SGML · NASDAQ · Industrial Materials

Sigma Lithium (SGML)

Mines and processes lithium at Brazil’s Grota do Cirilo complex.

$10.52
After hours−0.07 (−0.66%)
At close$10.59(+3.12%)
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Sigma Lithium CorporationSGML
Materials

Produces lithium concentrate from the wholly owned Grota do Cirilo mining and industrial-beneficiation operation in Minas Gerais, Brazil. Commercial operations use a stated processing model built around renewable electricity, dry stacking, water treatment, and no hazardous chemicals.

Operates the wholly owned Grota do Cirilo hard-rock lithium mining and industrial-beneficiation complex in Minas Gerais, Brazil. It produces lithium concentrate after a development, construction, commissioning, and production sequence that reached commercial operations.

The operating model combines mining with industrial beneficiation. It uses renewable electricity, dry stacking, treatment of water used in industrial operations rather than potable water, and avoids hazardous chemicals, according to the company. Further construction continues at the site.

Commercial sales of current and future production were enabled by an environmental operating license. The business is concentrated in one Brazilian asset, and the ability to sell production is tied to that license.

Company facts

CEOAna Cristina Cabral
ListedSep 13, 2021
ExchangeNASDAQ
HeadquartersToronto, Canada
CountryBrazil
Employees560
CIK0001848309
ISINCA8265991023

Market cap$1.14B
EPS (ttm)−$0.2414
P/E (ttm)−42.54
ROE-37.6%
P/B13.92
P/S8.06
Dividend yieldDiv yield
Beta2.19vs XLB 0.77

Price target$18.00+70.0%Average of 3 analysts
ConsensusBuy2 of 3 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Apr 2, 2026B of A SecuritiesUpgrade
Rating: Neutral
Rating: Buy
Jan 16, 2026Canaccord GenuityDowngrade
Rating: Buy
Rating: Hold
Jan 14, 2026BMO CapitalTarget
Target:
Target: $18
Jan 8, 2026B of A SecuritiesDowngrade
Rating: Neutral
Rating: Underperform

Next report
Nov 13, 26
in 52 days
EPS estimate
$0.14
Revenue estimate
$55.5M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.08$0.04−$0.17−$0.10−$0.22$0.10−$0.02Pending
Estimate$0.06$0.01−$0.03−$0.07−$0.01$0.10$0.23$0.14
Surprise−233.3%+300.0%−466.7%−50.0%−1,425.7%0.0%−108.7%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$46.7M$47.7M$16.9M$28.5M$16.9M$42.3M$54.7MPending
Estimate$51.7M$48.0M$38.6M$49.2M$22.6M$42.5M$68.3M$55.5M
Surprise−9.7%−0.6%−56.2%−42.0%−25.3%−0.4%−20.0%
Estimate$0.14
ReportedDue Nov 13, 2026
Estimate$55.5M
ReportedDue Nov 13, 2026
View details

Debt to equity326.00%
Current ratio34.30%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$20.9M$67.2M$33.5M$12.4M$28.5M$16.9M$41.8M$54.7M
Net income−$25.1M−$11.7M$3.3M−$13.8M−$11.6M−$24.5M$11.0M−$2.6M
Net margin0.0%0.0%9.9%0.0%0.0%0.0%26.3%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$15.7M$3.0M$4.7M−$14.8M−$9.1M$10.3M$19.5M$7.6M
YoY growthTurned lossTurned profitTurned profitTurned lossLoss narrowed+249.0%+312.0%Turned profit

Balance sheet, Jun 30, 2026Cash & short-term investments $27.9M · Total debt $267.9M · Total assets $477.3M · Shareholders' equity $82.2M

Revenue
$54.7M
Operating income
$7.6M
Net income
−$2.6M
View details

No dividends on record.

Institutions≈ 33.18%36.96M shares
134 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Other≈ 66.82%74.44M shares
remainder

111.40M company shares as of Sep 18, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Van Eck Associates CorpInstitution
3.82%4.26Mas of Jun 30, 2026
Jane Street Group, LLCInstitution
2.90%3.23Mas of Jun 30, 2026
Point72 Asset Management, L.P.Institution
2.85%3.17Mas of Jun 30, 2026
D. E. Shaw & Co., Inc.Institution
2.75%3.06Mas of Jun 30, 2026
BlackRock, Inc.Institution
2.11%2.35Mas of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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