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SIGMA LITHIUM STREAMLINES LEADERSHIP COMBINING KEY ROLES UNDER VETERAN VPs; ANNOUNCES SHAREHOLDER MEETING RESULTS; TO RELEASE 2Q FINANCIALS ON AUG 14, 2025
Prnewswire· 2025-08-08 15:11
Core Insights - Sigma Lithium Corporation is evolving into a major global "pure play" lithium oxide producer, with a production target of 270,000 tonnes in 2025 [2][5] - The company has become the world's fifth largest industrial-mineral lithium producing complex, contributing to economic development in the Vale do Jequitinhonha region of Brazil [3][12] Management Updates - Sigma Lithium has streamlined its leadership structure into seven core areas reporting directly to CEO Ana Cabral, enhancing operational focus and coordination [4][5] - Felipe Peres has been appointed as the sole Chief Financial Officer, consolidating the finance team under his leadership, while Anna Hartley returns as Head of Investor and Global Banking Relations [6][5] Annual Shareholder Meeting Results - A total of 84,270,865 common shares were represented at the annual meeting, accounting for approximately 75.73% of the total issued shares [7] - Shareholders voted 99.73% in favor of fixing the number of directors at five and approved the appointment of Grant Thornton LLP as the auditor with 99.86% support [8][10] Production and Sustainability - Sigma Lithium operates one of the largest integrated industrial lithium production sites globally, focusing on environmentally sustainable practices [12][13] - The company currently produces 270,000 tonnes of lithium oxide concentrate annually and plans to double its production capacity to 520,000 tonnes [13]
SIGMA LITHIUM (SGML) Soars 6.0%: Is Further Upside Left in the Stock?
ZACKS· 2025-07-25 17:00
Company Overview - Sigma Lithium Corporation (SGML) shares increased by 6% to close at $7.22, with notable trading volume exceeding typical levels, and a total gain of 59.1% over the past four weeks [1] - Sigma Lithium benefits from low-cost, high-efficiency lithium production and fully uncommitted output, providing flexible financing and resilience to lithium price cycles [1] Financial Performance - Sigma Lithium is expected to report a quarterly loss of $0.03 per share, reflecting a year-over-year change of +70%, with revenues projected at $45.4 million, down 1.2% from the previous year [2] - The consensus EPS estimate for Sigma Lithium has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] Industry Context - Sigma Lithium operates within the Zacks Electronics - Miscellaneous Products industry, where another company, Hayward Holdings, Inc. (HAYW), closed 0.3% higher at $15.05, with an 8.7% return over the past month [3] - Hayward Holdings' consensus EPS estimate has also remained unchanged at $0.22, representing a year-over-year change of +4.8%, and it holds a Zacks Rank of 3 (Hold) [4]
Sigma Lithium Corporation (SGML) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2025-06-30 23:16
Company Performance - Sigma Lithium Corporation's stock closed at $4.50, down 2.6% from the previous trading session, underperforming the S&P 500 which gained 0.52% [1] - Over the past month, the company's shares have decreased by 1.49%, while the Computer and Technology sector increased by 7.56% and the S&P 500 rose by 4.27% [1] Earnings Expectations - The upcoming earnings report is expected to show an EPS of -$0.03, which is a 70% improvement from the same quarter last year [2] - Revenue is anticipated to be $45.4 million, reflecting a 1.18% decline compared to the same quarter last year [2] Full Year Projections - For the full year, earnings are projected at -$0.04 per share and revenue at $193.9 million, indicating increases of 91.3% and 27.49% respectively from the previous year [3] - Recent changes to analyst estimates suggest evolving short-term business trends, with positive revisions indicating optimism about the business outlook [3] Zacks Rank and Industry Performance - Sigma Lithium Corporation currently holds a Zacks Rank of 4 (Sell), with a recent consensus EPS projection decreasing by 166.67% over the past 30 days [5] - The Electronics - Miscellaneous Products industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 146, placing it in the bottom 41% of over 250 industries [6]
Sigma Lithium(SGML) - 2025 Q1 - Quarterly Report
2025-05-15 00:04
