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MarketBeat
MarketBeat
Business
Thomas Hughes

Sigma Lithium Proves Shorts Wrong: Market Reversal Underway

Lithium prices are enjoying a strong run, having gained more than 122% over the past year. But for the stocks of companies mining the soft silvery metal or processing it into battery-grade lithium, their prices haven't yet caught up.

That's precisely the case for Sigma Lithium (NASDAQ: SGML), which is a screaming Buy according to most market vectors, perhaps except for short sellers who have begun to cover their positions.

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