Streetbeat News

SGML

Sigma Lithium Corporation

https://www.sigmalithiumresources.com

Industry

Industrial Materials

Sigma Lithium Corporation engages in the exploration and development of lithium deposits in Brazil. It holds 100% interest in the Grota do Cirilo, Genipapo, Santa Clara, and São José properties comprising 27 mineral rights covering an area of approximately 191 square kilometers located in the Araçuaí and Itinga regions of the state of Minas Gerais, Brazil. The company was formerly known as Sigma Lithium Resources Corporation and changed its name to Sigma Lithium Corporation in July 2021. Sigma Lithium Corporation is headquartered in São Paulo, Brazil.

Open

12.57

Mkt cap

1.4B

Volume

428K

High

12.90

P/E Ratio

115.27

52-wk high

34.30

Low

12.41

Div yield

N/A

52-wk low

8.47

Sigma Lithium Corporation (SGML) experienced a stock price decline of 1.89% in the latest trading session, closing at $12.98, while the broader market saw gains.

Portfolio Pulse from

November 08, 2024 | 12:30 am

Analysts predict that Sigma Lithium Corporation (SGML) will report a decline in earnings, lacking the necessary factors for an earnings beat in its upcoming report.

Portfolio Pulse from

November 05, 2024 | 4:30 pm

Sigma Lithium is shipping 22,000 tonnes of Quintuple Zero Green Lithium to Abu Dhabi's IRH, marking its first transaction with the company. This shipment is part of Sigma's strategy to build a global, sustainable lithium supply chain. Sigma surpassed its Q3 2024 production target, producing 60,237 tonnes, and continues to focus on operational excellence and commercial alliances.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 1:01 pm

U.S. stocks rose on Wednesday, with notable gains from Arcadium Lithium, MicroCloud Hologram, Helen of Troy, Astera Labs, and others. Arcadium Lithium surged 30.5% after announcing its acquisition by Rio Tinto. Norwegian Cruise Line and GitLab also saw significant gains following analyst upgrades.

Portfolio Pulse from Avi Kapoor

October 09, 2024 | 2:38 pm

Sigma Lithium marked its first production year and announced plans to expand its industrial capacity to 125,000 t/y LCE by 2026. The company targets $420M EBITDA by 2025 and $700M by 2027, supported by capital investments and a partnership with BNDES. Sigma was recognized by Nasdaq for its climate leadership.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 8:21 pm

Sigma Lithium is shipping 2,000 tons of high-purity green lithium to Mitsubishi this week, marking a significant milestone in its operations.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 8:06 pm

U.S. stocks mostly fell with the S&P 500 down 0.5%. Notable stock movements include PureCycle Technologies up 32% after a financing update, BriaCell Therapeutics up 109% on positive clinical data, and Telesis Bio down 58% after announcing a delisting. Rentokil Initial shares fell 21% after revising guidance.

Portfolio Pulse from Avi Kapoor

September 11, 2024 | 4:13 pm

Lithium company shares are rising due to an increase in lithium prices, following the production halt at Contemporary Amperex Technology's lepidolite mine in China.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 2:36 pm

Lithium stocks are experiencing an upward trend. This includes companies like Albemarle Corporation (ALB), Altus Midstream Company (ALTM), Lithium Americas Corp (LAC), and Sociedad Química y Minera de Chile (SQM), as well as the Global X Lithium & Battery Tech ETF (LIT).

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 2:35 pm

Several stocks saw significant gains on Wednesday despite a general market downturn. Petco Health and Wellness (WOOF) rose 8.4% despite reporting larger-than-expected losses. PureCycle Technologies (PCT) jumped 20% following a financing announcement. Sigma Lithium (SGML), Lithium Americas (LAAC), and Albemarle (ALB) gained due to a rise in lithium prices. Hyliion Holdings (HYLN) rose after securing a Navy contract. Dave & Buster’s (PLAY) increased after better-than-expected earnings. AppLovin (APP) gained following a price target increase by B of A Securities.

Portfolio Pulse from Avi Kapoor

September 11, 2024 | 2:19 pm

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