Sigma Lithium(SGML)

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SIGMA LITHIUM SHIPPING 22,000t TO ABU DHABI's IRH IN COMMERCIAL ALLIANCE FOR SUSTAINABLY AND ETHICALLY PRODUCED LITHIUM MATERIALS; SURPASSES 3Q 2024 PRODUCTION TARGET OF 60,000t
Prnewswire· 2024-10-23 13:00
HIGHLIGHTSThe 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 share ...
Is the Options Market Predicting a Spike in Sigma Lithium (SGML) Stock?
ZACKS· 2024-09-26 13:51
Investors in Sigma Lithium Corporation (SGML) need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 18, 2024 $45 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It co ...
SGML Stock Earnings: Sigma Lithium Misses EPS, Misses Revenue for Q2 2024
Investor Place· 2024-08-23 01:52
Sigma Lithium (NASDAQ:SGML) just reported results for the second quarter of 2024. Sigma Lithium reported earnings per share of -10 cents. This was below the analyst estimate for EPS of 10 cents. The company reported revenue of $45.92 million. This was 35.42% worse than the analyst estimate for revenue of $71.11 million. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings p ...
Sigma Lithium(SGML) - 2024 Q2 - Earnings Call Transcript
2024-08-16 15:49
Sigma Lithium Corporation (NASDAQ:SGML) Q2 2024 Earnings Conference Call August 16, 2024 8:00 AM ET Company Participants Matthew DeYoe - Executive Vice President Ana Cabral - Chief Executive Officer Conference Call Participants Steve Byrne - Bank of America Joel Jackson - BMO Andrei Kroupnik - Drakewood Operator Good morning, everyone. My name is Regina, and I will be your operator today. Welcome to the Sigma Lithium Second Quarter 2024 Earnings Conference Call. Today's call is being recorded and is broadca ...
Sigma Lithium(SGML) - 2024 Q2 - Quarterly Report
2024-08-16 01:42
Exhibit 99.1 SIGMA LITHIUM CORPORATION MANAGEMENT'S DISCUSSION AND ANALYSIS FOR THE THREE MONTHS ENDED JUNE 30, 2024 | --- | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------|-------|-------| | | | | | SIGMA LITHIUM CORPORATION | | | | MANAGEMENT'S DISCUSSION AND ANALYSIS FOR THE THREE MONTHS ENDED JUNE 30, 2024 | | | | (Expressed in thousands of Canadian dollars, except per share amounts or unless stated otherwise) | | ...
Sigma Lithium Corporation (SGML) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-08-06 23:15
Sigma Lithium Corporation (SGML) ended the recent trading session at $8.91, demonstrating a -0.89% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 1.04%. On the other hand, the Dow registered a gain of 0.76%, and the technology-centric Nasdaq increased by 1.03%. Shares of the company have depreciated by 26.73% over the course of the past month, underperforming the Computer and Technology sector's loss of 13.91% and the S&P 500's loss of 6.74%. Mar ...
SIGMA LITHIUM TO RELEASE SECOND QUARTER 2024 RESULTS AUGUST 15, 2024
Prnewswire· 2024-08-01 11:53
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 ...
Sigma Lithium Corporation (SGML) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-07-31 23:15
Sigma Lithium Corporation (SGML) closed the latest trading day at $10.93, indicating a +1.3% change from the previous session's end. The stock exceeded the S&P 500, which registered a gain of 1.08% for the day. Elsewhere, the Dow gained 0.75%, while the tech-heavy Nasdaq added 2.64%. Coming into today, shares of the company had lost 8.4% in the past month. In that same time, the Computer and Technology sector lost 5.77%, while the S&P 500 lost 0.44%. The investment community will be closely monitoring the p ...
SIGMA LITHIUM SIGNS INAUGURAL DEFERRED US$ 22.4 MILLION LETTER OF CREDIT EXPORT FINANCING WITH BANCO DO BRASIL
Prnewswire· 2024-07-29 09:00
Core Viewpoint - Sigma Lithium Corporation has signed a US$ 22.4 million deferred letter of credit for export financing with Banco do Brasil, which will enhance its commercial power and reduce interest expenses, thereby improving competitiveness in the lithium market [1][11]. Group 1: Financial Developments - The company will phase out existing trade lines in its treasury due to the lower interest export credit lines, leading to decreased recurring interest expenses [2]. - The transaction allows Sigma Lithium to offer 90-day "export vendor financing" to clients at very low interest rates, calculated based on recent production and shipment prices [11]. - The financing agreement is expected to enhance Sigma Lithium's commercial flexibility and market access, allowing it to institutionalize a price premium for its lithium concentrate [12][13]. Group 2: Production Capacity and Sustainability - Sigma Lithium's Phase 1 project entered commercial production in the second quarter of 2023, with an annual capacity of 270,000 tonnes of concentrate (36,700 tonnes of lithium carbonate equivalent) [9][13]. - The company has approved a Final Investment Decision to expand capacity to 520,000 tonnes of concentrate through a Phase 2 expansion of its Greentech Plant [9]. - Sigma Lithium is committed to producing "Quintuple Zero Green Lithium," which is characterized by zero carbon emissions, zero dirty power, zero potable water usage, zero toxic chemicals, and zero tailings dams [4][13]. Group 3: Strategic Partnerships - The partnership with Banco do Brasil marks a significant milestone for Sigma Lithium, as it gains access to trade financing instruments typically available to Brazil's largest exporters [7][12]. - The collaboration aims to strengthen Sigma Lithium's position in the Brazilian green industrialization of battery materials [7].
Global Lithium Supply on the Rise as Miners Creatively Prepare for Surging Demand Through 2030
Prnewswire· 2024-07-15 15:33
In late April, Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF) filed a new Preliminary Economic Assessment (PEA) on its flagship Hombre Muerto North Lithium Project. The new PEA further bolstered Lithium South's plans to advance the development of a lithium carbonate production facility with an annual output of 15,600 tonnes. The assessment revealed a promising financial outlook, with an after-tax Net Present Value (NPV) of US$938 million and an Internal Rate of Return (IRR) of 31.6%. The proje ...