Sigma Lithium Corporation (NASDAQ:SGML) currently has a daily average trading volume of 936.72K but it saw 2050996 shares traded in last market. With a market cap of 664.45M USD, the company’s current market price of $5.94 came rising about 8.20 while comparing to the previous closing price of $5.49. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.30 and as low as $5.41.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BofA Securities which resumed the stock as “Buy” in its note to investors issued on December 06, 2023, recommending a price target of $37 for it.
Over the week, SGML’s stock price is moving -14.04% down while it is -24.81% when we observe its performance for the past one month. Year-to-date it is -47.06% down and over the past year, the stock is showing a downside performance of -66.50%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of -0.02 while estimate for next year EPS is 0.02. In next quarter, company is expected to be making quarterly sales of $65.15M as analysts are expecting the sales for current fiscal year at $244.37M and seeing the company making $498.1M in sales next year. Moreover, analysts are in estimates of $61.71M for current-quarter revenue.
Currently, Sigma Lithium Corporation’s total number of outstanding shares is 111.28M with 4.55% of that held by the insiders while 83.52% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -17.97% and return on equity (ROE) at -30.69%. It has a 11.03 of forward P/E ratio. Stock has a price to book (P/B) ratio of 6.23 while price to sale or P/S ratio amounts to 3.58. Its return on asset (ROA) is -10.17% on average.
