Tidal Investments LLC Buys 19,193 Shares of Sigma Lithium Co. (NASDAQ:SGML)

Tidal Investments LLC lifted its stake in shares of Sigma Lithium Co. (NASDAQ:SGML) by 43.4% in the 3rd quarter, Holdings Channel reports. The fund owned 63,422 shares of the company’s stock after acquiring an additional 19,193 shares during the quarter. Tidal Investments LLC’s holdings in Sigma Lithium were worth $784,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Point72 DIFC Ltd acquired a new position in Sigma Lithium in the 2nd quarter worth $48,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Sigma Lithium during the second quarter worth about $107,000. Public Employees Retirement System of Ohio bought a new position in shares of Sigma Lithium during the third quarter worth about $122,000. Y Intercept Hong Kong Ltd acquired a new stake in Sigma Lithium in the 3rd quarter valued at approximately $299,000. Finally, SG Americas Securities LLC lifted its stake in Sigma Lithium by 100.8% in the 3rd quarter. SG Americas Securities LLC now owns 112,242 shares of the company’s stock valued at $1,387,000 after acquiring an additional 56,347 shares in the last quarter. 64.86% of the stock is currently owned by institutional investors and hedge funds.

Sigma Lithium Price Performance

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

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.