Sigma Lithium (SGML) Projected to Post Earnings on Monday

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

Sigma Lithium Stock Down 0.3 %

SGML stock opened at $11.50 on Friday. The firm has a market cap of $1.28 billion, a PE ratio of -23.96 and a beta of 0.21. Sigma Lithium has a 1 year low of $8.47 and a 1 year high of $19.20. The company has a fifty day simple moving average of $11.35 and a 200 day simple moving average of $12.23. The company has a current ratio of 0.84, a quick ratio of 0.72 and a debt-to-equity ratio of 0.02.

Wall Street Analysts Forecast Growth

Separately, Bank of America cut their price objective on Sigma Lithium from $25.00 to $16.00 and set a “buy” rating on the stock in a research note 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.