Geode Capital Management LLC lifted its position in Sigma Lithium Co. (NASDAQ:SGML – Free Report) by 8.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 117,125 shares of the company’s stock after buying an additional 9,049 shares during the quarter. Geode Capital Management LLC’s holdings in Sigma Lithium were worth $1,448,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in SGML. Public Employees Retirement System of Ohio purchased a new stake in Sigma Lithium in the 3rd quarter worth about $122,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Sigma Lithium in the 3rd quarter valued at about $299,000. State Street Corp purchased a new stake in shares of Sigma Lithium in the third quarter worth approximately $1,831,000. Polar Asset Management Partners Inc. boosted its holdings in shares of Sigma Lithium by 22.0% during the third quarter. Polar Asset Management Partners Inc. now owns 246,500 shares of the company’s stock worth $3,047,000 after purchasing an additional 44,400 shares during the period. Finally, Appian Way Asset Management LP grew its position in Sigma Lithium by 57.2% during the third quarter. Appian Way Asset Management LP now owns 4,092,401 shares of the company’s stock valued at $50,582,000 after purchasing an additional 1,488,265 shares in the last quarter. Institutional investors and hedge funds own 64.86% of the company’s stock.
Sigma Lithium Stock Down 3.0 %
Sigma Lithium stock opened at $12.44 on Friday. The firm’s 50 day moving average price is $12.67 and its two-hundred day moving average price is $12.02. The firm has a market cap of $1.38 billion, a PE ratio of -25.92 and a beta of 0.23. Sigma Lithium Co. has a twelve month low of $8.47 and a twelve month high of $28.53. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.72 and a current ratio of 0.84.
About Sigma Lithium
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.
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