SGML Stock Analysis: Sigma Lithium Resources | NASDAQ

Other Industrial Metals & Mining | NASDAQ, USA | Market Cap: 1.302m USD | 12M Return: 52.2% | Charts, Fundamentals & Technical Analysis

Spodumene, Lithium Concentrate, Battery Materials
Total Rating 29
Safety 30
Buy Signal -0.02
Other Industrial Metals & Mining
Industry Rotation: -25.3
Market Cap: 1.30B
Avg Turnover: 20.8M
Risk 3d forecast
Volatility89.4%
VaR 5th Pctl14.7%
VaR vs Median-0.29%
Reward TTM
Sharpe Ratio0.90
Rel. Str. IBD21.6
Rel. Str. Peer Group56.4
Character TTM
Beta2.250
Beta Downside1.729
Hurst Exponent0.547
Drawdowns 3y
Max DD89.06%
CAGR/Max DD-0.39
CAGR/Mean DD-0.56
EPS (Earnings per Share) EPS (Earnings per Share) of SGML over the last years for every Quarter: "2021-06": -0.0095, "2021-09": -0.0991, "2021-12": -0.17, "2022-03": -0.1, "2022-06": -0.15, "2022-09": -0.12, "2022-12": null, "2023-03": -0.0719, "2023-06": -0.2161, "2023-09": 0.3341, "2023-12": -0.0799, "2024-03": -0.08, "2024-06": -0.13, "2024-09": -0.2212, "2024-12": -0.07, "2025-03": -0.0751, "2025-06": -0.17, "2025-09": -0.1, "2025-12": -0.22, "2026-03": 0.1,
Last SUE: 0.73
Qual. Beats: 0
Revenue Revenue of SGML over the last years for every Quarter: 2021-06: 0, 2021-09: 0, 2021-12: 0, 2022-03: 0, 2022-06: 0, 2022-09: 0, 2022-12: 0, 2023-03: 0, 2023-06: 0, 2023-09: 129.925, 2023-12: 51.306, 2024-03: 37.202, 2024-06: 45.92, 2024-09: 20.894, 2024-12: 67.207, 2025-03: 33.475503, 2025-06: 12.395454, 2025-09: 28.549, 2025-12: 16.903, 2026-03: 41.75549,
Rev. CAGR: -22.09%
Rev. Trend: -74.2%
Last SUE: -1.03
Qual. Beats: -1

Warnings

High Debt/EBITDA With Thin Interest Coverage
High Debt While Negative Cash Flow
Interest Coverage Ratio Critical
Altman Z'' In Financial Distress Zone
Below Sma 200d

Tailwinds

Confidence

Seasonality 8 years of data

Jan -5.8% 28
Feb +3.9% 28
Mar -7.5% 46
Apr -5.8% 7
May +0.0% 11
Jun -0.9% 12
Jul +3.5% 21
Aug +3.4% 24
Sep +0.6% 9
Oct +5.6% 11
Nov +0.1% 9
Dec -0.3% 9

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: SGML Sigma Lithium Resources

Sigma Lithium Corporation (NASDAQ: SGML) is a Canadian-based mining company engaged in the exploration and development of lithium deposits in Brazil. The company supplies lithium to the lithium-ion battery supply chain serving the electric vehicle industry, positioning it within the broader clean energy transition. It was formerly known as Sigma Lithium Resources Corporation before rebranding in July 2021, and completed its U.S. IPO in September 2021.

The company operates in the Materials sector (Diversified Metals & Mining sub-industry), with its Brazilian operations making it one of the few publicly listed pure-play lithium producers in the Americas. Lithium is a critical raw material for rechargeable batteries used in electric vehicles and energy storage systems, and Brazils hard-rock spodumene deposits represent a meaningful portion of the countrys growing role in global lithium production outside of the dominant Australian and South American (Chile/Argentina) supply regions.

Headlines to Watch Out For
  • Lithium spot prices decline pressuring realized revenue margins
  • Production ramp at Grota do Cirilo mine meets output targets
  • EV battery demand growth drives lithium offtake agreements
Piotroski VR-10 (Strict) 2.0
Net Income: -38.9m TTM > 0 and > 6% of Revenue
FCF/TA: -0.02 > 0.02 and ΔFCF/TA 6.89 > 1.0
NWC/Revenue: -145.6% < 20% (prev -9.99%; Δ -135.6% < -1%)
CFO/TA 0.01 > 3% & CFO 2.21m > Net Income -38.9m
Net Debt (125.2m) to EBITDA (9.53m): 13.13 < 3
Current Ratio: 0.32 > 1.5 & < 3
Outstanding Shares: last quarter (111.4m) vs 12m ago 0.11% < -2%
Gross Margin: 30.02% > 18% (prev 23.38%; Δ 6.63% > 0.5%)
Asset Turnover: 29.52% > 50% (prev 48.09%; Δ -18.56% > 0%)
Interest Coverage Ratio: -0.17 > 6 (EBIT TTM -3.43m / Interest Expense TTM 20.2m)
Altman Z'' -5.35
A: -0.44 (Total Current Assets 69.4m - Total Current Liabilities 214.4m) / Total Assets 326.4m
B: -0.82 (Retained Earnings -266.9m / Total Assets 326.4m)
C: -0.01 (EBIT TTM -3.43m / Avg Total Assets 337.4m)
D: 0.29 (Book Value of Equity 72.6m / Total Liabilities 253.8m)
Altman-Z'' = -5.35 = D
Beneish M -2.74
DSRI: 1.25 (Receivables 26.8m/36.1m, Revenue 99.6m/167.5m)
GMI: 0.78 (GM 23.38% / 30.02%)
AQI: 1.98 (AQ_t 0.27 / AQ_t-1 0.13)
SGI: 0.59 (Revenue 99.6m / 167.5m)
TATA: -0.13 (NI -38.9m - CFO 2.21m) / TA 326.4m)
Beneish M = -2.74 (Cap -4..+1) = A
What is the price of SGML shares?

