Sigma Lithium Corporation (NASDAQ:SGML) At $12.68: So What?

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In last trading session, Sigma Lithium Corporation (NASDAQ:SGML) saw 0.44 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $12.68 trading at -$0.3 or -2.31% at ring of the bell on the day assigns it a market valuation of $1.96B. That closing price of SGML’s stock is at a discount of -170.58% from its 52-week high price of $34.31 and is indicating a premium of 33.2% from its 52-week low price of $8.47. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.71 million shares which gives us an average trading volume of 866.11K if we extend that period to 3-months.

For Sigma Lithium Corporation (SGML), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.20. Splitting up the data highlights that, out of 15 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 9 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.09 in the current quarter.

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Sigma Lithium Corporation (NASDAQ:SGML) trade information

Upright in the red during last session for losing -2.31%, in the last five days SGML remained trading in the red while hitting it’s week-highest on Monday, 11/04/24 when the stock touched $12.68 price level, adding 10.89% to its value on the day. Sigma Lithium Corporation’s shares saw a change of -59.78% in year-to-date performance and have moved -7.92% in past 5-day. Sigma Lithium Corporation (NASDAQ:SGML) showed a performance of -6.63% in past 30-days. Number of shares sold short was 9.83 million shares which calculate 12.59 days to cover the short interests.

Sigma Lithium Corporation (SGML) estimates and forecasts

Statistics highlight that Sigma Lithium Corporation is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -25.98% of value to its shares in past 6 months, showing an annual growth rate of 119.23% while that of industry is 6.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 44.90% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 72.78M for the same. And 3 analysts are in estimates of company making revenue of 75.34M in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -8.01% during past 5 years.

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

Insiders are in possession of 4.43% of company’s total shares while institution are holding 80.31 percent of that, with stock having share float percentage of 84.03%. Investors also watch the number of corporate investors in a company very closely, which is 80.31% institutions for Sigma Lithium Corporation that are currently holding shares of the company. NUCLEO CAPITAL LTDA. is the top institutional holder at SGML for having 3.52 million shares of worth $42.31 million. And as of 2024-06-30, it was holding 3.1841 of the company’s outstanding shares.

The second largest institutional holder is FOURTH SAIL CAPITAL LP, which was holding about 3.13 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.8379 of outstanding shares, having a total worth of $37.71 million.