[Management's Responsibility for Financial Reporting](index=3&type=section&id=MANAGEMENT%27S%20RESPONSIBILITY%20FOR%20FINANCIAL%20REPORTING) Management is responsible for preparing unaudited interim financial statements under IAS 34, with oversight from the Board's Audit Committee to ensure fair presentation - Management is responsible for preparing the unaudited condensed interim consolidated financial statements in accordance with International Accounting Standard 34 (IAS 34) [6](index=6&type=chunk)[7](index=7&type=chunk) - The Board of Directors, primarily through its Audit Committee composed of independent directors, oversees this process to ensure fair presentation [8](index=8&type=chunk) [Unaudited Condensed Interim Consolidated Financial Statements](index=4&type=section&id=Unaudited%20Condensed%20Interim%20Consolidated%20Financial%20Statements) [Statements of Financial Position](index=4&type=section&id=Unaudited%20Condensed%20Interim%20Consolidated%20Statements%20of%20Financial%20Position) Total assets increased to **$348.3 million** by Q1 2025, driven by receivables and PP&E, with liabilities and equity also rising Consolidated Statement of Financial Position Highlights (in thousands of USD) | Account | 3/31/2025 | 12/31/2024 | | :--- | :--- | :--- | | **Total Current Assets** | 97,865 | 92,771 | | **Total Non-Current Assets** | 250,448 | 234,347 | | **Total Assets** | **348,313** | **327,118** | | **Total Current Liabilities** | 114,603 | 108,771 | | **Total Non-Current Liabilities** | 127,617 | 126,007 | | **Total Liabilities** | **242,220** | **234,778** | | **Total Shareholders' Equity** | **106,093** | **92,340** | [Statements of Income (Loss)](index=6&type=section&id=Unaudited%20Condensed%20Interim%20Consolidated%20Statements%20of%20Income%20(Loss)) Q1 2025 saw a **net income of $4.7 million**, a turnaround from a **$6.9 million loss** in Q1 2024, driven by a **28% revenue increase** Income Statement Summary (in thousands of USD) | Metric | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Sales Revenue | 47,673 | 37,202 | | Gross Profit | 13,455 | 8,560 | | Operating Income (Loss) | 6,790 | (329) | | Financial Income (Expenses), Net | 2,938 | (7,051) | | **Net Income (Loss) for the period** | **4,728** | **(6,909)** | | Basic and Diluted EPS | $0.04 | ($0.06) | [Statements of Comprehensive Income (Loss)](index=7&type=section&id=Unaudited%20Condensed%20Interim%20Consolidated%20Statements%20of%20Comprehensive%20Income%20(Loss)) Total comprehensive income reached **$12.0 million** in Q1 2025, a significant improvement from a **$11.8 million loss** in Q1 2024, aided by foreign currency gains Comprehensive Income (Loss) Summary (in thousands of USD) | Item | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Net income (loss) for the period | 4,728 | (6,909) | | Foreign currency translation adjustment | 7,264 | (4,858) | | **Net comprehensive income (loss)** | **11,992** | **(11,767)** | [Statements of Cash Flows](index=8&type=section&id=Unaudited%20Condensed%20Interim%20Consolidated%20Statements%20of%20Cash%20Flows) Cash and cash equivalents decreased by **$14.8 million** in Q1 2025, ending at **$31.1 million**, primarily due to financing and investing outflows Cash Flow Summary (in thousands of USD) | Activity | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Net cash used in operating activities | (2,186) | (11,472) | | Net cash used in investing activities | (4,793) | (5,764) | | Net cash (used in) provided by financing activities | (10,772) | 78,610 | | **Increase (decrease) in cash** | **(14,807)** | **59,607** | | Cash, beginning of period | 45,918 | 48,584 | | **Cash, end of period** | **31,111** | **108,191** | [Statements of Changes in Shareholders' Equity](index=10&type=section&id=Unaudited%20Condensed%20Interim%20Consolidated%20Statements%20of%20Changes%20in%20Shareholders%27%20Equity) Shareholders' equity increased to **$106.1 million** by Q1 2025, driven by **$4.7 million** net income and **$7.3 million** from foreign currency translation - The main drivers for the increase in total shareholders' equity during Q1 2025 were the net income of **$4.7 million** and other comprehensive income of **$7.3 million** [17](index=17&type=chunk) [Notes to the Financial Statements](index=11&type=section&id=Notes%20to%20the%20Unaudited%20Condensed%20Interim%20Consolidated%20Financial%20Statements) [Note 1: Corporate Information](index=11&type=section&id=Note%201%20Corporate%20information) Sigma Lithium Corporation is a commercial producer of lithium oxide concentrate, with primary operating assets located in Minas Gerais, Brazil - The company is a commercial producer of lithium oxide concentrate with its operating assets located in the Jequitinhonha Valley region of Minas Gerais, Brazil [18](index=18&type=chunk)[20](index=20&type=chunk) - The company's common shares trade on the TSX Venture Exchange (TSXV) and Nasdaq under the symbol "SGML", and it also has unsponsored Brazilian Depositary Receipts (BDRs) on the B3 exchange [21](index=21&type=chunk) [Note 2: Basis of Preparation](index=11&type=section&id=Note%202%20Basis%20of%20preparation) Financial statements are prepared under IAS 34, with a retrospective change to USD as the presentation currency from CAD effective January 1, 2025 - Effective January 1, 2025, the company changed its presentation currency from Canadian Dollars (CAD) to United States Dollars (USD) [28](index=28&type=chunk) - Comparative financial information has been restated accordingly [28](index=28&type=chunk) - The company's functional currency remains the Brazilian Real (R$), as its primary operations, inflows, and outflows are based in Brazil [27](index=27&type=chunk) [Note 9: Property, Plant and Equipment](index=15&type=section&id=Note%209%20Property%2C%20plant%20and%20equipment) PP&E net book value increased to **$152.5 million** by Q1 2025, driven by **$3.7 million** in additions and **$11.1 million** from foreign currency translation PP&E Movement in Q1 2025 (in thousands of USD) | Description | Amount | | :--- | :--- | | Balance as of Dec 31, 2024 | 141,025 | | Additions | 3,668 | | Depreciation and depletion | (3,232) | | Foreign currency translation adjustment | 11,072 | | **Balance as of Mar 31, 2025** | **152,533** | - Investments related to the Phase 2 capacity expansion are ongoing, with expenditures classified as 'Assets under construction' [42](index=42&type=chunk) [Note 11: Related Parties' Transactions](index=17&type=section&id=Note%2011%20Related%20parties%27%20transactions) The company conducts various transactions with related parties, including cost-sharing, land leases, royalty payments, and a **$15.9 million** loan to Tatooine for property acquisition - Sigma Brazil has a facility agreement to loan up to **$15.0 million** to Tatooine Investimentos S.A. to fund property acquisitions in areas of interest [50](index=50&type=chunk) - As of March 31, 2025, the outstanding loan amount was **$15.9 million** [50](index=50&type=chunk) - The company pays royalties to Miazga, a related party, for mineral exploration on its land [49](index=49&type=chunk) - In Q1 2025, **$0.52 million** in royalties were recognized as an expense [52](index=52&type=chunk) Key Management Compensation (in thousands of USD) | Compensation Type | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Stock-based compensation | 306 | 913 | | Salaries, benefits and director's fees | 209 | 248 | | **Total** | **515** | **1,161** | [Note 13: Loans and Export Prepayment](index=19&type=section&id=Note%2013%20Loans%20and%20export%20prepayment) Total loans and export prepayments reached **$168.7 million** by Q1 2025, with **$20.8 million** in new proceeds and **$31.0 million** in repayments Loan and Export Prepayment Balances (in thousands of USD) | Type | Current (3/31/2025) | Non-Current (3/31/2025) | | :--- | :--- | :--- | | Export prepayment trade finance | 51,111 | - | | Export prepayment agreements - Synergy | 3,384 | 100,000 | | Finame - BDMG (Reais denominated) | 1,291 | 14,210 | | **Total (before transaction costs)** | **55,786** | **114,210** | - In Q1 2025, the company entered into new export prepayment agreements totaling **$20.8 million** with interest rates between **9.0% and 9.6% p.a.