Sigma Lithium (NASDAQ:SGML) Trading 6.6% Higher – Here’s What Happened

Posted by Francis Steltz on Sep 9th, 2026

Sigma Lithium Corporation (NASDAQ:SGML – Get Free Report) was up 6.6% on Wednesday . The company traded as high as $11.25 and last traded at $11.1210. 374,176 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 3,240,316 shares. The stock had previously closed at $10.43.

Analysts Set New Price Targets

Several research analysts have recently weighed in on SGML shares. Zacks Research cut Sigma Lithium from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 19th. Wall Street Zen lowered Sigma Lithium from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings lowered Sigma Lithium from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday, August 13th. Three research analysts have rated the stock with a Buy rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $18.50.

Get Our Latest Research Report on SGML

Sigma Lithium Trading Up 4.8%

The company has a market cap of $1.23 billion, a P/E ratio of -45.40 and a beta of 0.64. The business’s 50-day moving average price is $11.35 and its 200 day moving average price is $13.81. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.25 and a current ratio of 0.34.

Sigma Lithium (NASDAQ:SGML – Get Free Report) last posted its quarterly earnings results on Friday, August 14th. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.25). The business had revenue of $54.70 million during the quarter, compared to the consensus estimate of $68.34 million. Sigma Lithium had a negative net margin of 19.36% and a negative return on equity of 37.40%. As a group, analysts expect that Sigma Lithium Corporation will post 0.45 earnings per share for the current year.

Hedge Funds Weigh In On Sigma Lithium

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BTG Pactual Asset Management US LLC bought a new position in shares of Sigma Lithium in the third quarter worth $71,000. Quantbot Technologies LP acquired a new stake in Sigma Lithium during the third quarter worth about $82,000. Nebula Research & Development LLC bought a new position in Sigma Lithium in the 2nd quarter valued at about $87,000. Banque Cantonale Vaudoise raised its position in shares of Sigma Lithium by 7,339.9% in the 3rd quarter. Banque Cantonale Vaudoise now owns 15,103 shares of the company’s stock valued at $97,000 after buying an additional 14,900 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Sigma Lithium by 15.9% during the 2nd quarter. BNP Paribas Financial Markets now owns 21,897 shares of the company’s stock worth $99,000 after acquiring an additional 3,005 shares during the period. 64.86% of the stock is owned by institutional investors and hedge funds.

Sigma Lithium Company Profile

(Get Free Report)

Sigma Lithium Corp. is a Canada-based mineral exploration and development company focused on the sustainable production of battery-grade lithium from hard rock deposits. The company’s flagship asset is the Grota do Cirilo lithium project, located in the state of Minas Gerais, Brazil. Grota do Cirilo comprises a fully permitted, low-altitude spodumene mine and processing plant designed to produce high-purity lithium concentrate and downstream lithium hydroxide for the global electric vehicle and energy storage markets.

Since its founding in 2018, Sigma Lithium has pursued a vertically integrated approach, overseeing each stage of production from ore extraction and beneficiation to chemical conversion.