Cormark Issues Positive Estimate for Sigma Lithium Earnings

Sigma Lithium Corporation (NASDAQ:SGML) – Investment analysts at Cormark boosted their Q1 2026 EPS estimates for Sigma Lithium in a research note issued to investors on Wednesday, November 19th. Cormark analyst M. Whale now anticipates that the company will earn $0.12 per share for the quarter, up from their prior estimate of $0.11. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Sigma Lithium’s current full-year earnings is ($0.12) per share. Cormark also issued estimates for Sigma Lithium’s Q2 2026 earnings at $0.12 EPS, Q3 2026 earnings at $0.12 EPS, Q4 2026 earnings at $0.12 EPS and FY2026 earnings at $0.50 EPS.

Sigma Lithium (NASDAQ:SGML) last posted its earnings results on Friday, November 14th. The company reported ($0.10) EPS for the quarter, meeting analysts’ consensus estimates of ($0.10). The firm had revenue of $28.55 million for the quarter, compared to analysts’ expectations of $70.54 million. Sigma Lithium had a negative return on equity of 35.97% and a negative net margin of 24.13%.

A number of other research analysts have also issued reports on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Sigma Lithium in a research report on Wednesday, October 8th. Bank of America cut shares of Sigma Lithium from a “buy” rating to a “neutral” rating and set a $7.00 price objective for the company. in a research report on Friday, October 24th. Wall Street Zen downgraded shares of Sigma Lithium from a “hold” rating to a “sell” rating in a report on Saturday, August 16th. Finally, Zacks Research cut shares of Sigma Lithium from a “hold” rating to a “strong sell” rating in a research note on Monday, October 27th. One investment analyst has rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Sell” and an average price target of $7.00.

Sigma Lithium Stock Performance

Shares of SGML stock opened at $9.40 on Friday. The company has a current ratio of 0.49, a quick ratio of 0.39 and a debt-to-equity ratio of 1.38. Sigma Lithium has a 12-month low of $4.25 and a 12-month high of $14.71. The business’s 50 day moving average is $6.46 and its two-hundred day moving average is $6.05. The company has a market capitalization of $1.05 billion, a P/E ratio of -30.32 and a beta of 0.08.

Institutional Investors Weigh In On Sigma Lithium

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Appian Way Asset Management LP raised its position in shares of Sigma Lithium by 5.3% in the first quarter. Appian Way Asset Management LP now owns 4,963,006 shares of the company’s stock valued at $51,615,000 after buying an additional 250,581 shares during the last quarter. Van ECK Associates Corp grew its stake in Sigma Lithium by 142.8% during the 3rd quarter. Van ECK Associates Corp now owns 4,606,668 shares of the company’s stock valued at $29,529,000 after acquiring an additional 2,709,397 shares in the last quarter. Woodline Partners LP raised its holdings in Sigma Lithium by 26.6% in the 3rd quarter. Woodline Partners LP now owns 2,964,909 shares of the company’s stock valued at $19,005,000 after acquiring an additional 623,832 shares during the last quarter. Norges Bank purchased a new position in Sigma Lithium in the 2nd quarter worth approximately $11,250,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Sigma Lithium by 24.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,550,713 shares of the company’s stock worth $7,091,000 after purchasing an additional 309,338 shares during the last quarter. Institutional investors and hedge funds 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.