SGML Stock Summary and Trading Ideas (Sigma Lithium - Common Shares | NASDAQ:SGML)

Sigma Lithium Corp is dedicated to powering the next generation of electric vehicle batteries with environmentally sustainable and high-purity lithium. The company is in construction at its wholly owned Grota do Cirilo Project in Brazil, one of the highest-grade hard rock lithium spodumene deposits in the Americas.

Sigma Lithium - Common Shares trades on the NASDAQ stock market under the symbol SGML.

As of January 30, 2025, SGML stock price climbed to $10.85 with 257,034 million shares trading.

SGML has a beta of 1.24, meaning it tends to be more sensitive to market movements. SGML has a correlation of 0.04 to the broad based SPY ETF.

SGML has a market cap of $1.21 billion. This is considered a Small Cap stock.

Last quarter Sigma Lithium - Common Shares reported $21 million in Revenue and -$.23 earnings per share. This fell short of revenue expectation by $-52 million and missed earnings estimates by -$.30.

In the last 3 years, SGML traded as high as $43.18 and as low as $8.47.

The top ETF exchange traded funds that SGML belongs to (by Net Assets): REMX, IEMG, LIT, PBW, EWZS.

SGML has underperformed the market in the last year with a price return of -51.6% while the SPY ETF gained +24.6%. SGML has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -25.7% and -10.8%, respectively, while the SPY returned +4.3% and +2.1%, respectively.

SGML support price is $10.37 and resistance is $11.16 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SGML shares will trade within this expected range on the day.