In today’s recent session, 0.59 million shares of the Sigma Lithium Corporation (NASDAQ:SGML) were traded. Most recently the company’s share price was $14.58, and it changed around $1.38 or 10.45% from the last close, which brings the market valuation of the company to $1.62B. SGML at last check was trading at a discount to its 52-week high of $34.31, offering almost -135.32% off that amount. The share price’s 52-week low was $8.47, which indicates that the recent value has risen by an impressive 41.91% since then. We note from Sigma Lithium Corporation’s average daily trading volume that its 10-day average is 0.81 million shares, with the 3-month average coming to 850.97K.

Sigma Lithium Corporation (NASDAQ:SGML) trade information

Instantly SGML has been showing a green trend so far today with a performance of 10.45% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 14.19 on recent trading daydecreased the stock’s daily price by -2.75%. The company’s shares are currently down -53.76% year-to-date, but still up 11.04% over the last five days. On the other hand, Sigma Lithium Corporation (NASDAQ:SGML) is 54.94% up in the 30-day period. We can see from the shorts that 11.65 million shares have been sold at a short interest cover period of 11.23 day(s).

Sigma Lithium Corporation (SGML) estimates and forecasts

Sigma Lithium Corporation share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -6.00 percent over the past six months and at a 100.00% annual growth rate that is well above the industry average of 7.70%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -77.80% in revenue this quarter, and will report an increase of 183.30% in the next quarter. The year-over-year growth rate is expected to be 43.80%, up from the previous year.

Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 71.91M in revenue for the current quarter. 3 analysts expect Sigma Lithium Corporation to make 74.68M in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 45.60%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -8.01%.

SGML Dividends

Sigma Lithium Corporation’s next quarterly earnings report is expected to be released on 2024-Nov-12.

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

Upon looking at major shareholders, it appears that insiders hold 4.44% of Sigma Lithium Corporation shares, and 82.48% of them are in the hands of institutional investors. The stock currently has a share float of 86.32%. Sigma Lithium Corporation stock is held by 148.0 institutions, with NUCLEO CAPITAL LTDA. being the largest institutional investor. By 2024-06-30, it held 3.1841% of the shares, which is about 3.52 million shares worth $42.31 million.

FOURTH SAIL CAPITAL LP, with 2.8379% or 3.13 million shares worth $37.71 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

VanEck ETF Trust-VanEck Rare Earth/Strategic Metals ETF and Fidelity Global Commodity Stock Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 859.57 shares worth $12.2 million, making up 0.78% of all outstanding shares. On the other hand, Fidelity Global Commodity Stock Fund held roughly 509.6 shares worth around $7.23 million, which represents about 0.46% of the total shares outstanding.