As of July 20, 2026, the stock is trading at USD 10.26 with a total of 1,159,738 shares traded. Over the past week, the price has changed by -13.85%, over one month by -22.86%, over three months by -52.70% and over the past year by +52.23%.

Current recommended Stop Loss: 8.50 (which is 17.2% or 1.9 ATR below the current price).

Is SGML a buy, sell or hold?

Sigma Lithium Resources has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy SGML.

  • StrongBuy: 1
  • Buy: 2
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the SGML price?
Analysts Target Price 20.6 101.1%
Sigma Lithium Resources (SGML) - Fundamental Data Overview as of 15 July 2026
Market Cap USD = 1.30b (1.30b USD * 1.0 USD.USD)
P/E Forward = 10.3627
P/S = 12.4396
P/B = 18.4514
Revenue TTM = 99.6m USD
EBIT TTM = -3.43m USD
EBITDA TTM = 9.53m USD
Long Term Debt = 13.3m USD (from longTermDebt, last quarter)
Short Term Debt = 122.1m USD (from shortTermDebt, last quarter)
Debt = 140.3m USD (from shortLongTermDebtTotal, last quarter) + Leases 2.99m
Net Debt = 125.2m USD (calculated: Debt 140.3m - CCE 15.2m)
Enterprise Value = 1.43b USD (1.30b + Debt 140.3m - CCE 15.2m)
Interest Coverage Ratio = -0.17 (Ebit TTM -3.43m / Interest Expense TTM 20.2m)
EV/FCF = -237.6x (Enterprise Value 1.43b / FCF TTM -6.01m)
FCF Yield = -0.42% (FCF TTM -6.01m / Enterprise Value 1.43b)
FCF Margin = -6.03% (FCF TTM -6.01m / Revenue TTM 99.6m)
Net Margin = -39.07% (Net Income TTM -38.9m / Revenue TTM 99.6m)
Gross Margin = 30.02% ((Revenue TTM 99.6m - Cost of Revenue TTM 69.7m) / Revenue TTM)
Gross Margin QoQ = 55.45% (prev 77.94%)
Tobins Q-Ratio = 4.37 (Enterprise Value 1.43b / Total Assets 326.4m)
Interest Expense / Debt = 14.40% (Interest Expense 20.2m / Debt 140.3m)
Taxrate = 27.79% (4.23m / 15.2m)
NOPAT = -2.48m (EBIT -3.43m * (1 - 27.79%)) [loss with tax shield]
Current Ratio = 0.32 (Total Current Assets 69.4m / Total Current Liabilities 214.4m)
Debt / Equity = 1.93 (Debt 140.3m / totalStockholderEquity, last quarter 72.6m)
Debt / EBITDA = 13.13 (Net Debt 125.2m / EBITDA 9.53m)
 Debt / FCF = -20.83 (negative FCF - burning cash) (Net Debt 125.2m / FCF TTM -6.01m)
 Total Stockholder Equity = 76.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -11.54% (Net Income -38.9m / Total Assets 326.4m)
RoE = -51.05% (Net Income TTM -38.9m / Total Stockholder Equity 76.2m)
RoCE = -3.84% (EBIT -3.43m / Capital Employed (Equity 76.2m + L.T.Debt 13.3m))
 RoIC = -1.08% (negative operating profit) (NOPAT -2.48m / Invested Capital 229.2m)
 WACC = 13.56% (E(1.30b)/V(1.44b) * Re(13.90%) + D(140.3m)/V(1.44b) * Rd(14.40%) * (1-Tc(0.28)))
Discount Rate = 13.90% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 17.12 | Cagr: 0.54%
 [DCF] Fair Price = unknown (Cash Flow -6.01m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.73 | # QB: 0
Revenue Correlation: -74.17 | Revenue CAGR: -22.09% | SUE: -1.03 | # QB: -1
EPS current Quarter (2026-06-30): EPS=0.23 | Chg30d=+15.00% | Revisions=+0% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.45 | Chg30d=+1.14% | Revisions=+40% | Analysts=2
EPS current Year (2026-12-31): EPS=1.21 | Chg30d=+7.59% | Revisions=+40% | GrowthEPS=+367.8% | GrowthRev=+252.7%
EPS next Year (2027-12-31): EPS=1.68 | Chg30d=+4.36% | Revisions=+40% | GrowthEPS=+39.0% | GrowthRev=+39.9%
[Analyst] Revisions Ratio: +55% (up=7, down=1)