Sigma Lithium (SGML) to Release Earnings on Monday

Sigma Lithium (NASDAQ:SGML) will likely be releasing its earnings data after the market closes on Monday, March 31st. Analysts expect Sigma Lithium to post earnings of $0.04 per share and revenue of $71.77 million for the quarter.

Sigma Lithium Trading Down 0.3 %

NASDAQ:SGML opened at $11.50 on Friday. The company has a market cap of $1.28 billion, a PE ratio of -23.96 and a beta of 0.21. Sigma Lithium has a 52 week low of $8.47 and a 52 week high of $19.20. The company has a quick ratio of 0.72, a current ratio of 0.84 and a debt-to-equity ratio of 0.02. The business’s 50 day moving average is $11.35 and its two-hundred day moving average is $12.23.

Analysts Set New Price Targets

Separately, Bank of America lowered their price objective on shares of Sigma Lithium from $25.00 to $16.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th.

About Sigma Lithium

Sigma Lithium Corporation engages in the exploration and development of lithium deposits in Brazil. It holds a 100% interest in the Grota do Cirilo, Genipapo, Santa Clara, and São José properties comprising 29 mineral rights covering an area of approximately 185 square kilometers located in the Araçuaí and Itinga regions of the state of Minas Gerais, Brazil.