In the latest trading session,, 0.43 million Sigma Lithium Corporation (NASDAQ:SGML) shares changed hands as the company’s beta touched 0. With the company’s most recent per share price at $14.65 changing hands around $1.06 or 7.79% at last look, the market valuation stands at $2.28B. SGML’s current price is a discount, trading about -134.2% off its 52-week high of $34.31. The share price had its 52-week low at $8.47, which suggests the last value was 42.18% up since then. When we look at Sigma Lithium Corporation’s average trading volume, we note the 10-day average is 0.65 million shares, with the 3-month average coming to 860.77K.
Analysts gave the Sigma Lithium Corporation (SGML) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.20. If we narrow down to specifics, the data shows that 1 out of 15 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended SGML as a Hold, 9 felt it is a Buy and 0 rated the stock as Underweight. Sigma Lithium Corporation’s EPS for the current quarter is expected to be 0.09.
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
Sponsored
Sigma Lithium Corporation (NASDAQ:SGML) trade information
Instantly SGML is in green as seen in intraday trades today. With action 10.73%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -53.54%, with the 5-day performance at 10.73% in the green. However, in the 30-day time frame, Sigma Lithium Corporation (NASDAQ:SGML) is 12.43% up. Looking at the short shares, we see there were 10.0 million shares sold at short interest cover period of 12.31 days.
Sigma Lithium Corporation (SGML) estimates and forecasts
Data shows that the Sigma Lithium Corporation share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -14.08% over the past 6 months, a 119.23% in annual growth rate that is considerably higher than the industry average of 6.10%. Year-over-year growth is forecast to reach 44.90% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 72.78M. 3 analysts are of the opinion that Sigma Lithium Corporation’s revenue for the current quarter will be 75.34M. The estimates for the next quarter sales put growth at 46.80%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -8.01%. The 2024 estimates are for Sigma Lithium Corporation earnings to increase by 83.52%.
SGML Dividends
Sigma Lithium Corporation is expected to release its next quarterly earnings report on 2024-Nov-13.
Sigma Lithium Corporation (NASDAQ:SGML)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 4.43% of Sigma Lithium Corporation shares while 79.27% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 82.94%. There are 79.27% institutions holding the Sigma Lithium Corporation stock share, with NUCLEO CAPITAL LTDA. the top institutional holder. As of 2024-06-30, the company held 3.1841% of the shares, roughly 3.52 million SGML shares worth $42.31 million.
FOURTH SAIL CAPITAL LP holds the second largest percentage of outstanding shares, with 2.8379% or 3.13 million shares worth $37.71 million as of 2024-06-30.
