81.38 0.00 (0.00%)
After hours: 4:57PM EST
|Bid||81.20 x 800|
|Ask||82.00 x 800|
|Day's Range||80.77 - 81.96|
|52 Week Range||58.63 - 93.14|
|Beta (5Y Monthly)||1.68|
|PE Ratio (TTM)||15.13|
|Earnings Date||Feb 18, 2020|
|Forward Dividend & Yield||1.47 (1.81%)|
|Ex-Dividend Date||Dec 10, 2019|
|1y Target Est||74.47|
U.S. regulators have moved a step closer toward approving Lithium Americas Corp's Nevada mine for the white metal, launching a review process that could result in final permits to build by 2021. Albemarle Corp is the only current U.S. producer of lithium. The U.S. Department of the Interior filed paperwork to ask for public comment over the next year on the Thacker Pass project's environmental impact statement, according to a post on a government website dated Jan. 21.
Albemarle Corporation (NYSE:ALB), which is in the chemicals business, and is based in United States, received a lot of...
The three major U.S. stock market indexes rose as investors looked ahead to Wednesday’s signing of the initial U.S.-China trade pact.
The materials sector includes companies engaged in the discovery, development, and processing of raw materials, which are used across many other sectors and industries. Materials stocks include manufacturers of products as varied as plastic, fertilizer, paper, concrete, and metals. Some prominent names in the materials sector include Dupont de Nemours Inc. (DD), Ecolab Inc. (ECL), and Dow Inc. (DOW).
A Chilean environmental court has upheld a complaint by indigenous communities in the country´s northern Atacama Desert about the use of water by SQM, the world´s No. 2 producer of lithium. The decision by the First Environmental Court in the nearby city of Antofagasta calls into jeopardy SQM´s $400 million plan to expand its lithium carbonate production plant to feed appetite for the ultralight battery metal. Water has become a key sticking point for the expansion plans of both SQM and top competitor Albemarle , both of which operate in the salt flats of the Atacama, the world’s driest desert, which supply more than one-third of the global supply of lithium, a key ingredient in the batteries that power electric vehicles.
Today we'll take a closer look at Albemarle Corporation (NYSE:ALB) from a dividend investor's perspective. Owning a...
Albemarle Corp, the world's largest lithium producer, expects robust long-term demand for the electric vehicle battery mineral despite troubles in the existing market resulting from oversupply, Chief Executive Luke Kissam said on Thursday. The outlook comes as shareholder anxiety about Albemarle and its peers has escalated in recent months, with the industry having produced far more of the white metal than EV makers currently need. Wall Street analysts have downgraded Albemarle and dinged Kissam's management as a result, with JPMorgan analysts going so far as to say the company is "overvalued." Albemarle's shares are down 16 percent since January.
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, will discuss its strategy to deliver profitable growth, accelerate operational efficiency and improve free cash flow to drive shareholder value at its 2019 Investor Day today in New York City.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
Chile's Atacama salt flat may get all the attention when it comes to lithium, but the South American nation is looking to develop two lesser-known deposits of the mineral needed to power a global push into electric cars. Chile's mining minister, Baldo Prokurica, told Reuters on a trip to the Atacama region the government had asked state-owned copper giant Codelco and smaller state miner National Mining Company, Enami, to forge ahead with lithium projects in the region. "It seems to me, to say the least, a sin that companies with lithium holdings like this are not even working them," Prokurica said on a tour of the Aguilar and Infieles salt flats.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...
Chilean miner SQM, the world's No. 2 lithium producer, said a month of violent protests in the South American nation would not dent the company's sales or volume forecasts for 2019. "We have had some issues with transit of our products, workers and contractors," said SQM CEO Ricardo Ramos of the company's operations. "We are going to deliver our products to our customers according to our previous forecast despite the situation in Chile," Ramos told investors on a conference call on Thursday.
The burgeoning lithium industry, which produces the powerhouse metal used to make electric vehicle (EV) batteries, has entered its first major downturn, an unwelcome bruising for investors eager to help combat climate change. Albemarle Corp, Tianqi Lithium Corp and others have been producing more lithium than automakers need. "Current market conditions are challenging," Luke Kissam, Albemarle's chief executive officer, said last week.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Albemarle Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.