TSXV:SGML - Post Discussion
Post by
MightyPoPo on Jan 16, 2023 7:59am
Today's Globe
target raised to $60 by National Bank.
...to $60 from $55.50 with an “outperform” rating. The average target is $59.48.
“We highlight Sigma Lithium as a Top Pick in 2023,” she said. “Low-cost spodumene developer, expected to achieve initial production at its flagship Grota do Cirilo project in Brazil by Q2 2023, with a potential tripling of production capacity by year-end 2024 at our estimates. Our positive outlook on the company is partially offset by its tightly restricted share liquidity as well as our modestly delayed production timeline given significant torrential rainfall in Minas Gerais, Brazil in the past month impeding mining and construction operations in the region according to local reports.”
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