SIGMA LITHIUM ANNOUNCES 3Q24 RESULTS: PRODUCTION BEATS GUIDANCE, MAINTAINED LOW COSTS AT TARGET, GENERATED ROBUST $ 34 MILLION OPERATING CASH FLOW
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Sigma Lithium reported strong 3Q24 results, surpassing production guidance and maintaining low costs. The company produced 60,237t of lithium concentrate, exceeding the 60,000t guidance, and increased sales volumes by 9% quarter-on-quarter. Operating cash flow was robust at $34 million.
November 15, 2024 | 11:15 am
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Sigma Lithium exceeded its 3Q24 production guidance, producing 60,237t of lithium concentrate and maintaining low operating costs. The company reported a robust $34 million in operating cash flow, with sales volumes increasing by 9% quarter-on-quarter.
Sigma Lithium's strong operational performance, exceeding production guidance and maintaining low costs, is likely to positively impact its stock price. The increase in sales volumes and robust operating cash flow further support a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100