Tidal Investments LLC Has $784,000 Holdings in Sigma Lithium Co. (NASDAQ:SGML)

Tidal Investments LLC lifted its holdings in shares of Sigma Lithium Co. (NASDAQ:SGML) by 43.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,422 shares of the company’s stock after buying an additional 19,193 shares during the quarter. Tidal Investments LLC owned about 0.06% of Sigma Lithium worth $784,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Point72 DIFC Ltd bought a new position in Sigma Lithium in the second quarter valued at approximately $48,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Sigma Lithium in the 2nd quarter worth $107,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Sigma Lithium during the third quarter worth $122,000. Y Intercept Hong Kong Ltd bought a new stake in Sigma Lithium in the third quarter valued at about $299,000. Finally, SG Americas Securities LLC lifted its stake in Sigma Lithium by 100.8% in the third quarter. SG Americas Securities LLC now owns 112,242 shares of the company’s stock valued at $1,387,000 after buying an additional 56,347 shares during the period. Institutional investors and hedge funds own 64.86% of the company’s stock.

Sigma Lithium Price Performance

Sigma Lithium stock opened at $11.01 on Friday. The firm has a market capitalization of $1.22 billion, a P/E ratio of -22.94 and a beta of 0.15. The business has a 50-day moving average of $13.27 and a 200-day moving average of $12.17. The company has a current ratio of 0.84, a quick ratio of 0.72 and a debt-to-equity ratio of 0.02. Sigma Lithium Co. has a 1 year low of $8.47 and a 1 year high of $34.31.

Sigma Lithium Profile

Sigma Lithium Corporation engages in the exploration and development of lithium deposits in Brazil. It holds a 100% interest in the Grota do Cirilo, Genipapo, Santa Clara, and São José properties comprising 29 mineral rights covering an area of approximately 185 square kilometers located in the Araçuaí and Itinga regions of the state of Minas Gerais, Brazil.