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Sigma Lithium Corporation (V:SGML)

Business Focus: Specialty Mining & Metals (NEC)

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: Suite 2200
Hsbc Building, 885 West Georgia St.
VANCOUVER BC V6C 3E8
Tel: N/A
Website: https://www.sigmalithiumresources.com
IR: See website
Key People
Ana Cristina Cabral-Gardner
Co-Chairman of the Board, Chief Executive Officer
Rodrigo Nazareth Menck
Chief Financial Officer
James Neal-ellis
Vice President of Corporate Development and Investor Relations
Marina Bernardini
Chief Commercial Officer
Jamie Flegg
Chief Development Officer
Reinaldo Brandao Gomes
Head of Mining Operations
Rodrigo Roso
Chief Legal Officer
   
Business Overview
Sigma Lithium Corporation is a Canada-based global lithium producer engaged in powering electric vehicle batteries with environmentally sustainable and high-purity lithium. The Company is producing Triple Zero Green Lithium from its Grota do Cirilo Project in Brazil. The Company holds a 100% interest in four mineral properties: Grota do Cirilo, Sao Jose, Santa Clara, and Genipapo, located in the municipalities of Aracuai and Itinga, in the Vale do Jequitinhonha region in the State of Minas Gerais, Brazil (Lithium Properties). It has exploration potential including over 200 identified pegmatites on its 20,000-hectare land package, representing about 29 mineral rights. The Company has mineral properties in the exploration and evaluation stage. Its Project is located in the northeastern part of the state of Minas Gerais, in the municipalities of Aracuai and Itinga, approximately 25 kilometers (km) east of the town of Aracuai and 600 km northeast of Belo Horizonte, the state capital.
Financial Overview
For the nine months ended 30 September 2023, Sigma Lithium Corp revenues increased from C$0K to C$129.9M. Net loss decreased 46% to C$25.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Loss on heads of agreement termination decrease from C$1M (expense) to C$0K. Basic Earnings per Share excluding Extraordinary Items increased from -C$0.47 to -C$0.28.
Employees: 165 as of Dec 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $2,107M as of Sep 30, 2023
Annual revenue (TTM): $129.93M as of Sep 30, 2023
EBITDA (TTM): -$86.60M as of Sep 30, 2023
Net annual income (TTM): -$105.87M as of Sep 30, 2023
Free cash flow (TTM): -$200.01M as of Sep 30, 2023
Net Debt Last Fiscal Year: $118.49M as of Sep 30, 2023
Shares outstanding: 110,542,296 as of Mar 26, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization