Date | Price Target | Rating | Analyst |
---|---|---|---|
12/6/2023 | $37.00 | Buy | BofA Securities |
4/18/2023 | Speculative Buy → Buy | Canaccord Genuity | |
1/20/2023 | Outperform | BMO Capital Markets | |
1/6/2022 | Buy | B of A Securities | |
1/6/2022 | $14.00 | Buy | BofA Securities |
HIGHLIGHTS Sigma Lithium achieved strong operational performance at its Greentech industrial plant. Produced 60,237t of Quintuple Zero Lithium Concentrate in 3Q24, higher than the 60,000t guidance Further increased shipping cadence to quasi monthly volumes sold of 22,000tSales volumes totaled 57,483t in 3Q24, increasing 9% q-on-q Successfully executed Plant 1 efficiency capex revamp implementation Expects 4Q24 production and sales volumes of at least 60,000tMaintained one of the lowest cash unit operating costs in the industry, with CIF China averaging US$ 513/t, down from US$ 515/t in 2Q24.Commercial strategy adapted to capitalize on seasonal restocking trends, weather seasonality more effe
SÃO PAULO, Nov. 14, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ:SGML, BVMF: S2GM34, TSXV:SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate announces it will release financial results for the third quarter ended September 30, 2024 before the market opens on November 15, 2024. Additionally, the Company is pleased to announce the appointment of Irina Axenova as Vice President Investor Relations. Ms. A
HIGHLIGHTS The Company announces that it is shipping 22,000 tonnes of Quintuple Zero Green Lithium to International Resources Holding (IRH), the official trading company established by the Abu Dhabi Emirate.This represents Sigma's first transaction with IRH, broadening its commercial strategy of encompassing partners with strong balance sheets.Provisional price for this shipment is set at 8.25% of the price of battery grade lithium carbonate quoted at GFEX at shipment date. This shipment demonstrates a shared commitment of Sigma Lithium and IRH to create a low cost, resilient global supply chain built upon the foundation of delivering lithium materials that enable traceability and ethical so
On 24 September, Sigma Lithium hosted its 2024 Investor Day, marking the first year of production and its record-setting ramp-up of its industrial Greentech Plant.The Company outlined its capital-efficient construction plans to reach approximately 125,000 t/y LCE of industrial capacity by 2026, cementing Sigma as a lasting industry leader.Projections are underpinned by higher production from two new industrial lines, a first production expansion with capacity of 34,000t LCE /250,000t of lithium concentrate, commissioning in 2025 and our phase 3 expansion with capacity of 54,000t LCE /400,000t of lithium concentrate commissioning in 2026. These two additional production lines are extensions o
HIGHLIGHTS Sigma Lithium maintains the operational consistency of a seasoned producer, shipping its 12th vessel of Quintuple Zero Green Lithium to Mitsubishi.This is Sigma Lithium's second sale to Mitsubishi, a large industrial and trading conglomerate ("keiretsu") headquartered in Japan.Sigma Lithium remains on track to deliver its 3Q production target of 60,000 tonnes of Quintuple Zero Green Lithium.Sigma Lithium has appointed Rogerio Marchini as Executive Vice President of Corporate Finance and Chief Financial Officer, bolstering the Company's finance team.SÃO PAULO, Brazil, Sept. 16, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ:SGML, BVMF: S2G
Highlights: Sigma Lithium has received a binding commitment from BNDES (National Brazilian Bank for Economic and Social Development) for a BRL487 million development loan to fully fund the construction of Sigma Lithium's Second Greentech Carbon Neutral Plant in Brazil.Sigma has initiated construction activities on site while conducting detailed engineering work following the Final Investment Decision made by its Board of Directors. Based on the current construction timetable, the Company plans to complete construction and commissioning in the summer of 2025.The Development Loan provides the Company with a 16-year repayment period at a very low interest rate, a hallmark of development debt fi