** [60](index=60&type=chunk) - The company repaid **$31.0 million** of existing agreements [60](index=60&type=chunk) - The company has a signed agreement for a **R$486.8 million** development loan from BNDES to fund the Phase 2 plant [72](index=72&type=chunk) - No drawdowns had occurred as of March 31, 2025 [72](index=72&type=chunk) [Note 19: Financial Instruments](index=27&type=section&id=Note%2019%20Financial%20instruments) The company manages foreign exchange, interest rate, market price, credit, and liquidity risks, utilizing provisional pricing and interest rate swaps - The company has significant exposure to the U.S. dollar, with net liabilities of **$99.0 million** denominated in USD as of March 31, 2025 [92](index=92&type=chunk) - A **10% adverse change** in the USD/BRL exchange rate could result in a loss of approximately **$8.6 million** [95](index=95&type=chunk) - Market price risk exists due to provisional pricing on lithium sales [100](index=100&type=chunk) - A **20% decrease** from the probable price on **73,230 kt** of lithium oxide concentrate would negatively impact sales revenue by **$11.6 million** [101](index=101&type=chunk) - The company manages credit risk by receiving advance payments for a substantial portion of its sales or by using letters of credit [102](index=102&type=chunk) [Note 20: Share Capital](index=33&type=section&id=Note%2020%20Share%20capital) As of Q1 2025, **111.3 million** common shares were outstanding, with A10 Investimentos Ltda. holding **42.85%**, and a tax incentive reserve increased by **$187 thousand** Major Shareholders as of March 31, 2025 | Shareholder | % of Voting Capital | | :--- | :--- | | A10 Investimentos Ltda. | 42.85% | | Fitpart Fund Administration Services Limited | 7.40% | | Appian Way Asset Management LP | 4.23% | | Others | 45.52% | - The company benefits from a **75% reduction** in income tax for ten years, starting in 2024 [115](index=115&type=chunk) - The saved amount is recorded in a tax incentive reserve and cannot be distributed to shareholders [115](index=115&type=chunk) - In Q1 2025, **$187 thousand** was added to this reserve [115](index=115&type=chunk) [Note 22: Sales Revenue](index=34&type=section&id=Note%2022%20Sales%20revenue) Net sales revenue for Q1 2025 increased to **$47.7 million** from **$37.2 million** in Q1 2024, despite a **$1.6 million** negative provisional price adjustment Sales Revenue Breakdown (in thousands of USD) | Component | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Lithium oxide concentrate | 49,227 | 43,246 | | Provisional price adjustment | (1,554) | (6,044) | | **Total Net Revenue** | **47,673** | **37,202** | [Note 23: Costs and Expenses by Nature](index=35&type=section&id=Note%2023%20Costs%20and%20expenses%20by%20nature) COGS increased to **$34.2 million** in Q1 2025, up from **$28.6 million** in Q1 2024, primarily due to higher logistics, royalties, and blasting/fuels costs Cost of Goods Sold Breakdown (in thousands of USD) | Category | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Mining costs | (15,842) | (16,185) | | Processing costs | (9,626) | (8,853) | | Logistics costs | (6,879) | (2,498) | | Royalties | (1,871) | (1,106) | | **Total COGS** | **(34,218)** | **(28,642)** | - Starting in 2025, stock-based compensation for certain operational personnel (**$611 thousand** in Q1 2025) is now allocated directly to cost of goods sold [118](index=118&type=chunk)[120](index=120&type=chunk) [Note 26: Stock-Based Compensation](index=38&type=section&id=Note%2026%20Stock-based%20compensation) Total stock-based compensation expense was **$1.6 million** in Q1 2025, allocated across operating expenses, COGS, and capitalized assets, with **349,102 RSUs** outstanding Stock-Based Compensation Expense Allocation (in thousands of USD) | Allocation | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Stock-based compensation expense (G&A) | 805 | 2,266 | | Cost of goods sold | 611 | - | | Property, plant and equipment | 14 | (408) | | Deferred exploration and evaluation expenditure | 144 | 46 | | **Total** | **1,574** | **1,904** | [Note 27: Legal Claim Contingency](index=39&type=section&id=Note%2027%20Legal%20claim%20contingency) The company has provisioned **$1.9 million** for probable legal losses and faces **$6.2 million** in possible losses, with a new arbitration initiated by LG Energy Solution - On March 18, 2024, LG Energy Solution initiated arbitration against the company, alleging a breach of an offtake term sheet [138](index=138&type=chunk) - The company's legal counsel has assessed the probability of loss as 'possible', and the amount involved is currently undetermined [138](index=138&type=chunk) Legal Contingencies as of March 31, 2025 (in thousands of USD) | Classification | Contingency Amount | Net Amount | | :--- | :--- | :--- | | Probable Loss | 3,772 | 1,934 | | Possible Loss | 12,240 | 6,168 | [Note 29: Subsequent Events](index=41&type=section&id=Note%2029%20Subsequent%20Events) Subsequent to Q1 2025, the company entered into additional export prepayment trade finance agreements totaling **$18.3 million** in May 2025 - In May 2025, the company secured an additional **$18.3 million** through export prepayment trade finance agreements [140](index=140&type=chunk)
