In the last trading session, 1.86 million shares of the Sigma Lithium Corporation (NASDAQ:SGML) were traded, and its beta was 0.13. Most recently the company’s share price was $5.09, and it changed around $0.07 or 1.39% from the last close, which brings the market valuation of the company to $566.42M. SGML currently trades at a discount to its 52-week high of $15.56, offering almost -205.7% off that amount. The share price’s 52-week low was $4.52, which indicates that the current value has risen by an impressive 11.2% since then. We note from Sigma Lithium Corporation’s average daily trading volume that its 10-day average is 1.72 million shares, with the 3-month average coming to 1.19 million.
Sigma Lithium Corporation stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 0 recommended SGML as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Sigma Lithium Corporation is expected to report earnings per share of -0.07 for the current quarter.
Sigma Lithium Corporation (NASDAQ:SGML) trade information
Instantly SGML has showed a green trend with a performance of 1.39% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 5.93 on recent trading dayincreased the stock’s daily price by 14.17%. The company’s shares are currently down -54.63% year-to-date, but still down -8.62% over the last five days. On the other hand, Sigma Lithium Corporation (NASDAQ:SGML) is -26.34% down in the 30-day period. We can see from the shorts that 11.25 million shares have been sold at a short interest cover period of 7.51 day(s).
Sigma Lithium Corporation (SGML) estimates and forecasts
The year-over-year growth rate is expected to be 27.14%, up from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 56.88M in revenue for the current quarter. 2 analysts expect Sigma Lithium Corporation to make 63.09M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 62.86M and 59.89M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -9.51%. Forecasts for the next quarter put sales growth at 5.35%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -52.40%.
SGML Dividends
Sigma Lithium Corporation’s next quarterly earnings report is expected to be released in July.
Sigma Lithium Corporation (NASDAQ:SGML)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 4.58% of Sigma Lithium Corporation shares, and 83.34% of them are in the hands of institutional investors. The stock currently has a share float of 87.35%. Sigma Lithium Corporation stock is held by 150.0 institutions, with NUCLEO CAPITAL LTDA. being the largest institutional investor. By 2024-06-30, it held 3.1821% of the shares, which is about 3.52 million shares worth $42.31 million.
FOURTH SAIL CAPITAL LP, with 2.8362% or 3.13 million shares worth $37.71 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
