Sigma Lithium boosts mineral reserves at Brazil's Grota do Cirilo [Yahoo! Finance]
Sigma Lithium Corporation (SGML)
Company Research
Source: Yahoo! Finance
This expansion equates to an additional 22.2mt, raising the consolidated reserve balance to 77mt at 1.40% lithium oxide (Li2O), up from 54.8mt at 1.44% Li2O. The reserve increase is concentrated within the combined phases three and four mines, which will extend the lifespan of Sigma Lithium's integrated mining and beneficiation operations to an estimated 25 years. This includes two processing lines with a combined capacity of 520,000t per annum, of which the second line, currently under construction, will contribute 250,000t. The company noted that the enhanced mineral reserve balance paves the way for sustained, low-cost lithium production growth at the Grota do Cirilo operations. It supports the potential addition of a third and fourth processing facility or an extended operational life for the company's planned lithium throughput Sigma Lithium anticipates maintaining its phase one low-operating-cost model as it progresses into subsequent phases, given the consistent mine
Show less
Read more
Impact Snapshot
Event Time:
SGML
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SGML alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SGML alerts
High impacting Sigma Lithium Corporation news events
Weekly update
A roundup of the hottest topics
SGML
News
- Sigma Lithium Co. (NASDAQ: SGML) had its price target raised by analysts at Bank of America Co. from $25.00 to $29.00. They now have a "buy" rating on the stock.MarketBeat
- SIGMA LITHIUM REPORTS 1Q 2024 RESULTS: MAY SHIPMENT PRICED AT $1,290, INCREASED 25% FROM 1Q; PRODUCTION COSTS AT $397/t, 2ND LOWEST IN INDUSTRY [Yahoo! Finance]Yahoo! Finance
- SIGMA LITHIUM REPORTS 1Q 2024 RESULTS: MAY SHIPMENT PRICED AT $1,290, INCREASED 25% FROM 1Q; PRODUCTION COSTS AT $397/t, 2ND LOWEST IN INDUSTRYPR Newswire
- SIGMA LITHIUM TO RELEASE FIRST QUARTER 2024 RESULTS MAY 16, 2024, BEFORE MARKET OPENPR Newswire
- SIGMA LITHIUM INCREASES PROVEN & PROBABLE OPEN PIT MINERAL RESERVE BY 40% TO 77Mt EXTENDING OPERATIONS TO 25 YEARS [Yahoo! Finance]Yahoo! Finance
SGML
Sec Filings
- 5/16/24 - Form 6-K
- 5/16/24 - Form 6-K
- 5/15/24 - Form 6-K
- SGML's page on the SEC website