Sigma Lithium Corporation (NASDAQ: SGML) – Analyst View Is Different Today


In the last trading session, 1.25 million shares of the Sigma Lithium Corporation (NASDAQ:SGML) were traded. Most recently the company’s share price was $14.46, and it changed around $0.35 or 2.48% from the last close, which brings the market valuation of the company to $1.58B. SGML currently trades at a discount to its 52-week high of $43.18, offering almost -198.62% off that amount. The share price’s 52-week low was $10.46, which indicates that the current value has risen by an impressive 27.66% since then. We note from Sigma Lithium Corporation’s average daily trading volume that its 10-day average is 1.3 million shares, with the 3-month average coming to 1.46 million.

Sigma Lithium Corporation (NASDAQ:SGML) trade information

Instantly SGML has showed a green trend with a performance of 2.48% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -54.14% year-to-date, but still up 22.03% over the last five days. On the other hand, Sigma Lithium Corporation (NASDAQ:SGML) is -9.23% down in the 30-day period. We can see from the shorts that 10.4 million shares have been sold at a short interest cover period of 7.18 day(s).

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 72.13%.

SGML Dividends

Sigma Lithium Corporation’s next quarterly earnings report is expected to be released around June 10 and June 14.

Sigma Lithium Corporation (NASDAQ:SGML)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 7.09% of Sigma Lithium Corporation shares, and 74.55% of them are in the hands of institutional investors. The stock currently has a share float of 80.25%. Sigma Lithium Corporation stock is held by 161 institutions, with Nucleo Capital Ltda. being the largest institutional investor. By Jun 29, 2023, it held 2.31% of the shares, which is about 2.53 million shares worth $101.96 million.

Frontier Capital Management Company LLC, with 1.41% or 1.54 million shares worth $62.15 million as of Jun 29, 2023, holds the second largest percentage of outstanding shares.

VanEck ETF Trust-VanEck Rare Earth/Strategic Metals ETF and Global X Fds-Global X Lithium & Battery Tech ETF were the top two Mutual Funds as of Sep 29, 2023. The former held 0.71 million shares worth $23.12 million, making up 0.65% of all outstanding shares. On the other hand, Global X Fds-Global X Lithium & Battery Tech ETF held roughly 0.57 million shares worth around $18.56 million, which represents about 0.52% of the total shares outstanding.