Sigma Lithium (NASDAQ: SGML)

$11.99+5.83%today

Brazilian ADR trading on the NASDAQ, priced in US dollars.

Market Cap: $1.34B
P/E (TTM): —
P/B: 18.4x
EPS (TTM): $-0.24
Dividend Yield: —
52-Week Range: $4.62 – $24.48
Volume: 4.25M
Previous Close: $11.33

TTM = trailing twelve months — the most recent 12 months (a rolling window), used for P/E, EPS and dividends. On the tables and charts below, the in-progress current year appears as a “Last 12M” column labelled with the quarter range it covers.

Performance

Today

+5.83%

1 Week

+1.96%

1 Month

+16.86%

YTD

-9.10%

1 Year

+85.89%

5 Years

+64.65%

About Sigma Lithium

US Ticker: SGML
B3 Ticker: —
Exchange: NASDAQ
Currency: USD
Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Headquarters: Toronto, ON, Canada
Employees: 560
CEO: Ms. Ana Cabral-Gardner
Founded: —

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

It serves lithium-ion battery supply chain for electric vehicle industries.

The company was formerly known as Sigma Lithium Resources Corporation and changed its name to Sigma Lithium Corporation in July 2021.

Sigma Lithium Corporation is based in Toronto, Canada.

www.sigmalithiumresources.com

Analyst Ratings

Consensus of 2 Wall Street analysts · sourced from Yahoo Finance

None

On a 1–5 scale: 1 = Strong Buy, 3 = Hold, 5 = Sell. Lower is more bullish.

12-Month Price Target

Low

$20.00

Average

$20.63

High

$21.25

The average target is +72.02% above the current price of $11.99.

Financial Results

Revenue, EBITDA and net profit (in USD) with net margin (net profit ÷ revenue).

Financial Health

Margins, leverage and cash-flow quality derived from Sigma Lithium's income statement, balance sheet and cash flow (absolute figures in USD).

ProfitabilityLeverageGrowth

Overall: Financially Stretched

Net Margin: -39.1%
ROE: -53.6%
Rev Growth (YoY): -9.46%
Net Debt / EBITDA: 12.82×
Current Ratio: 0.32×
Interest Coverage: -0.17×
Free Cash Flow: -6.0M
Payout Ratio: —

Income — Margins & Efficiency

Metric	Last 12MQ2'25 – Q1'26	Δ	2025	Δ	2024	Δ	2023	Δ	2022	Δ	2021	Δ	2020	Δ	2019	Δ	2018	Δ	2017	Δ	2016	Δ	2015	Δ	2014	Δ	2013	Δ	2012
Revenue	$99,602,944	-9.5%	$110,012,000	-47.3%	$208,747,000	+15.2%	$181,231,000	—	$0	—	$0	—	$0	—	$0	—	$0	—	$0	—	—	—	—	—	—	—	—	—	—
Gross profit	$29,896,711	+62.3%	$18,422,000	-58.4%	$44,274,000	-50.2%	$88,896,000	+118242.1%	-$75,245	-26.5%	-$59,480	-28.1%	-$46,426	+31.2%	-$67,525	-200.5%	-$22,473	-120.5%	-$10,192	—	—	—	—	—	—	—	-$573	—	—
Operating income	$5,946,832	+148.9%	-$12,161,000	-96.6%	-$6,187,000	+71.4%	-$21,634,000	+77.1%	-$94,562,812	-275.0%	-$25,215,571	-1875.7%	-$1,276,313	+67.3%	-$3,907,847	+38.4%	-$6,339,515	-9102.9%	-$68,886	+56.1%	-$156,763	-42.1%	-$110,280	-1.9%	-$108,193	-76.0%	-$61,473	+51.0%	-$125,449
EBITDA	$9,528,939	+805.8%	-$1,350,000	-110.6%	$12,783,000	+328.1%	-$5,603,000	+94.0%	-$93,453,311	-253.2%	-$26,457,261	-3026.3%	-$846,290	+78.7%	-$3,971,805	+37.1%	-$6,317,042	-9070.3%	-$68,886	+56.1%	-$156,763	-42.1%	-$110,280	-128.8%	-$48,193	+20.9%	-$60,900	+51.2%	-$124,877
Net profit	-$38,918,326	+22.5%	-$50,185,000	+28.3%	-$69,981,000	-83.0%	-$38,246,000	+59.2%	-$93,842,817	-250.2%	-$26,795,329	-2105.0%	-$1,215,220	+78.6%	-$5,673,935	+59.4%	-$13,986,742	-20204.2%	-$68,886	+56.0%	-$156,436	-43.4%	-$109,081	-0.9%	-$108,089	-77.7%	-$60,823	+51.5%	-$125,449
Gross margin	30.0%	+13.3 p.p.	16.7%	-4.5 p.p.	21.2%	-27.8 p.p.	49.1%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Operating margin	6.0%	+17.0 p.p.	-11.1%	-8.1 p.p.	-3.0%	+9.0 p.p.	-11.9%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
EBITDA margin	9.6%	+10.8 p.p.	-1.2%	-7.4 p.p.	6.1%	+9.2 p.p.	-3.1%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net margin	-39.1%	+6.5 p.p.	-45.6%	-12.1 p.p.	-33.5%	-12.4 p.p.	-21.1%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Revenue growth (YoY)	-9.5%	+37.8 p.p.	-47.3%	-62.5 p.p.	15.2%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Effective tax rate	—	—	-46.0%	-68.5 p.p.	22.6%	+43.9 p.p.	-21.3%	-16.1 p.p.	-5.2%	-4.0 p.p.	-1.2%	+35.0 p.p.	-36.2%	-24.4 p.p.	-11.8%	+22.0 p.p.	-33.8%	-11094.2 p.p.	11060.3%	+11060.1 p.p.	0.2%	-0.9 p.p.	1.1%	+1.0 p.p.	0.1%	-1.0 p.p.	1.1%	—	—
Interest coverage	-0.17×	+67.1%	-0.52×	-81.1%	-0.29×	+60.2%	-0.72×	+99.8%	-369.00×	-442.4%	-68.03×	-2357.5%	-2.77×	+59.4%	-6.82×	+38.3%	-11.04×	-2809.0%	-0.38×	—	—	—	—	—	—	—	—	—	—

