGMA LITHIUM REPORTS 3Q 2023 RESULTS; POSTING 37% NET PROFIT MARGIN IN ITS FIRST OPERATIONAL QUARTER

November 12, 2023 | www.nytimes.com

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November 9, 2023 | finance.yahoo.com

Canadian Palladium Announces Agreement to Acquire Mineral Properties in East Brazilian 'Lithium Belt

November 8, 2023 | markets.businessinsider.com

3 Lithium Stocks That Are Undervalued and Set to Outperform

November 8, 2023 | finance.yahoo.com

SIGMA LITHIUM TO RELEASE 3Q 2023 RESULTS ON NOVEMBER 14, 2023; CEO TO BE FEATURED IN FIRESIDE CHAT AT GOLDMAN SACHS GLOBAL METALS CONFERENCE ON NOVEMBER 15, 2023

November 5, 2023 | morningstar.com

Sigma Lithium Corp SGML

November 1, 2023 | proactiveinvestors.com

Sigma Lithium to wrap up strategic review by end of 2023

November 1, 2023 | proactiveinvestors.com

Sigma Lithium to wrap up strategic review by the end of 2023

October 31, 2023 | finance.yahoo.com

SIGMA LITHIUM RECEIVES FROM GLENCORE A 50% PREPAYMENT AT PREMIUM PRICES FOR ITS THIRD SHIPMENT OF 20,000 TONNES

October 14, 2023 | tmcnet.com

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Sigma Lithium Corporation (SGML) on Behalf of Investors

October 3, 2023 | seekingalpha.com

Sigma Lithium: Green Energy Darling

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

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

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

See More Headlines

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Company Calendar

Last Earnings: 8/31/2023
Today: 11/27/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 6/10/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Other Industrial Metals & Mining
Sub-Industry: N/A
Sector: Basic Materials
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 Target: $35.33
High Stock Price Target: $42.00
Low Stock Price Target: $24.00
Potential Upside/Downside: +24.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.73)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 9.15
P/E Growth: N/A
Net Income: $-97,850,000.00
Net Margins: N/A
Pretax Margin: -79.84%
Return on Equity: -51.57%
Return on Assets: -25.78%

Debt

Debt-to-Equity Ratio: 0.02
Current Ratio: 1.54
Quick Ratio: 1.32

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: 21.00

Miscellaneous

Outstanding Shares: 109,480,000
Free Float: 56,275,000
Market Cap: $3.10 billion
Optionable: Not Optionable
Beta: 0.44

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Key Executives

Ms. Ana Cabral-Gardner (Age 53)
Co-Chairperson & CEO
Comp: $167.99k
Mr. Caio Araujo
Chief Financial Officer
James Neal-Ellis
Vice President of Corporate Development & Investor Relations
Ms. Paula Lacava
Chief Legal Officer
Mr. Daniel Abdo
Chief Communications Office
Mr. Jamie Flegg
Chief Development Officer
Mr. Raphael Dias
Chief Controls Officer
Ms. Fadwa Andrade
Director of Sustainability
Mr. Iran Zan
Co-GM and Director of Geology & Regional Institutional Relations
Mr. Matthew Porter DeYoe C.F.A.
Executive Vice President for Corporate Affairs & Strategic Development

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SGML Stock Analysis - Frequently Asked Questions

Should I buy or sell Sigma Lithium stock right now?: 2 Wall Street equities 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 equities 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 target for 2024?: 2 brokerages have issued 12 month target prices for Sigma Lithium's shares. Their SGML share price targets range from $24.00 to $42.00. On average, they predict the company's share price to reach $35.33 in the next year. This suggests a possible upside of 24.6% 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 on January 1st, 2023. Since then, SGML stock has increased by 0.5% and is now trading at $28.35.
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 Monday, June 10th 2024.
View our SGML earnings forecast.

How were Sigma Lithium's earnings last quarter?: Sigma Lithium Co. (NASDAQ:SGML) announced its earnings results on Thursday, August, 31st. The company reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.20) by $0.12.
Who are Sigma Lithium's major shareholders?: Sigma Lithium's stock is owned by a variety of retail and institutional investors. Top institutional investors include Nucleo Capital LTDA. (2.55%), Van ECK Associates Corp (0.81%), Bank Julius Baer & Co. Ltd Zurich (0.59%), Mirae Asset Global Investments Co. Ltd. (0.53%), Principal Financial Group Inc. (0.27%) and Group One Trading L.P. (0.00%).
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.

This page (NASDAQ:SGML) was last updated on 11/28/2023 by MarketBeat.com Staff

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