Sigma Lithium Co. (NASDAQ:SGML - Get Free Report)'s stock price rose 8.9% during mid-day trading on Thursday . The company traded as high as $12.24 and last traded at $12.22. Approximately 416,754 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 976,321 shares. The stock had previously closed at $11.22.
Sigma Lithium Stock Up 9.6 %
The firm's fifty day moving average is $12.82 and its 200-day moving average is $12.02. The company has a market capitalization of $1.37 billion, a P/E ratio of -25.62 and a beta of 0.15. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.72 and a current ratio of 0.84.
Institutional Investors Weigh In On Sigma Lithium
Institutional investors have recently bought and sold shares of the stock. Point72 DIFC Ltd purchased a new position in shares of Sigma Lithium during the 2nd quarter valued at about $48,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Sigma Lithium in the second quarter worth $107,000. Public Employees Retirement System of Ohio bought a new stake in shares of Sigma Lithium in the 3rd quarter worth approximately $122,000. Y Intercept Hong Kong Ltd purchased a new stake in Sigma Lithium during the 3rd quarter valued at about $299,000. Finally, Tidal Investments LLC raised its stake in shares of Sigma Lithium by 43.4% in the third quarter. Tidal Investments LLC now owns 63,422 shares of the company's stock worth $784,000 after purchasing an additional 19,193 shares during the last quarter. Institutional investors own 64.86% of the company's stock.
About Sigma Lithium
(
Get Free Report)
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.
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