# Sigma Lithium share price today (Sigma Lithium Corporation, SGML) > Sigma Lithium Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. SGML · Materials · Other Industrial Metals & Mining · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/sgml Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Price: $5.54 (−14.6% in a year) - Revenue (Jun 2026): $54.7 M (+223.9% on a year ago) - Profit (Jun 2026): −$2.6 M - Operating margin: 24.6% (+145.0 points on a year ago) - ROE: −89%, FY25 - ROIC: 9.9%, against a 7.3% cost of capital: +2.6 points Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Sigma Lithium share price today? Sigma Lithium Corporation's share price was $5.54 at the close on 3 November 2026. That is 56.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between $5 and $22, and at that close it sat 1% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 20 weeks running. Over the last 1 year the share price moved −2% while the S&P 500 moved +21%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 18 June 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Sigma Lithium pay? Sigma Lithium Corporation pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Sigma Lithium on? Sigma Lithium is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Sigma Lithium profitable? Sigma Lithium Corporation posted a net loss of $2.6 M in the Jun 2026 quarter. The full FY25 year was a loss of $50.2 M. That loss is 4.8% of the quarter's revenue. The same quarter a year earlier lost $18.9 M. 9 of the last 12 reported quarters were loss-making. ## How much revenue does Sigma Lithium make, and is it growing? Sigma Lithium Corporation reported $54.7 M of revenue in the Jun 2026 quarter, +223.9% on the same quarter a year earlier. Over 2 years it has grown −10.5% a year on average. The last full year, FY25, came in at $110 M. The last four reported quarters add to $142 M. FY25 revenue was $110 M, −27.3% on the year before. Recent pace: the last four quarters grew +46.3% on average, against −10.5% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +7.3%, against −19.2% a year over the last 8 quarters (accelerating). ## How much of every $100 of sales does Sigma Lithium keep? Sigma Lithium Corporation's operating margin was 24.6% in the Jun 2026 quarter, 145.0 percentage points higher than the same quarter a year ago. Across 3 years it has been between −19.4% and −2.4%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +145.0 percentage points on the year while gross margin changed +146.1 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Sigma Lithium's profit turning into cash? Sigma Lithium Corporation's cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $2.4 M of operating cash against −$50.2 M of profit. After $10.9 M of spending on assets, free cash was −$8.4 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Sigma Lithium's cash go? Sigma Lithium Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $83.2 M on assets over the last 3 years. Averaged over those years that is 25.2% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $83.2 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Sigma Lithium's P/E ratio, and how does it compare with its own history? Sigma Lithium Corporation has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Sigma Lithium Corporation at 5.7× its FY25 revenue of $110 M. The P/E comes back here once profit turns positive. ## Is the Sigma Lithium business getting better or worse? Sigma Lithium Corporation's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 8 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Sigma Lithium earn on its capital? Sigma Lithium Corporation earned a ROE of −89% in FY25. Its return on capital used (ROIC) is 2.6 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a −45.6% net margin and 0.37× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −45.6% net margin × 0.37× asset turnover × 5.19× leverage (assets divided by equity) ≈ −87.6% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 9.9% − 7.3% = +2.6 percentage points. The 7.3% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. ## Does Sigma Lithium have too much debt? Sigma Lithium Corporation has total debt of $277 M against shareholder equity of $82.3 M as of Jun 2026, so its debt is 3.37× its equity. Year by year, that ratio went from 0.01 in FY21 to 2.63 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Sigma Lithium shareholding pattern? 11.9% of Sigma Lithium Corporation's tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 3.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Sigma Lithium from balance-sheet trouble? For Sigma Lithium Corporation, the Z-score is 1.11. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 1.11 is inside the danger zone, so the balance sheet is a real risk. ## How does Sigma Lithium rank in its industry? 48.6 out of 100, rank 11 of 29 in Other Industrial Metals & Mining, with 64% of the evidence available. Sigma Lithium Corporation scores 48.6 out of 100 against the 29 companies it is compared with in Other Industrial Metals & Mining, ranking 11. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 21 + 14.9 + 11.2 + 1.5 = 48.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Sigma Lithium compared with? Sigma Lithium ranks 11 of 29 Other Industrial Metals & Mining companies on the 4-Factor Sector Score, with 48.6 out of 100. 1. [Teck Resources Limited](https://www.sectoralpha.in/us/stocks/teck) TECK · losing its lead · Most evidence points up · 64% evidence 67.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.4/35 · Revenue 40.5% · Profit n/a · Operating margin change 29.8 points · 62% evidence Capital efficiency 16.2/25 · ROCE 10.3% · Operating margin 43.1% · 76% evidence Valuation 9.1/20 · P/E 16.6× · PEG n/a · 15% evidence Relative strength 19.2/20 · Lead over its industry 51.9% · Lead over S&P 500 3% · 1 year 50.4% · 100% evidence · 6 of 12 weeks ahead Exact sum: 23.4 + 16.2 + 9.1 + 19.2 = 67.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Santacruz Silver Mining Ltd.](https://www.sectoralpha.in/us/stocks/sczm) SCZM · losing its lead · Most evidence points up · 81% evidence 67.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.8/35 · Revenue 39.9% · Profit -32.8% · Operating margin change 12.1 points · 83% evidence Capital efficiency 20.2/25 · ROCE 36.5% · Operating margin 38.8% · 76% evidence Valuation 14.4/20 · P/E 14.2× · PEG 0.41 · 65% evidence Relative strength 14.4/20 · Lead over its industry 11.3% · Lead over S&P 500 -25.8% · 1 year 28.2% · 100% evidence · 10 of 12 weeks ahead Exact sum: 18.8 + 20.2 + 14.4 + 14.4 = 67.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [BHP Group Limited](https://www.sectoralpha.in/us/stocks/bhp) BHP · quiet · Too little evidence to rank firmly · 51% evidence 67.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.2/35 · Revenue n/a · Profit n/a · Operating margin change 5.6 points · 26% evidence Capital efficiency 21.5/25 · ROCE 23.6% · Operating margin 43.3% · 76% evidence Valuation 8.9/20 · P/E 21.2× · PEG n/a · 15% evidence Relative strength 17.4/20 · Lead over its industry 43.7% · Lead over S&P 500 -2.8% · 1 year 41.6% · 100% evidence · 2 of 12 weeks ahead Exact sum: 19.2 + 21.5 + 8.9 + 17.4 = 67 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 4. [Nexa Resources S.A.](https://www.sectoralpha.in/us/stocks/nexa) NEXA · quiet · Evidence leans up · 64% evidence 63.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.9/35 · Revenue 24.3% · Profit n/a · Operating margin change 11.1 points · 62% evidence Capital efficiency 17.1/25 · ROCE 17.5% · Operating margin 19.8% · 76% evidence Valuation 9.6/20 · P/E 5.8× · PEG n/a · 15% evidence Relative strength 15.6/20 · Lead over its industry 35.7% · Lead over S&P 500 -9.3% · 1 year 117.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 20.9 + 17.1 + 9.6 + 15.6 = 63.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Rio Tinto Group](https://www.sectoralpha.in/us/stocks/rio) RIO · quiet · Too little evidence to rank firmly · 51% evidence 61.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.6/35 · Revenue n/a · Profit n/a · Operating margin change 2.9 points · 26% evidence Capital efficiency 18.1/25 · ROCE 14% · Operating margin 28% · 76% evidence Valuation 9.5/20 · P/E 13.5× · PEG n/a · 15% evidence Relative strength 14.8/20 · Lead over its industry 25.9% · Lead over S&P 500 -15.4% · 1 year 17.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 18.6 + 18.1 + 9.5 + 14.8 = 61 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [Materion Corporation](https://www.sectoralpha.in/us/stocks/mtrn) MTRN · losing its lead · Too little evidence to rank firmly · 58% evidence 56.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.0/35 · Revenue n/a · Profit n/a · Operating margin change 0.5 points · 45% evidence Capital efficiency 13.3/25 · ROCE 8.4% · Operating margin 8.6% · 76% evidence Valuation 8.8/20 · P/E 61.3× · PEG n/a · 15% evidence Relative strength 18.1/20 · Lead over its industry 62.7% · Lead over S&P 500 11.4% · 1 year 95.9% · 100% evidence · 5 of 12 weeks ahead Exact sum: 16 + 13.3 + 8.8 + 18.1 = 56.2 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 7. [MP Materials Corp.](https://www.sectoralpha.in/us/stocks/mp) MP · quiet · Evidence leans up · 64% evidence 55.