Sigma Lithium Corporation Price, Forecast, Insider, Ratings, Fundamentals & Signals

Highlights 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.

Expanding tropical forest conservation program 250km away sigma lithium today announced an expansion in the tropical forest conservation program, aimed to create a "conservation belt against deforestation" around the medio vale do jequitinhonha by acquiring areas potentially at risk to be deforested to become cattle pastures.  the company's affiliates plan to acquire land in a region located 250km away from the company, 100% within the tropical forest/ atlantic forest bioma.

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 1q24 the company is in process to start construction activities on site this month for earth civil works, foundation, and infrastructure installation mobilizing equipment and approximately 200 workers.

Sigma lithium achieved an increased premium fixed price of  us$ 1,333/t (13% vat included), equivalent to us$ 1,160/t (net of vat) for its 8th shipment of 22,000 tonnes for delivery within 2 weeks. price discovery was driven through closed private bidding, aiming to maximize the value of its commercial shipment strategy with glencore.

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.

The consensus price target hints at a 95.1% upside potential for SIGMA LITHIUM (SGML). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Sigma Lithium Corp (TSX-V:SGML, NASDAQ:SGML) announced it has started the loading of its eighth shipment of quintuple-zero green high-purity coarse lithium concentrate, totaling 22,000 tonnes, at the Port of Vitoria. The achieved price, finalized and non-provisional, marks a significant increase over previous premium prices, Sigma noted.

Sigma Lithium Corp (TSX-V:SGML, NASDAQ:SGML) unveiled an ambitious expansion of its Tropical Forest Conservation program. The initiative, aimed at curbing deforestation, entails the creation of a "Conservation Belt Against Deforestation" surrounding the Medio Vale do Jequitinhonha in Brazil.

Crisis will lead to opportunity for lithium stocks. For one, the blood is flowing in the streets with many of the top lithium names.

With slowing demand due to elevated interest rates, the mining sectors have probably been some of the most hit. Despite lithium carbonate prices having risen more than 11% on a year-to-date perspective — likely due to a strengthening market in China — lithium carbonate prices have fallen more than 53% over the past twelve months.

Sigma Lithium Corporation (SGML) Q4 2023 Earnings Call Transcript

Sigma Lithium Corp (TSX-V:SGML, NASDAQ:SGML) announced its plans to double the production of its unique Quintuple Zero Green Lithium from the current 270,000t/y to 520,000t/y. The company's Board of Directors has approved the initiation of construction for the Phase 2 Industrial Greentech Plant, which will expand the capacity by 250,000t/y with a capital expenditure of $100 million.

Sigma Lithium Corp (TSX-V:SGML, NASDAQ:SGML) has announced a significant milestone in its commercial strategy, securing an enhanced premium fixed price for its latest lithium shipment. The company has achieved a final premium price of US$1,333 per tonne (13% VAT included), translating to US$1,160 per tonne (net of VAT) for its eighth shipment comprising 22,000 tonnes.

Investors certainly can't be blamed for avoiding lithium stocks right now. Prices for the battery metal continue to be low after a year in 2023 that saw the sector implode.

If data centers are powering AI's future, mined lithium will power the EV and tech sectors, which rely on mobility. Over a 5-year period, lithium prices have reached their lowest level since August 2021.