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Stock impact report

Analysts Maintain Cautious View on Sigma Lithium Corporation (SGML) Amid Operational Uncertainty [Yahoo! Finance]

Sigma Lithium Corporation (SGML) 
Company Research Source: Yahoo! Finance
TheFly reported on January 16 that Canaccord downgraded SGML from Buy to Hold and the price target to C$20.50 from C$14 as part of its Q4 preview for the Canadian critical minerals group. Although the firm increased its longer-term price assumptions for 2026 and 2027, it adopted a more cautious stance as it awaits the resumption of mining operations and greater clarity on the company's ability to use its waste piles. Separately, a day earlier, on January 15, Bank of America raised its price target on Sigma Lithium Corporation (NASDAQ:SGML) to $14 from $13 and maintained an Underperform rating. The firm described the company's recent operational update as non-consequential and non-incremental to its existing thesis, and added that a potential equity raise remains possible, even if it proves dilutive. Sigma Lithium Corporation (NASDAQ:SGML) is a leading global lithium producer focused on supplying carbon-neutral, socially and environmentally sustainable lithium concentrate for elec Show less Read more
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