Newest column (“Last 12M”) = trailing 12 months, the last 4 reported quarters — shown with the quarter range it spans; earlier columns are full fiscal years.

Balance Sheet — Health & Leverage

Metric	Last 12MQ2'25 – Q1'26	Δ	2025	Δ	2024	Δ	2023	Δ	2022	Δ	2021	Δ	2020	Δ	2019	Δ	2018	Δ	2017	Δ	2016	Δ	2015	Δ	2014	Δ	2013	Δ	2012
Net debt	$122,168,470	-10.9%	$137,120,000	-27.2%	$188,256,000	+67.7%	$112,230,000	+836.1%	-$15,247,000	+86.8%	-$115,846,811	-1278.7%	-$8,402,900	-287.1%	$4,489,978	+410.7%	$879,227	-91.1%	$9,843,135	+62907.1%	-$15,672	+74.4%	-$61,274	+69.5%	-$200,921	-219.3%	-$62,928	+48.8%	-$122,814
Net Debt / Equity	1.68×	-30.5%	2.42×	+70.8%	1.42×	+170.6%	0.52×	+729.0%	-0.08×	+89.6%	-0.80×	-106.8%	-0.39×	-175.2%	0.51×	+565.1%	0.08×	+111.9%	-0.65×	-124.4%	2.66×	+290.3%	-1.40×	-35.4%	-1.03×	+23.9%	-1.36×	-18.5%	-1.15×
Net Debt / EBITDA	12.82×	+112.6%	-101.57×	-789.7%	14.73×	+173.5%	-20.03×	-12377.2%	0.16×	-96.3%	4.38×	-55.9%	9.93×	+978.3%	-1.13×	-712.2%	-0.14×	+99.9%	-142.89×	-143029.4%	0.10×	-82.0%	0.56×	-86.7%	4.17×	+303.5%	1.03×	+5.1%	0.98×
Debt / Equity	1.89×	-25.3%	2.53×	+32.2%	1.91×	+132.3%	0.82×	+86.1%	0.44×	+1141.3%	0.04×	-84.9%	0.24×	-55.1%	0.53×	+18.7%	0.44×	+166.3%	-0.67×	—	—	—	—	—	—	—	—	—	—
Current ratio	0.32×	+31.8%	0.25×	-71.2%	0.85×	-26.8%	1.17×	-61.9%	3.06×	-90.8%	33.39×	+1547.0%	2.03×	+2150.9%	0.09×	-89.3%	0.84×	+3509.0%	0.02×	-96.8%	0.73×	-79.2%	3.50×	-86.5%	25.88×	+623.9%	3.57×	-52.8%	7.57×
Return on equity (ROE)	-53.6%	+35.0 p.p.	-88.6%	-35.9 p.p.	-52.7%	-34.8 p.p.	-17.8%	+33.4 p.p.	-51.3%	-32.8 p.p.	-18.5%	-12.9 p.p.	-5.6%	+59.3 p.p.	-64.9%	+58.0 p.p.	-122.9%	-123.3 p.p.	0.5%	-2659.1 p.p.	2659.6%	+2908.8 p.p.	-249.2%	-193.6 p.p.	-55.6%	+75.6 p.p.	-131.3%	-14.2 p.p.	-117.1%
Return on assets (ROA)	-11.9%	+5.2 p.p.	-17.1%	-2.2 p.p.	-14.9%	-7.0 p.p.	-7.8%	+22.5 p.p.	-30.4%	-12.9 p.p.	-17.5%	-13.8 p.p.	-3.7%	+23.5 p.p.	-27.1%	+46.2 p.p.	-73.3%	-71.0 p.p.	-2.3%	+995.9 p.p.	-998.2%	-820.2 p.p.	-178.0%	-124.6 p.p.	-53.5%	+41.1 p.p.	-94.5%	+7.1 p.p.	-101.7%
Book value / share	$0.65	+28.2%	$0.51	-57.4%	$1.19	-39.8%	$1.98	+9.5%	$1.81	+8.2%	$1.67	+456.0%	$0.30	+135.2%	$0.13	-49.2%	$0.25	+101.1%	$-22.63	-123379.4%	$-0.02	-113.4%	$0.14	-84.0%	$0.86	+270.2%	$0.23	-65.9%	$0.68

