Sigma Lithium (SGML) to Release Earnings on Monday

Sigma Lithium (NASDAQ:SGML - Get Free Report) is projected to announce 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 Price Performance

NASDAQ SGML traded up $0.02 during mid-day trading on Thursday, hitting $11.54. The stock had a trading volume of 271,214 shares, compared to its average volume of 753,067. Sigma Lithium has a twelve month low of $8.47 and a twelve month high of $19.20. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.84 and a quick ratio of 0.72. The firm's 50 day moving average is $11.37 and its 200 day moving average is $12.20. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of -24.04 and a beta of 0.21.

Analyst Upgrades and Downgrades

Separately, Bank of America lowered their price target 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.

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.