Sigma Lithium Co. (NASDAQ:SGML) Holdings Increased by Geode Capital Management LLC

Geode Capital Management LLC increased its stake in Sigma Lithium Co. (NASDAQ:SGML) by 8.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,125 shares of the company’s stock after acquiring an additional 9,049 shares during the period. Geode Capital Management LLC owned approximately 0.11% of Sigma Lithium worth $1,448,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Appian Way Asset Management LP boosted its stake in Sigma Lithium by 57.2% during the 3rd quarter. Appian Way Asset Management LP now owns 4,092,401 shares of the company’s stock valued at $50,582,000 after purchasing an additional 1,488,265 shares in the last quarter. Fourth Sail Capital LP boosted its stake in Sigma Lithium by 1,572.2% during the second quarter. Fourth Sail Capital LP now owns 3,134,797 shares of the company’s stock valued at $37,712,000 after buying an additional 2,947,331 shares in the last quarter. Van ECK Associates Corp boosted its stake in Sigma Lithium by 3.9% during the third quarter. Van ECK Associates Corp now owns 1,248,755 shares of the company’s stock valued at $15,435,000 after buying an additional 47,143 shares in the last quarter. Millennium Management LLC grew its holdings in Sigma Lithium by 16.9% during the second quarter. Millennium Management LLC now owns 1,243,579 shares of the company’s stock worth $14,960,000 after acquiring an additional 179,355 shares during the period. Finally, Point72 Asset Management L.P. raised its position in Sigma Lithium by 18.0% in the second quarter. Point72 Asset Management L.P. now owns 1,144,492 shares of the company’s stock worth $13,768,000 after acquiring an additional 174,992 shares in the last quarter. Institutional investors and hedge funds own 64.86% of the company’s stock.

Sigma Lithium Stock Performance

NASDAQ:SGML opened at $12.44 on Friday. The company has a 50-day moving average of $12.67 and a 200-day moving average of $12.02. The firm has a market cap of $1.38 billion, a price-to-earnings ratio of -25.92 and a beta of 0.23. The company has a current ratio of 0.84, a quick ratio of 0.72 and a debt-to-equity ratio of 0.02. Sigma Lithium Co. has a twelve month low of $8.47 and a twelve month high of $28.53.

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.