Sigma Lithium Corp (TSX-V:SGML, NASDAQ:SGML) said JPMorgan has initiated equity research coverage on the company with an "Overweight" rating, citing a persistent industry deficit and an extended structural growth runway for the lithium producer. The bank's North America Metals & Mining team, in a 66-page initiation report, described Sigma Lithium as an "operational de-risking plus brownfield growth" story, saying the company's valuation is "being overly discounted on growth and industry risks.