2Q OPERATIONAL HIGHLIGHTS (USD) Sigma Lithium achieved "all-around" operational efficiency in 2Q24, reaching metrics of larger seasoned producers:Further increased cadence of volumes sold of Quintuple Zero High Purity Lithium Concentrate ("5.0 Green Lithium")Achieved sales volumes of 52,572t in 2Q24The Company expects total production of 5.0 Green Lithium in 3Q 24 of 60,000tContinues to increase sales price premium relative to peer lithium producers:Maintained average of 10% price premiumization year to dateEstablished track record of delivering high quality lithium materials to leading supply chains, increasing commercial assertiveness and flexibilityDiversified commercial relationships by
HIGHLIGHTS Sigma Lithium demonstrates the consistent operational cadence of a seasoned producer completing its first year of production with the 11th shipment of 22,000t of Quintuple Zero Green Lithium loaded at the Port.By achieving this cadence of shipments, the Company concluded the fastest ramp-up in the lithium industry amongst current producers, and one of the fastest in the base metals industry. The Company reached on Aug. 9 another operational milestone of a seasoned producer, achieving 365 consecutive days with no fatalities and zero accidents with loss of workdays amongst its 618 employees.As a result, the Company was catapulted to the equivalent of second place in the ICMM (Intern
SÃO PAULO, Aug. 1, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ:SGML, BVMF: S2GM34, TSXV:SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate announces it will release its financial results for the second quarter ended June 30, 2024 after market close on August 15, 2024. The release will be followed by an investor conference call on August 16, 2024, at 8:00am eastern time. Sigma Lithium's first quarter
HIGHLIGHTS Sigma Lithium signed on July 24, 2024 a deferred US$ 22.4 million letter of credit (the "Transaction") with Banco do Brasil. This Transaction strengthens Sigma's commercial power, enabling it to offer 90-day "export vendor financing" to its clients at very low interest rates.The Transaction amount was calculated based on the 22,000t July 5th production and shipment at the price of 8.75% of Lithium Hydroxide quoted at LME.The Transaction represents the inaugural solution for the Company developed in tandem with Banco do Brasil to deepen Sigma Lithium's commercial partnerships during the seasonal lithium purchase cycles.As a result of the Transaction, Sigma Lithium will gradually ph
BofA Securities resumed coverage of Sigma Lithium with a rating of Buy and set a new price target of $37.00
Canaccord Genuity upgraded Sigma Lithium from Speculative Buy to Buy
BMO Capital Markets initiated coverage of Sigma Lithium with a rating of Outperform
B of A Securities initiated coverage of Sigma Lithium with a rating of Buy
BofA Securities initiated coverage of Sigma Lithium with a rating of Buy and set a new price target of $14.00
SC 13G/A - Sigma Lithium Corp (0001848309) (Subject)
SC 13G - Sigma Lithium Corp (0001848309) (Subject)
SC 13G/A - Sigma Lithium Corp (0001848309) (Subject)
SC 13G/A - Sigma Lithium Corp (0001848309) (Subject)
SC 13G - Sigma Lithium Corp (0001848309) (Subject)
SC 13G - Sigma Lithium Corp (0001848309) (Subject)
6-K - Sigma Lithium Corp (0001848309) (Filer)
6-K - Sigma Lithium Corp (0001848309) (Filer)
6-K - Sigma Lithium Corp (0001848309) (Filer)
6-K - Sigma Lithium Corp (0001848309) (Filer)
SD - Sigma Lithium Corp (0001848309) (Filer)
6-K - Sigma Lithium Corp (0001848309) (Filer)
6-K - Sigma Lithium Corp (0001848309) (Filer)
6-K - Sigma Lithium Corp (0001848309) (Filer)
6-K - Sigma Lithium Corp (0001848309) (Filer)
6-K - Sigma Lithium Corp (0001848309) (Filer)
HIGHLIGHTS Sigma Lithium achieved strong operational performance at its Greentech industrial plant. Produced 60,237t of Quintuple Zero Lithium Concentrate in 3Q24, higher than the 60,000t guidance Further increased shipping cadence to quasi monthly volumes sold of 22,000tSales volumes totaled 57,483t in 3Q24, increasing 9% q-on-q Successfully executed Plant 1 efficiency capex revamp implementation Expects 4Q24 production and sales volumes of at least 60,000tMaintained one of the lowest cash unit operating costs in the industry, with CIF China averaging US$ 513/t, down from US$ 515/t in 2Q24.Commercial strategy adapted to capitalize on seasonal restocking trends, weather seasonality more effe
SÃO PAULO, Nov. 14, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ:SGML, BVMF: S2GM34, TSXV:SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate announces it will release financial results for the third quarter ended September 30, 2024 before the market opens on November 15, 2024. Additionally, the Company is pleased to announce the appointment of Irina Axenova as Vice President Investor Relations. Ms. A
