Sigma Lithium COO leaves; shares fall

Sigma Lithium

05/10/2023 18:08

** U.S.-listed shares of miner Sigma Lithium  SGML.O 
 SGML.V  down 9.6% at $27.01
    ** Stock hits lowest in nearly nine months
    ** Reuters reports that SGML's chief operating officer,
Brian Talbot, has left the company after joining the role last
year
    ** In August, company had named Caio Araujo as its new CFO
    ** More than 3.9 mln shares traded, more than three times
their 25-day moving avg
    ** SGML, a take-over target, had sued its former co-CEO
Calvyn Gardner in August, accusing him of stealing trade secrets
to undermine the company's effort to sell itself 
    ** Including session's losses, stock down 4.4% YTD

 (Reporting by Sourasis Bose in Bengaluru)
 ((Sourasis.bose@thomsonreuters.com))