|Bid||0.00 x 900|
|Ask||0.00 x 1300|
|Day's Range||162.76 - 166.35|
|52 Week Range||72.39 - 188.35|
|Beta (5Y Monthly)||1.55|
|PE Ratio (TTM)||49.32|
|Earnings Date||Aug 04, 2021|
|Forward Dividend & Yield||1.56 (0.94%)|
|Ex-Dividend Date||Jun 10, 2021|
|1y Target Est||162.13|
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will release its second-quarter 2021 earnings after the NYSE closes on Wednesday, Aug. 4, 2021.
May turned out to be the worst month for investors in Sociedad Quimica y Minera de Chile (NYSE: SQM) as the stock slumped 17.8%, according to data provided by S&P Global Market Intelligence. Much to investors' relief, though, the stock reversed course swiftly and is already up 9.8% in June, as of this writing. Lithium stocks took a hit earlier in May when Albemarle (NYSE: ALB) projected only a modest improvement in its 2021 performance and left its full-year guidance unchanged despite 12% growth in its first-quarter sales.
(Bloomberg) -- The world’s biggest lithium producer is proceeding with a project to extract more of the battery metal from the brine it pumps up from a Chilean salt flat in a sign of its confidence in the country and global demand.Albemarle Corp. is introducing a way of extracting more of the lithium that’s normally captured in salts, thereby lifting yields to 80-85% from 50-55%, Chief Executive Officer Kent Masters said in an interview.The U.S. firm and its biggest rival SQM are expanding in Ch