148,124 Shares in Sigma Lithium Co. (NASDAQ:SGML) Bought by State Street Corp

State Street Corp bought a new stake in Sigma Lithium Co. (NASDAQ:SGML) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 148,124 shares of the company’s stock, valued at approximately $1,831,000.

A number of other large investors have also made changes to their positions in SGML. Appian Way Asset Management LP lifted its stake in shares of Sigma Lithium by 57.2% in the 3rd quarter. Appian Way Asset Management LP now owns 4,092,401 shares of the company’s stock worth $50,582,000 after purchasing an additional 1,488,265 shares during the period. Fourth Sail Capital LP increased its holdings in Sigma Lithium by 1,572.2% during the second quarter. Fourth Sail Capital LP now owns 3,134,797 shares of the company’s stock valued at $37,712,000 after buying an additional 2,947,331 shares during the last quarter. Van ECK Associates Corp boosted its stake in shares of Sigma Lithium by 3.9% during the 3rd quarter. Van ECK Associates Corp now owns 1,248,755 shares of the company’s stock worth $15,435,000 after acquiring an additional 47,143 shares during the last quarter. Millennium Management LLC boosted its stake in shares of Sigma Lithium by 16.9% during the 2nd quarter. Millennium Management LLC now owns 1,243,579 shares of the company’s stock worth $14,960,000 after acquiring an additional 179,355 shares during the last quarter. Finally, Point72 Asset Management L.P. grew its position in shares of Sigma Lithium by 18.0% during the 2nd quarter. Point72 Asset Management L.P. now owns 1,144,492 shares of the company’s stock valued at $13,768,000 after acquiring an additional 174,992 shares during the period. 64.86% of the stock is currently owned by institutional investors.

Sigma Lithium Trading Up 1.6 %

NASDAQ:SGML opened at $11.22 on Thursday. Sigma Lithium Co. has a one year low of $8.47 and a one year high of $31.85. The business has a fifty day moving average price of $12.87 and a 200-day moving average price of $12.01. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of -23.37 and a beta of 0.15. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.84 and a quick ratio of 0.72.

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.