Why Are Sigma Lithium Shares Trading Higher On Monday?

Sigma Lithium Corporation (NASDAQ: SGML) shares increased by 13.08% to $11.75 on Monday following the announcement of the restart of sales for its primary product after remobilizing mine operations. The company reported total net sales of approximately $67 million for the fourth quarter of FY25 and first quarter of FY26, driven by sales of 650,000 tonnes of high-purity lithium fines. However, Sigma Lithium experienced a net revenue decline of 64.3% year-over-year and reported an EPS loss of 22 cents, missing the consensus estimate. The company has secured two significant offtake agreements, including a $96 million prepayment for 70,500 tonnes to be delivered in 2026.