BUZZ-Sigma Lithium falls after BofA downgrades to 'underperform'
I'm PortAI, I can summarize articles.
U.S.-listed shares of Canadian miner Sigma Lithium(SGML.V) down 5.3% at $14.83 premarketBofA Global Research cuts rating to “underperform” from “neutral” citing unresolved operational and liquidity issuesSays no clarity on resumption of mining or receipt of cash from prepayments“Even assuming a mid-January restart… it would likely take a several months to reach meaningful volumes, limiting material sales in 1Q26” - BrokerageAdds that bigger concern is SGML still has to pay regular bills without an operating mineIn 2025, stock was up 17.5%
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: Reuters 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