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Sigma Lithium Corporation (SGML-X)
CVE:SGML
19.03
0.25
(1.30%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 3 opinions in the last 12 months.
Experts Trevor Rose and others from 5i Research have varied opinions on Sigma Lithium Corporation. Trevor Rose acknowledges the potential in the sector but expresses concern over the company's negative cash flow and executive turnover. On the other hand, there is a general consensus that lithium demand will continue to grow, and the company has the potential for re-rating as it starts producing revenue, cash flow, and earnings. However, there is a risk associated with geopolitical factors, particularly the nationalization of Chile Lithium, which could create tighter supply. Overall, the stock is showing promise but with associated risks.
$17.090
Unknown
Lithium demand will continue to grow.
Nationalization of Chile Lithium will create tighter supply.
Risky business in terms of geopolitical risk, but could be a good option.
We continue to like it.
Companies often get re-rated as they start producing revenue, cash flow and earnings.
We have already seen a couple of broker upgrades here.
The stock continues to do well and if there are no operational issues we could see short sellers get squeezed a bit.
There has also been some insider buying.
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Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Has decent levels of cash at $170M following recent financing. Asset portfolio is decent. Has no revenue yet, however. Has rallied with the sector. Ok for the sector. Unlock Premium - Try 5i Free
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Sigma Lithium Corporation(SGML-X) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 2
Sigma Lithium Corporation(SGML-X) Frequently Asked Questions
What is Sigma Lithium Corporation stock symbol?
Sigma Lithium Corporation is a Canadian stock, trading under the symbol SGML-X on the TSX Venture Exchange (SGML-CV). It is usually referred to as TSXV:SGML or SGML-X
Is Sigma Lithium Corporation a buy or a sell?
In the last year, 2 stock analysts published opinions about SGML-X. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Sigma Lithium Corporation.
Is Sigma Lithium Corporation a good investment or a top pick?
Sigma Lithium Corporation was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Sigma Lithium Corporation.
Why is Sigma Lithium Corporation stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Sigma Lithium Corporation worth watching?
2 stock analysts on Stockchase covered Sigma Lithium Corporation In the last year. It is a trending stock that is worth watching.
What is Sigma Lithium Corporation stock price?
On 2024-04-25, Sigma Lithium Corporation (SGML-X) stock closed at a price of $19.03.
The sector has rolled over somewhat with concern on slowing EV sales globally. It still has negative cash flow but we admit it is getting interesting for those who like the sector and have some patience. We do not like the executive turnover and would like to see some more overall stability in the share price before getting too interested.
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