SIGMA LITHIUM REPORTS 1Q25 RESULTS: STRONG MARGINS, COST OUTPERFORMANCE AND PRODUCTION ABOVE TARGET
Prnewswire· 2025-05-15 00:00
Core Insights - Sigma Lithium Corporation reported its first net income of $4.7 million for Q1 2025, marking a significant milestone in its operational performance [5][17] - The company achieved production volumes of 68,308 tonnes, a 26% increase year-over-year, and sales volumes of 61,584 tonnes, a 17% increase year-over-year [6][9] - The company is strategically positioned to enhance cash generation while advancing the construction of Plant 2, which is expected to significantly increase production capacity [5][22] Financial Performance - Revenues for Q1 2025 reached $47.7 million, a 28% increase compared to Q1 2024, despite a slight decline in sales volumes from the previous quarter [9][11] - The cost of sales was reported at $34.2 million, reflecting a 19% increase year-over-year, with a cost of sales per tonne averaging $556 [11][12] - Cash gross margin for Q1 2025 was 35%, down from 42% in Q4 2024, primarily due to higher costs of sales [15] Operational Metrics - The company maintained a cash operating cost of $458 per tonne, which is 9% below the 2025 target of $500 per tonne [12][13] - All-in sustaining cash costs (AISC) averaged $622 per tonne, remaining below the full-year target of $660 per tonne [13] - The average revenue per tonne increased by 10% year-over-year to $774 [8] Production and Expansion Plans - Sigma Lithium expects to reach a total production of 270,000 tonnes for FY25, with ongoing construction of Plant 2 aimed at doubling production capacity to 520,000 tonnes [10][29] - The company is actively pursuing long-term prepayment and offtake agreements to secure financing and support the construction of Plant 2 [19][5] - Civil works at the Plant 2 site are ongoing, with initial equipment deliveries expected in Q3 2025 [22] Balance Sheet and Liquidity - As of March 31, 2025, cash and cash equivalents totaled $31.1 million, a 32% decrease from the previous quarter [18] - The total amount of short and long-term debts was reported at $165.3 million, with net interest paid in Q1 2025 totaling $1.1 million [18]
SIGMA LITHIUM ANNOUNCES 1Q25 PREVIEW: OUTPERFORMS TARGETS, OPERATIONAL PROFITABILITY, 24% EBITDA MARGIN
Prnewswire· 2025-05-08 02:56
Core Viewpoint - Sigma Lithium Corporation has demonstrated strong operational performance in Q1 2025, exceeding production and cost targets despite a challenging lithium pricing environment [2][4]. Financial Performance - Production volumes reached 68,308 tonnes, exceeding the target of 67,500 tonnes and representing a 26% increase compared to Q1 2024 [3][4]. - Sales volumes were 61,584 tonnes, marking a 17% increase over Q1 2024 [3]. - Operating cash cost at the plant gate was US$349 per tonne, which is 12% lower than Q1 2024 and 8% better than the FY 2025 target [3][4]. - CIF China cash costs were US$458 per tonne, 17% lower than Q1 2024 and 6% better than the FY 2025 target [3]. - All-in sustaining cost (AISC) was US$622 per tonne, 20% lower than Q1 2024 and flat compared to Q4 2024 [3][4]. - Revenues reached US$47.7 million, a 28% increase over Q1 2024, despite lower lithium pricing [3][4]. - EBITDA was US$10 million, representing a 224% increase over Q1 2024 [3][4]. Community and Government Support - The company received overwhelming support from local communities, with over 2,000 supporters and 91% positive testimonials during public hearings on lithium production [4][6]. - Sigma Lithium has created over 1,700 direct jobs and 20,000 indirect jobs, benefiting more than 21,000 people through social inclusion programs [4][6]. Strategic Positioning - Sigma Lithium operates one of the world's largest lithium production sites, with plans to double production capacity to 520,000 tonnes of lithium oxide concentrate [9]. - The company's strategic location in Brazil, a diplomatically neutral and investor-friendly country, has helped it navigate global trade disruptions [4].
Sigma Lithium Corporation (SGML) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2025-05-07 15:05
Core Viewpoint - Sigma Lithium Corporation (SGML) is anticipated to report a year-over-year increase in earnings driven by higher revenues for the quarter ended March 2025, with the consensus outlook suggesting a significant impact on the stock price based on actual results compared to estimates [1][2]. Earnings Expectations - The upcoming earnings report is scheduled for May 14, 2025, with expectations that better-than-expected results could lead to a stock price increase, while disappointing results may cause a decline [2]. - The consensus estimate for quarterly earnings is projected at $0.01 per share, reflecting a year-over-year increase of +116.7%, with revenues expected to reach $50.75 million, up 35.7% from the previous year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 126.67%, indicating a reassessment by analysts of their initial estimates [4]. - The Most Accurate Estimate for Sigma Lithium aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, suggesting no recent differing analyst views [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the likelihood of actual earnings deviating from consensus estimates, with a positive ESP being a strong predictor of an earnings beat, especially when combined with a strong Zacks Rank [6][8]. - Sigma Lithium currently holds a Zacks Rank of 5, which complicates the prediction of an earnings beat [11]. Historical Performance - In the last reported quarter, Sigma Lithium was expected to post earnings of $0.06 per share but instead reported a loss of $0.08, resulting in a surprise of -233.33% [12]. - The company has not achieved an earnings beat in any of the last four quarters [13]. Conclusion - While Sigma Lithium is not positioned as a compelling earnings-beat candidate, investors are advised to consider other factors when making decisions regarding the stock ahead of the earnings release [16].
Sigma Lithium Corporation (SGML) Outperforms Broader Market: What You Need to Know
ZACKS· 2025-05-01 23:20
Sigma Lithium Corporation (SGML) ended the recent trading session at $8.15, demonstrating a +1.37% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.63% for the day. Elsewhere, the Dow gained 0.21%, while the tech-heavy Nasdaq added 1.52%.Heading into today, shares of the company had lost 18.95% over the past month, lagging the Computer and Technology sector's gain of 1.66% and the S&P 500's loss of 0.7% in that time.The investment community will be c ...
SIGMA LITHIUM TO RELEASE FIRST QUARTER 2025 RESULTS ON MAY 14, 2025
Prnewswire· 2025-04-28 21:37
Core Viewpoint - Sigma Lithium Corporation is set to release its financial results for Q1 2025 on May 14, 2025, after market close, highlighting its operational capabilities as a major lithium producer [1][2]. Group 1: Financial Results and Conference Call - The company will host a conference call on May 15, 2025, at 8:00 AM ET to discuss its financial results [2]. - Sigma Lithium achieved a production volume of over 68,000 tonnes in Q1 2025, maintaining its production cadence [2]. Group 2: Production Capacity and Sustainability - Sigma Lithium operates one of the largest lithium production sites globally, specifically the fifth-largest industrial-mineral complex for lithium oxide at its Grota do Cirilo Operation in Brazil [5]. - The company currently produces 270,000 tonnes of lithium oxide concentrate annually, with plans to double its production capacity to 520,000 tonnes through the construction of a second plant [6]. - Sigma Lithium emphasizes environmental and social sustainability, producing "Quintuple Zero Green Lithium," which is net-zero carbon lithium made without dirty power, potable water, toxic chemicals, or tailings dams [5].
Sigma Lithium Corporation (SGML) Stock Sinks As Market Gains: Here's Why
ZACKS· 2025-04-25 23:21
Core Viewpoint - Sigma Lithium Corporation's stock has underperformed in recent trading sessions, with a notable decline over the past month, while upcoming earnings are expected to show significant year-over-year growth in both earnings per share and revenue [1][2][3]. Financial Performance - Sigma Lithium Corporation is projected to report earnings of $0.01 per share, reflecting a year-over-year growth of 116.67% [2]. - The revenue estimate for the upcoming earnings disclosure is $50.75 million, indicating a 35.73% increase from the same quarter last year [2]. - For the entire fiscal year, earnings are expected to be $0.01 per share, with a revenue forecast of $194.88 million, representing increases of 102.17% and 28.13% respectively from the previous year [3]. Analyst Estimates and Market Sentiment - Recent adjustments to analyst estimates for Sigma Lithium Corporation indicate a shift in short-term business trends, with positive revisions suggesting increased confidence in the company's performance [4]. - The Zacks Rank system currently rates Sigma Lithium Corporation as 5 (Strong Sell), reflecting a significant decrease of 98.73% in the consensus EPS estimate over the last 30 days [6]. Valuation Metrics - Sigma Lithium Corporation has a Forward P/E ratio of 826, which is substantially higher than the industry average Forward P/E of 17.39 [7]. - The Electronics - Miscellaneous Products industry, which includes Sigma Lithium Corporation, is ranked 161 in the Zacks Industry Rank, placing it in the bottom 36% of over 250 industries [7][8].