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.1/35 · Revenue 72.3% · Profit n/a · Operating margin change 62.4 points · 62% evidence Capital efficiency 9.4/25 · ROCE -2.5% · Operating margin -14.7% · 76% evidence Valuation 11.5/20 · P/E -104.3× · PEG n/a · 15% evidence Relative strength 11.5/20 · Lead over its industry -2.1% · Lead over S&P 500 -34.7% · 1 year -35.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 23.1 + 9.4 + 11.5 + 11.5 = 55.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Ferroglobe PLC](https://www.sectoralpha.in/us/stocks/gsm) GSM · quiet · Evidence leans up · 64% evidence 53.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.8/35 · Revenue -8.6% · Profit n/a · Operating margin change 12.7 points · 62% evidence Capital efficiency 11.7/25 · ROCE -2% · Operating margin 15% · 76% evidence Valuation 10.5/20 · P/E -14.7× · PEG n/a · 15% evidence Relative strength 16.2/20 · Lead over its industry 27.5% · Lead over S&P 500 -14.1% · 1 year -1.8% · 100% evidence · 7 of 12 weeks ahead Exact sum: 14.8 + 11.7 + 10.5 + 16.2 = 53.2 · What this means: Relative strength against the index is -14.1%, and revenue and profit growth are weak. 9. [Almonty Industries Inc.](https://www.sectoralpha.in/us/stocks/alm) ALM · quiet · Evidence leans up · 64% evidence 51.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.9/35 · Revenue 100% · Profit n/a · Operating margin change 201.6 points · 62% evidence Capital efficiency 12.2/25 · ROCE 0.3% · Operating margin 37.5% · 76% evidence Valuation 8.6/20 · P/E 63× · PEG n/a · 15% evidence Relative strength 5.3/20 · Lead over its industry -9.8% · Lead over S&P 500 -41% · 1 year 24.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 24.9 + 12.2 + 8.6 + 5.3 = 51 · What this means: Earnings are strong; relative strength in its sector is -9.8% and the one-year return is 24.1%. 10. [Americas Gold and Silver Corporation](https://www.sectoralpha.in/us/stocks/usas) USAS · quiet · Evidence leans down · 64% evidence 49.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.4/35 · Revenue 87.6% · Profit n/a · Operating margin change 50.8 points · 62% evidence Capital efficiency 10.7/25 · ROCE 8% · Operating margin 11% · 76% evidence Valuation 10.9/20 · P/E -29× · PEG n/a · 15% evidence Relative strength 3.7/20 · Lead over its industry -28.5% · Lead over S&P 500 -53.2% · 1 year -30.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 24.4 + 10.7 + 10.9 + 3.7 = 49.7 · What this means: Earnings are strong; relative strength in its sector is -28.5% and the one-year return is -30.3%. 11. Sigma Lithium Corporation this page SGML · quiet · Evidence leans down · 64% evidence 48.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.0/35 · Revenue 7.5% · Profit n/a · Operating margin change 145 points · 62% evidence Capital efficiency 14.9/25 · ROCE 12.9% · Operating margin 24.6% · 76% evidence Valuation 11.2/20 · P/E -31.4× · PEG n/a · 15% evidence Relative strength 1.5/20 · Lead over its industry -34.7% · Lead over S&P 500 -57.3% · 1 year 4.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21 + 14.9 + 11.2 + 1.5 = 48.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 12. [Compass Minerals International, Inc.](https://www.sectoralpha.in/us/stocks/cmp) CMP · quiet · Evidence leans down · 74% evidence 48.4 out of 100 Growth Capital Valuation Relative 13. [United States Antimony Corporation](https://www.sectoralpha.in/us/stocks/uamy) UAMY · quiet · Most evidence points down · 64% evidence 31.5 out of 100 Growth Capital Valuation Relative 14. Skeena Resources Limited SKE · losing its lead · Too little evidence to rank firmly · 47% evidence 54.0 out of 100 Growth Capital Valuation Relative 15. Vizsla Silver Corp. VZLA · quiet · Too little evidence to rank firmly · 50% evidence 49.8 out of 100 Growth Capital Valuation Relative 16. [Critical Metals Corp.](https://www.sectoralpha.in/us/stocks/crml) CRML · basing · Too little evidence to rank firmly · 47% evidence 49.3 out of 100 Growth Capital Valuation Relative 17. [Elevra Lithium Limited](https://www.sectoralpha.in/us/stocks/elvr) ELVR · quiet · Too little evidence to rank firmly · 45% evidence 47.3 out of 100 Growth Capital Valuation Relative 18. NioCorp Developments Ltd. NB · quiet · Too little evidence to rank firmly · 50% evidence 46.2 out of 100 Growth Capital Valuation Relative 19. Lithium Americas Corp. LAC · quiet · Too little evidence to rank firmly · 50% evidence 43.5 out of 100 Growth Capital Valuation Relative 20. Western Copper and Gold Corporation WRN · quiet · Too little evidence to rank firmly · 47% evidence 42.7 out of 100 Growth Capital Valuation Relative 21. Lithium Argentina AG LAR · quiet · Too little evidence to rank firmly · 50% evidence 41.5 out of 100 Growth Capital Valuation Relative 22. USA Rare Earth, Inc. USAR · quiet · Too little evidence to rank firmly · 46% evidence 38.5 out of 100 Growth Capital Valuation Relative 23. Evolution Metals & Technologies Corp. EMAT · basing · Too little evidence to rank firmly · 22% evidence 37.1 out of 100 Growth Capital Valuation Relative 24. Blue Moon Metals Inc. BMM · quiet · Too little evidence to rank firmly · 47% evidence 35.7 out of 100 Growth Capital Valuation Relative 25. IperionX Limited IPX · quiet · Too little evidence to rank firmly · 47% evidence 35.6 out of 100 Growth Capital Valuation Relative 26. Trilogy Metals Inc. TMQ · quiet · Too little evidence to rank firmly · 50% evidence 35.5 out of 100 Growth Capital Valuation Relative 27. [REalloys Inc.](https://www.sectoralpha.in/us/stocks/aloy) ALOY · quiet · Too little evidence to rank firmly · 47% evidence 32.1 out of 100 Growth Capital Valuation Relative 28. TMC the metals company Inc. TMC · quiet · Too little evidence to rank firmly · 47% evidence 31.5 out of 100 Growth Capital Valuation Relative 29. Northern Dynasty Minerals Ltd. NAK · quiet · Too little evidence to rank firmly · 50% evidence 29.8 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Other Industrial Metals & Mining](https://www.sectoralpha.in/us/sectors/other-industrial-metals-mining), all 29 compared on one page. ## Which companies are close to Sigma Lithium in size? Sigma Lithium is the 14th largest of 20 Other Industrial Metals & Mining companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Americas Gold and Silver Corporation, Ferroglobe PLC and Santacruz Silver Mining. Just below it: United States Antimony Corporation, Elevra Lithium and REalloys Inc. ### Other Industrial Metals & Mining companies close in size 1. [Americas Gold and Silver Corporation](https://www.sectoralpha.in/us/stocks/usas) $916 million 2. [Ferroglobe PLC](https://www.sectoralpha.in/us/stocks/gsm) $721 million 3. [Santacruz Silver Mining Ltd.](https://www.sectoralpha.in/us/stocks/sczm) $629 million 4. Sigma Lithium Corporation $623 million 5. [United States Antimony Corporation](https://www.sectoralpha.in/us/stocks/uamy) $431 million 6. [Elevra Lithium Limited](https://www.sectoralpha.in/us/stocks/elvr) $425 million 7. [REalloys Inc.](https://www.sectoralpha.in/us/stocks/aloy) $417 million [All 20 Other Industrial Metals & Mining companies, largest first](https://www.sectoralpha.in/us/sectors/other-industrial-metals-mining#all-companies) ### Companies close in size in other industries 1. [Weave Communications, Inc.](https://www.sectoralpha.in/us/stocks/weav) $592 million · Health Information Services 2. [Aclaris Therapeutics, Inc.](https://www.sectoralpha.in/us/stocks/acrs) $589 million · Biotechnology 3. Sigma Lithium Corporation $586 million 4. [Invesco Mortgage Capital Inc.](https://www.sectoralpha.in/us/stocks/ivr) $583 million · REIT - Mortgage 5. [Limbach Holdings, Inc.](https://www.sectoralpha.in/us/stocks/lmb) $577 million · Building Products & Equipment ## What else do people ask about Sigma Lithium? ### What were Sigma Lithium's latest quarterly results? Sigma Lithium Corporation reported revenue of $54.7 M and a net loss of $2.6 M for the Jun 2026 quarter. Earnings per share were −$0.02. The operating margin was 24.6%, 145.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Sigma Lithium's market cap? Sigma Lithium Corporation's market capitalisation is $623 M at a stock price of $5.54. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Sigma Lithium performing? Sigma Lithium Corporation's latest readings are below. Over the past 13 weeks it has done worse than the S&P 500, for 20 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Sigma Lithium's stock price go up? This page does not forecast Sigma Lithium Corporation's stock price. What it shows instead: the stock price is $5.54. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Sigma Lithium in its business cycle? Sigma Lithium Corporation's FY25 operating margin was −19.4%, against a 3-year range of −19.4% to −2.4%: the low end of its own range, which is often where recoveries start. The latest quarter was 24.6%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Sigma Lithium story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Sigma Lithium a stock worth studying right now? What the numbers show: Sigma Lithium Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.