2Q OPERATIONAL HIGHLIGHTS (USD) Sigma Lithium achieved "all-around" operational efficiency in 2Q24, reaching metrics of larger seasoned producers:Further increased cadence of volumes sold of Quintuple Zero High Purity Lithium Concentrate ("5.0 Green Lithium")Achieved sales volumes of 52,572t in 2Q24The Company expects total production of 5.0 Green Lithium in 3Q 24 of 60,000tContinues to increase sales price premium relative to peer lithium producers:Maintained average of 10% price premiumization year to dateEstablished track record of delivering high quality lithium materials to leading supply chains, increasing commercial assertiveness and flexibilityDiversified commercial relationships by
SÃO PAULO, Aug. 1, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ:SGML, BVMF: S2GM34, TSXV:SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate announces it will release its financial results for the second quarter ended June 30, 2024 after market close on August 15, 2024. The release will be followed by an investor conference call on August 16, 2024, at 8:00am eastern time. Sigma Lithium's first quarter
FIRST QUARTER 2024 HIGHLIGHTS ($ USD) Strengthened commercial position in May, achieving a premium price of USD $1,290/t, at a fixed formula of 9% of lithium hydroxide quoted at LME, delivering:11% price increase from April25% price increase from 1Q24 realized sales price (USD $930/t or $1,035/t on a 6% basis)Revenues from volumes of Quintuple Zero High Purity Lithium Concentrate sold in 1Q totaled $49.1 million. Sales volumes totaled 52,857/tProduction volumes totaled 54,168/tReduced reported cash cost by 16% from 4Q23, approaching 3Q cost guidance:FOB cash costs of $462/t (guidance $420/t)Cash costs at industrial plant gate averaging $397/t (guidance of $370/t)Robust 1Q24 EBITDA margins: 3
SÃO PAULO, May 15, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ:SGML, BVMF: S2GM34, TSXV:SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, announces it will release its financial results for the first quarter ended March 31, 2024 before market open on May 16, 2024. The release will be followed by an investor conference call the same day at 12:00 p.m. ET. To register for the call, please proceed thr
Reports Unaudited Financial Information For 4Q23 And Full Year 2023 (All Figures in US$) FINAL INVESTMENT DECISION: CONSTRUCTION OF PHASE 2 INDUSTRIAL PLANT Sigma Lithium announces that it concluded the Final Investment Decision to double production of its unique Quintuple Zero Green Lithium from current 270,000t/y to 520,000t/y.The Board of Directors approved the initiation of construction of a second line of its Greentech Industrial Plant ("Phase 2 Industrial Greentech Plant") expanding capacity by 250,000t/y, with Capex of $100mm (FEL3)Sigma had already been awarded a full environmental license to build and operate the Phase 2 Industrial Plant in 1Q24The Company is in process to start co
SÃO PAULO, March 21, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ:SGML, BVMF: S2GM34, TSXV:SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, announces it will file its consolidated financial statements for the year ended December 31, 2023, and the related MD&A on March 30, 2024. The earnings release and report will be available before market open on April 1, 2024, and will be followed by an investor conference call the same day at 10:00 a.m. ET. Dial in information for the call will be provided in the earnings pr
INVESTOR VIDEO CONFERENCE CALLFebruary 1, 2023, at 1:00 PM (EST)Registration Link for Zoom video call below:https://us06web.zoom.us/j/88211037256 Zoom Meeting ID: 882 1103 7256 AUDITED NI 43-101 MINERAL RESOURCE UPDATE VALIDATES SIGNIFICANT SCALE Sigma Lithium announces a significant increase in its Audited NI 43-101 Mineral Resource to 109 million tonnes of measured, indicated and inferred mineral resource at its Sigma Brazil, 100% owned Grota do Cirilo operation at Vale do Jequitinhonha: composed of 94.3Mt of measured & indicated ("M&I") resource at an average grade of 1.40% Li2O, together with additional 14.6Mt of inferred resource at 1.37% Li2O. Newly revised NI 43-101 Mineral Resource
