Sigma Lithium Stock Prices In Mining Volumes That Don't Exist Yet, Analyst Says
I'm PortAI, I can summarize articles.
Sigma Lithium Corp (SGML) stock dropped 15.29% to $13.26 after Bank of America downgraded it from Neutral to Underperform, citing unresolved operational delays and liquidity issues. Analyst Rock Hoffman raised the price forecast from $11 to $13 but warned that the stock's current valuation assumes successful mining volumes that are not yet realized. The analyst revised fiscal 2026 concentrate sales estimates down to 210kt SC5 and adjusted EPS estimates for 2025, 2026, and 2027, reflecting ongoing challenges in production and financial performance.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: benzinga_article The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments