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 $7.00, down 1.96% from the previous day, and has decreased 48.3% in one year. It has underperformed other stocks in the Other Industrial Metals & Mining industry by 0.32 percentage points. Sigma Lithium stock is currently +3.55% from its 52-week low of $6.76, and -63.54% from its 52-week high of $19.20.
At the moment, there are 111.27M SGML shares outstanding. The market capitalization of SGML is $778.87M. In the last 24 hours, 1.31M SGML shares were traded.
How to Buy Sigma Lithium Stock
Not sure how to invest in Sigma Lithium stock? Here's how.
- 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.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Select your payment method and add your details.
- 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).
- 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.
- 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.
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Open eToro AccountStep 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.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new brokerage account.
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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.
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
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 8.44x, relative to Other Industrial Metals & Mining industry P/B ratio of 1.83x
You can access more valuation research on SGML's stock here.
SGML Financials at a glance
Pros:
- SGML has cash burn of 35877083. It has enough cash and short-term investments to cover this for at least one year.
Cons:
- Total SGML debt is higher than 5 years ago, relative to shareholder equity.
- SGML profit margin has gone down from -21.1% to -33.5% in the past year.
- There are more short-term liabilities than short-term assets on the SGML balance sheet.
- There are more long-term liabilities than short-term assets on the SGML balance sheet.
- SGML has $45.87M in cash and short term investments. This is not sufficient to cover its annual cash burn of $35.88M.
- SGML has a relatively high debt to equity ratio of 2.54.
Is it a good time to buy Sigma Lithium stock, according to analysts?
Out of 1 Wall Street analysts who give recommendations on SGML, the consensus analyst rating on SGML is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Sigma Lithium stock forecast page.
SGML Technical Indicators
SGML Performance Numbers
Last year, SGML revenue was $144.96M. In the last one years, SGML's revenue has gone up by 6.38% per year. This was faster than the Other Industrial Metals & Mining industry average of 1.25%.
You can analyze SGML's earnings and revenue performance here.
What are SGML insiders up to?
In the past 12 months, executives and large shareholders at SGML have not bought or sold any shares.
Dig into more about who owns SGML stock here.
Does SGML stock generate passive income?
No, Sigma Lithium doesn't provide an income stream by paying out dividends.
What do other investors have to say about SGML?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Execute your SGML buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually 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 make sure you're buying or selling at an exact price limit, place a limit order.
Hit the Open Trade button and eToro will execute the order.
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Step 6: Get key alerts regarding your SGML position
Now that you own some SGML shares, you'll want to keep up with your new investment.
Make a watchlist to get the latest updates about your SGML stock.
SGML Feed
How to Buy Stock in Sigma Lithium
To summarize, here are the 6 steps to buy Sigma Lithium stock:
- Decide where to buy Sigma Lithium stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Evaluate Sigma Lithium stock
- Execute your SGML buy order
- Get key alerts regarding your SGML position
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Sigma Lithium, get started below.
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