SAO PAOLO, Nov. 14, 2023 /PRNewswire/ -- SIGMA Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ:SGML, TSXV:SGML, BVMF: S2GM34))), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, responsibly sourced chemical grade lithium concentrate, today announced its results for the third quarter ended September 30, 2023. The Quarterly Filings and accompanying Management Discussion and Analysis ("MD&A") are available on SEDAR+ (www.sedarplus.ca), EDGAR (www.sec.gov) and the Company's corporate website. THIRD QUARTER 2023 AND RECENT HIGHLIGHTS ($ USD) Sigma Lithium reported third-quarter revenue of USD $97 million, marking
Sigma Lithium completed the sale of its 10th shipment of 22,000t of Quintuple Zero Green Lithium at a premium floating price of 8.75% of LME Lithium Hydroxide (CIF Shanghai basis). The Quintuple Zero Green Lithium will be shipped in early July, capping our first 11 months of consistent shipments and demonstrating the operational discipline of a seasoned producerSAO PAULO, July 1, 2024 /PRNewswire/ -- Sigma Lithium Corporation (NASDAQ:SGML) (BVMF: S2GM34) (TSXV:SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, is pleased to announce it completed the sale of
On CNBC's “Mad Money Lightning Round,” Jim Cramer said Arista Networks, Inc. (NYSE:ANET) reported an “unbelievable” quarter, and the company's CEO Jayshree Ullal is doing a “terrific” job. He added, “All of these stocks are a little volatile right now, but I think you want to own it and buy it into the volatility.” On May 7, Arista Networks posted strong first-quarter earnings and issued upbeat guidance. The company’s board of directors authorized an additional $1.2 billion stock repurchase program. Cramer said Trump Media & Technology Group Corp. (NASDAQ:DJT) is the most volatile stock he has ever come across. He added, “That is a wild one, I don't know. I mean, it depends on the
B of A Securities analyst John Murphy maintains Sigma Lithium (NASDAQ:SGML) with a Buy and raises the price target from $25 to $29.
Sigma Lithium (NASDAQ:SGML) reported quarterly losses of $(0.06) per share. This is a 71.43 percent increase over losses of $(0.21) per share from the same period last year. The company reported $37.40 million in sales this quarter.
Sigma Lithium announces that it has commenced loading its 8th shipment, totaling 22,000 tonnes of its Quintuple Zero Green, high purity and coarse lithium concentrate, at the Port of Vitoria.The Company achieved a premium fixed price of US$ 1,333/t (13% VAT included), equivalent to US$ 1,160/t (net of VAT) through a negotiated, fixed, "auction-price discovery" process.Sigma Lithium will continue to adapt its commercial strategy to maximize price discovery and value creation for its April 2024 production, to be shipped in early May.SÃO PAULO, April 15, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ:SGML, BVMF: S2GM34, TSXV:SGML), a leading global lit
Sigma Lithium Corporation (NASDAQ:SGML) shares are trading higher after the company disclosed fourth-quarter FY23 results and a Final Investment Decision (FID) to double the production of its Quintuple Zero Green Lithium. The company reported revenue of $37.7 million and made three shipments of Quintuple Zero Green Lithium concentrate, totaling 64,670 tonnes in the quarter. Revenue was impacted by an adjustment of about $30 million, partly due to a lithium price decline. The average realized price of concentrate shipped in the fourth quarter was $1,067/tonne. On a recurring, pro forma, basis, the company estimates its quarterly cash operating costs averaging $384/tonne, or $455/tonn
HIGHLIGHTS Sigma Lithium maintains the operational consistency of a seasoned producer, shipping its 12th vessel of Quintuple Zero Green Lithium to Mitsubishi.This is Sigma Lithium's second sale to Mitsubishi, a large industrial and trading conglomerate ("keiretsu") headquartered in Japan.Sigma Lithium remains on track to deliver its 3Q production target of 60,000 tonnes of Quintuple Zero Green Lithium.Sigma Lithium has appointed Rogerio Marchini as Executive Vice President of Corporate Finance and Chief Financial Officer, bolstering the Company's finance team.SÃO PAULO, Brazil, Sept. 16, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ:SGML, BVMF: S2G
