Sigma Lithium(US:SGML) Zhi Tong Cai Jing·2025-11-05 02:00Core Viewpoint - Sigma Lithium Corp. is facing significant challenges, with market confidence in its short-term production capacity waning and potential delays in key expansion projects [1][2]. Group 1: Stock Performance - Sigma's market value has evaporated by nearly one-third, marking the worst two-day decline in 21 months [1]. - The company's stock price has dropped over 50% this year, with a 64% decrease in market value projected for 2024 [2]. - As of this week, Sigma's stock is one of the worst performers in the lithium mining index, with a more than 7% drop on Tuesday [1]. Group 2: Analyst Sentiment - BMO Capital Markets has joined other analysts in downgrading Sigma's outlook, citing concerns over the recent change in mining contractors and its impact on capital expenditures and project timelines [1]. - Analyst Joel Jackson expressed uncertainty about the reasons behind the recent stock price volatility, highlighting market doubts regarding the contractor change and the company's balance sheet [1]. Group 3: Market Conditions - Sigma is under pressure from declining battery metal prices and stricter scrutiny from investors [2]. - The global lithium market is experiencing turmoil, with electric vehicle demand growth falling short of expectations, compounded by changes in U.S. clean energy policies [2]. Group 4: Upcoming Events - Sigma is scheduled to release its third-quarter financial report on November 14, Eastern Time [3].