What is Cormark’s Estimate for Sigma Lithium Q4 Earnings?

Sigma Lithium Co. (NASDAQ:SGML) – Cormark dropped their Q4 2024 earnings per share (EPS) estimates for Sigma Lithium in a research report issued to clients and investors on Monday, November 18th. Cormark analyst M. Whale now expects that the company will earn $0.10 per share for the quarter, down from their previous forecast of $0.14. The consensus estimate for Sigma Lithium’s current full-year earnings is $0.05 per share. Cormark also issued estimates for Sigma Lithium’s Q3 2025 earnings at $0.24 EPS, Q4 2025 earnings at $0.37 EPS and FY2025 earnings at $0.98 EPS.

Separately, BMO Capital Markets reduced their price objective on shares of Sigma Lithium from $25.00 to $20.00 and set an “outperform” rating for the company in a research note on Monday, August 19th.

Sigma Lithium Stock Up 4.2 %

Shares of Sigma Lithium stock opened at $14.46 on Wednesday. The company has a 50-day moving average of $13.04 and a 200 day moving average of $12.76. The firm has a market cap of $1.61 billion, a price-to-earnings ratio of -29.29 and a beta of 0.16. Sigma Lithium has a 1 year low of $8.47 and a 1 year high of $34.31. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.05 and a quick ratio of 0.96.

Institutional Investors Weigh In On Sigma Lithium

Hedge funds and other institutional investors have recently made changes to their positions in the business. Fourth Sail Capital LP lifted its position in shares of Sigma Lithium by 1,572.2% during the 2nd 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. Appian Way Asset Management LP increased its position in Sigma Lithium by 57.2% in the third quarter. Appian Way Asset Management LP now owns 4,092,401 shares of the company’s stock worth $50,582,000 after purchasing an additional 1,488,265 shares during the last quarter. Bridgewater Associates LP bought a new position in shares of Sigma Lithium in the 3rd quarter valued at about $4,584,000. The Manufacturers Life Insurance Company lifted its position in Sigma Lithium by 848.2% in the third quarter. The Manufacturers Life Insurance Company now owns 354,625 shares of the company’s stock worth $4,388,000 after buying an additional 317,225 shares during the last quarter. Finally, Millennium Management LLC lifted its stake in Sigma Lithium by 16.9% in the second quarter. Millennium Management LLC now owns 1,243,579 shares of the company’s stock worth $14,960,000 after purchasing an additional 179,355 shares during the last quarter. Hedge funds and other institutional investors own 64.86% of the company’s stock.

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.