Cormark Predicts Sigma Lithium’s Q1 Earnings (NASDAQ:SGML)

Sigma Lithium Co. (NASDAQ:SGML) – Analysts at Cormark reduced their Q1 2025 earnings estimates for Sigma Lithium in a research note issued to investors on Wednesday, April 9th. Cormark analyst S. Gill now expects that the company will earn $0.01 per share for the quarter, down from their prior estimate of $0.14. The consensus estimate for Sigma Lithium’s current full-year earnings is ($0.12) per share. Cormark also issued estimates for Sigma Lithium’s Q2 2025 earnings at ($0.04) EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.00 EPS and FY2025 earnings at ($0.02) EPS.

Sigma Lithium (NASDAQ:SGML) last announced its quarterly earnings data on Monday, March 31st. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.14). The firm had revenue of $46.70 million for the quarter, compared to analysts’ expectations of $71.77 million. Sigma Lithium had a negative return on equity of 38.04% and a negative net margin of 36.85%.

Separately, Bank of America dropped their price objective on Sigma Lithium from $25.00 to $16.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th.

Sigma Lithium Stock Performance

NASDAQ:SGML opened at $8.12 on Monday. The firm’s fifty day simple moving average is $10.75 and its 200-day simple moving average is $12.00. 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 stock has a market cap of $903.59 million, a PE ratio of -16.92 and a beta of 0.26. Sigma Lithium has a fifty-two week low of $7.05 and a fifty-two week high of $19.20.

Institutional Trading of Sigma Lithium

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. State Street Corp acquired a new position in Sigma Lithium in the third quarter valued at $1,831,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Sigma Lithium in the 3rd quarter worth about $299,000. Public Employees Retirement System of Ohio acquired a new position in shares of Sigma Lithium in the 3rd quarter valued at about $122,000. Geode Capital Management LLC grew its holdings in shares of Sigma Lithium by 8.4% during the 3rd quarter. Geode Capital Management LLC now owns 117,125 shares of the company’s stock worth $1,448,000 after purchasing an additional 9,049 shares during the period. Finally, Tidal Investments LLC increased its position in Sigma Lithium by 43.4% during the 3rd quarter. Tidal Investments LLC now owns 63,422 shares of the company’s stock worth $784,000 after purchasing an additional 19,193 shares in the last quarter. Hedge funds and other institutional investors own 64.86% of the company’s stock.

Sigma Lithium Company Profile

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.