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Sigma Lithium Q3 revenue falls on lower volumes due to temporary suspension of operations

By Reuters News


Overview

  • Lithium producer's Q3 2026 gross revenue fell on lower volumes due to temporary suspension

  • Adjusted EBITDA for Q3 was negative, while operating cash flow rose sharply yr/yr

  • Company issued $125 mln convertible bond, reducing short-term debt by 85%


Outlook

  • Sigma Lithium reaffirms 2027 production guidance of 330,000t from Cleantech Industrial Plant 1

  • Company expects FY27E cash flow of US$125 mln to US$290 mln at current lithium prices

  • Sigma Lithium maintains FY27E total cash cost (AISC) guidance of US$620/t


Result Drivers

  • LOWER SALES VOLUMES - Q3 revenue fell due to temporary partial suspension of operations, resulting in fewer volumes sold

  • COST LEADERSHIP - Maintained low unit costs and reduced all-in sustaining costs, supporting margins despite lower revenue


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Adjusted EBITDA

-$6.7 mln


Analyst Coverage

  • The one available analyst rating on the shares is "hold"

  • The average consensus recommendation for the non-gold precious metals & minerals peer group is "buy."

  • Wall Street's median 12-month price target for Sigma Lithium Corporation is $10.00, about 99.6% above its November 12 closing price of $5.01

  • The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 7 three months ago


Reuters Recommended Reads

  • Nov 12 - Lithium Americas returns to Q3 profit on financial gains

  • Nov 12 - Titan Mining Q3 revenue rises; lifts output guidance

  • Nov 12 - Canada's Aya Gold & Silver Q3 revenue rises on higher production


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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