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How to Buy Sigma Lithium Stock

Sigma Lithium Corp

Sigma Lithium Corporation engages in the exploration and development of lithium deposits in Brazil.

Sigma Lithium stock last closed at $14.33, up 1.99% from the previous day, and has decreased 57.57% in one year. It has underperformed other stocks in the Other Industrial Metals & Mining industry by 0.35 percentage points. Sigma Lithium stock is currently +37% from its 52-week low of $10.46, and -66.81% from its 52-week high of $43.18.

At the moment, there are 109.39M SGML shares outstanding. The market capitalization of SGML is $1.57B. In the last 24 hours, 523,663 SGML shares were traded.

How to Buy Sigma Lithium Stock

Not sure how to invest in Sigma Lithium stock? Here's how.
  1. Decide where to buy Sigma Lithium stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Sigma Lithium stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Select your payment method and add your details.
  4. Evaluate Sigma Lithium stock: The Sigma Lithium ticker symbol is SGML. Is Sigma Lithium stock a good investment? Should you buy shares of SGML? How do SGML's underlying business fundamentals look? Do top analysts think Sigma Lithium is a good buy? Why has SGML's stock price moved recently? (Hint: Our stock research website can help you decide if SGML is a good stock to buy).
  5. Execute your SGML buy order: Decide if you will purchase SGML shares at the current market price or use a limit order to purchase SGML stock at a particular price.
  6. Get key alerts regarding your SGML position: Create a watchlist to key updates about your investment in Sigma Lithium stock.

Step 1: Decide where to buy Sigma Lithium stock

You need a brokerage account to access the NASDAQ market and buy SGML shares.

A brokerage account enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've chosen your brokerage, you need to fill out some personal details so you can buy SGML today.

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Step 3: Deposit funds into your brokerage account

Now that you have created your account on the best stock investing app, you need to deposit funds:

Watch this video walkthrough if you need help depositing money into your brokerage account.

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Step 4: Evaluate Sigma Lithium stock

After you have chosen the best place to buy Sigma Lithium stock, it's crucial to analyze their stock before you buy, so you truly comprehend the risk and opportunity.

Sigma Lithium shares quick numbers

SGML Price
$14.33
1w %
7.34%
1y %
-57.57%
5y %
N/A
P/E
-18.66x
P/B
9.89x
P/S
16.6x
PEG
N/A
Revenue
$94.15M
Earnings
-$76.72M
Fore. Rev. Growth
208.62%
Fore. Earn. Growth
N/A
Market Cap
$1.57B
Next Earnings
Jun 10, 2024
Next Dividend
N/A

Sigma Lithium Fundamentals

WallStreetZen was designed to help part-time investors do better fundamental analysis quickly.

You can see all of the due diligence checks on SGML's stock page.

Is SGML stock undervalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SGML's intrinsic value.

Using relative valuations measures:

  • SGML could be overvalued based on its P/B ratio of 9.89x, relative to Other Industrial Metals & Mining industry P/B ratio of 2.16x

You can access more valuation research on SGML's stock here.

SGML Financials at a glance

Pros:

  • There are more short-term assets than long-term liabilities on the SGML balance sheet.
  • There are more short-term assets than short-term liabilities on the SGML balance sheet.

Cons:

  • SGML profit margin has gone down from N/A to -81.5% in the past year.
  • SGML has cash burn of 144936956. It does not have enough cash and short-term investments to cover this.
  • SGML has a relatively high debt to equity ratio of 1.08.
  • SGML has $27.64M in cash and short term investments. This is not sufficient to cover its annual cash burn of $144.94M.

Do analysts think it's a good time to buy SGML stock

Out of 2 Wall Street analysts who track SGML, the consensus analyst rating on Sigma Lithium is a Strong Buy

Please note that analyst ratings are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Sigma Lithium stock forecast page.

Metrics for Advanced SGML Traders

SMA10
13.79
SMA20
14.3
SMA50
13.78
SMA100
19.44
SMA200
25.53
MACD
-0.06
MACD Signal
-0.09
MACD Histogram
0.03
RSI
52.34
Stochastic %K
47.13
Stochastic %D
43.58
StochRSI %K
46.29
StochRSI %D
39.03

Are SGML insiders buying or selling the stock?

Over the last year, executives and large shareholders at SGML have not bought or sold any shares.

Learn more about who owns SGML shares here.

Can I get consistent income from SGML stock?

No, Sigma Lithium doesn't provide an income stream by paying out dividends.

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Step 5: Execute your SGML buy order

You have two main order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific dollar amount limit, use a limit order.

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Step 6: Get key alerts regarding your SGML position

Now that you own some SGML stock, you'll want to stay up-to-date on your company.

Put SGML on a watchlist to get notified of important updates regarding your SGML stock.

SGML Feed

How to Buy Stock in Sigma Lithium

To reiterate, here are the 6 steps to buy Sigma Lithium stock:

  1. Decide where to buy Sigma Lithium stock
  2. Open a brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Sigma Lithium stock
  5. Execute your SGML buy order
  6. Get key alerts regarding your SGML position

If you require a brokerage account, eToro is our favorite option.

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If you would like to get updates on your investment in Sigma Lithium, create your watchlist below.

NASDAQ: SGML
$14.33+0.28 (+1.99%)
Updated Apr 26, 2024
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NASDAQ: SGML
$14.33+0.28 (+1.99%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Sigma Lithium share?

As of Apr 26, 2024, it costs $14.33 to buy one share of Sigma Lithium stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $7, you can buy 0.488 shares of SGML.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Sigma Lithium stock?

According to 2 Wall Street analysts who monitor Sigma Lithium, their consensus recommendation is to buy Sigma Lithium stock.

What is the best way to buy Sigma Lithium stock?

One way to place an order for Sigma Lithium stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.