Sigma Lithium Corp reports results for the quarter - Earnings Summary

• Sigma Lithium Corp SGML.V reported a quarterly adjusted loss of 31 cents​​ per share for the quarter , lower than the same quarter last year, when the company reported EPS of 45 cents. The mean expectation of four analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from 3 cents to 13 cents per share.

• Revenue fell 78.2% to C$28.28 million from a year ago; analysts expected C$72.20 million.

• Sigma Lithium Corp's reported EPS for the quarter was a loss of 31 cents​.

• Sigma Lithium Corp shares had risen by 6.4% this quarter and lost 58.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 37.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the specialty mining & metals peer group is also "buy"

Wall Street's median 12-month price target for Sigma Lithium Corp is 29.88

This summary was machine generated from LSEG data November 15 at 02:14 p.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)