Newest column (“Last 12M”) = trailing 12 months, the last 4 reported quarters — shown with the quarter range it spans; earlier columns are full fiscal years.

Net Debt & Leverage

Free Cash Flow

Margins

Dividend Payout Ratio

Capex ÷ Revenue

Cash Conversion (operating cash flow ÷ net income)

Ratios computed from company financial statements. Net Debt = total debt − cash & equivalents; FCF = operating cash flow − capital expenditure; absolute values in USD.

Valuation & Dividends

Dividend History

$0.00

Sigma Lithium has not paid dividends over the past decade.

Dividends and yield from Yahoo Finance (per ADR share, in US dollars). The current-year figures are calendar year-to-date (dividends actually paid this year), not the trailing 12 months.

Listings

Sigma Lithium trades on 2 exchanges. Prices on this page are the NASDAQ ADR (SGML).

Exchange	Ticker	Currency
NASDAQpriced here	SGML	USD
B3 (São Paulo)	S2GM34	BRL

Frequently Asked Questions

Why hold Sigma Lithium SGML ADR instead of local B3 shares?

Buying directly on Brazil’s B3 exchange means opening a local brokerage account, converting currency and dealing with Brazilian tax paperwork. ADRs remove that friction: they settle in dollars, follow US market hours, and report in formats foreign investors already understand.

The trade-off is that an ADR’s price reflects two moving parts: (1) the underlying share price, quoted in reais on the B3, and (2) the USD/BRL exchange rate. Because of that second part, a rising company can still deliver a flat, or even negative, dollar return if the real weakens against the dollar. The same applies to ETFs: funds such as EWZ, EWZS and FLBR bundle dozens of these companies into a single ticker for instant diversification, but their dollar value still moves with the real.

Where is Sigma Lithium listed?

Sigma Lithium trades on 2 exchanges. The line quoted on this page is NASDAQ in the United States (SGML, US dollars). It also trades on B3 (São Paulo) in Brazil (S2GM34, Brazilian reais).

On how many exchanges does Sigma Lithium trade?

2. NASDAQ — SGML (USD) · B3 (São Paulo) — S2GM34 (BRL). Prices shown on this page are the NASDAQ line, SGML.

What is Sigma Lithium's primary listing?

Sigma Lithium's primary listing is on NASDAQ in the United States, where it trades as SGML in US dollars — the line quoted on this page. Its Brazilian line, S2GM34 on the B3, is a Brazilian Depositary Receipt rather than a directly listed share.

What is the difference between SGML and S2GM34?

SGML is the NASDAQ-listed share, quoted in US dollars — the company's primary line. S2GM34 is a Brazilian Depositary Receipt over that same share, trading on the B3 in reais. Sigma Lithium's operations are mainly in Brazil, and this structure serves both sides: international investors reach the company through the US listing, while Brazilian investors can hold that same US-listed share through the BDR, in reais, without sending money abroad.

How can I buy Sigma Lithium stock in the United States?

Sigma Lithium is listed on the NASDAQ under SGML, priced in US dollars. Any US brokerage offering NASDAQ-listed securities can trade it, with no foreign-account paperwork and no currency conversion.

As of Fri, Aug 14, 17:00 BRT · Market closed

Financial data last updated: July 13, 2026

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