Sigma Lithium (OTCMKTS:SGMLF) Trading Down 56% – What’s Next?

Sigma Lithium Corporation (OTCMKTS:SGMLFGet Free Report)’s share price was down 56% during trading on Wednesday . The stock traded as low as $5.88 and last traded at $5.88. Approximately 892 shares changed hands during trading, a decline of 89% from the average daily volume of 7,771 shares. The stock had previously closed at $13.35.

Sigma Lithium Stock Performance

The business has a 50 day moving average price of $12.50 and a 200-day moving average price of $8.73.

About Sigma Lithium

(Get Free Report)

Sigma Lithium Corp. is a Canadian-based mining company focused on the development and operation of high‐purity lithium projects in Brazil. The company’s flagship asset is the Grota do Cirilo hard‐rock lithium deposit in the state of Minas Gerais, which is one of the world’s highest‐grade, large‐scale spodumene deposits. Sigma Lithium aims to produce battery‐grade lithium concentrate to supply the growing demand for electric vehicles and energy storage systems.

Through its vertically integrated operations, Sigma Lithium oversees all stages of the lithium production process, including exploration, mine development, processing, and logistics.

Read More

Receive News & Ratings for Sigma Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sigma Lithium and related companies with MarketBeat.com's FREE daily email newsletter.