HIGHLIGHTS Sigma Lithium is honored to welcome Eugenio de Zagottis as its third independent director, elected at the AGSM with an overwhelming majority of 99%.Mr. Zagottis is a renowned businessman in Brazil who was instrumental in building Raia Drogasil healthcare from a small private company in 2008 into the largest Latin American drug retailer and one of the 15 largest in the world.The AGSM Elected the directors of the Company for the ensuing year, to hold office until the next annual meeting of shareholders. The current board composition diversifies the skillset of its members, supporting the Company as we double our business, as follows:Alex Rodrigues (Environmental and Social), Ana Ca
FUTURE INVESTMENTS INITIATIVES Sigma Lithium was honored to join a delegation from Saudi Arabia, the President of Brazil, the Governor and Mayor of Rio de Janeiro and business leaders at Saudi Arabia's Future Investments Initiatives Priority Summit held in Rio de Janeiro, ahead of the 2024 G20 summit in Brazil.Under the theme "Invest in Dignity," Saudi Arabia's first flagship summit in Brazil explored investing in the energy transition, technology, and how social inclusion can build a global order that prioritizes dignity for all.Sigma Lithium's Vice President of Institutional Relationships and Government Affairs, Ligia Pinto, co-chaired a discussion conclave with Saudi Aramco on "Tran
USA News Group Commentary VANCOUVER, BC, April 30, 2024 /PRNewswire/ -- Coming off a major market correction in 2023 down from 2-2022's record highs, the lithium market is primed for a rebound in 2024. Analysts at MorningStar using data shared from Platts, LME, Benchmarked Minerals, Fastmarkets, and MorningStar itself are forecasting lithium prices to stabilize and rise in 2024, and to nearly double from $17,000 to $30,000 per metric ton from 2023 to 2030. As the Electric Vehicle (EV) market moves towards a projected $1.66 trillion by 2030, lithium demand is expected to triple from 2022 levels over that time. Today with more than 65% of the world's lithium reserves, it's in Latin America whe
Sigma Lithium was awarded its environmental operating license ("Licenca Operacional" or "LO") to operate its wholly owned Grota do Cirilo project, the largest hard-rock lithium project in the Americas, and to produce Battery Grade Sustainable Lithium Concentrate ("Green Lithium")Sigma Lithium received unanimous approval including the votes by all NGO members at a vote held on March 31, 2023 at the CMI, the chamber of mining activities ("Camara Tecnica Especializada em Atividades Minerarias") in Minas Gerais in BrazilMinas Gerais state environmental regulator COPAM issued the LO, which is the final step of the environmental licensing process The LO enables the company to sell all Green Lithiu
VANCOUVER, BC, Nov. 18, 2022 /PRNewswire/ -- HIGHLIGHTS OF CONSTRUCTION ADVANCEMENT DURING THIRD QUARTER Sigma Lithium construction activities advanced significantly on multiple fronts during the third quarter of 2022. Construction progress movie can be viewed here.Sigma Lithium remains on track to initiate commissioning of the crushing plant by year end, planning to commence commercial production in April 2023:Expected to generate significant free cash flows in the second quarter of 2023, as one of the lowest cost producers of battery grade lithium concentrate.Further benefit
HIGHLIGHTS Sigma Lithium welcomes Dana Perlman as its third independent director: Ms. Perlman is an incredibly accomplished businesswoman with significant expertise in strategy, finance, investment banking, corporate governance, financial reporting, internal controls and complianceThis appointment is consistent with the Company's objectives to adhere to best practices in governance, diversity, equity and inclusion: With this appointment, 50% of Sigma Lithium's Board of Directors are independent directors, 33% females and 50% underrepresented groupsVANCOUVER, BC, Sept. 15, 2022 /PRNewswire/ -- SIGMA Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ:SGML, TSXV:SGML), dedicated to
SECOND QUARTER ACHIEVEMENTS During a transformative second quarter, Sigma Lithium significantly increased the scale of the Project:Doubled its planned near-term production to 531,000 tonnes per year of Battery Grade Sustainable LithiumIncreased by ~50% the Project's NI 43-101 total mineral resource estimate to 86 Mt with increased average resource grade of 1.43% of high purity spodumene lithium oxide Received an extension of its environmental license to allow for increased production levels, with simultaneous mining from the north and south pit of the Project's Phase 1 deposit licensing additional areas for dry stacked tailingsSigma Lithium continued to achieve construction milestones, advan