**Sigma Lithium Corporation (SGML)** saw its shares rise by **13.6%** to **$20.70** at the close of the last trading session, marking a total gain of **73.2%** over the past four weeks. The surge was fueled by increased trading volume as **Sigma** announced a **$100 million collateralized bank guarantee** from a major Brazilian bank to fund the construction and installation of its **Greentech Industrial Plant 2**. Currently, Sigma Lithium has an annual production capacity of **270,000 tons of lithium oxide concentrate**, which is expected to nearly double to **520,000 tons** with the new expansion.
The company is projected to post quarterly earnings of **$0.12** per share, a **200%** increase year-over-year, with revenues anticipated at **$35.4 million**, down **25.7%** from the previous year. The consensus EPS estimate has been revised upward by **78.6%** in the last month, indicating potential price appreciation for the stock.
