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 |