NasdaqCM:SGMLMetals and Mining
Sigma Lithium (SGML): Reassessing Valuation After Record Lithium Prices, Expansion Plans and Turnaround Optimism
Sigma Lithium (SGML) just jumped again after lithium prices hit an 18 month high, and that price spike is colliding with the company’s push to expand capacity and chip away at its debt burden.
See our latest analysis for Sigma Lithium.
The latest jump fits into a sharp reversal in sentiment, with roughly a 100% 1 month share price return and 3 month share price momentum building off what is still a weak 3 year total shareholder return. Recent catalysts include record lithium prices, funding...