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Sociedad Química y Minera de Chile S.A. (SQM)

NYSE - NYSE Delayed Price. Currency in USD
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48.34+0.24 (+0.50%)
At close: 4:00PM EST
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  • J
    JIII
    3rd qtr.

    SQM reported net income for the nine months ended September 30, 2020 of US$97.5 million compared to US$211.2 million for the same period the year before. Earnings per share totaled US$0.37 for the first nine months of 2020, lower than the US$0.80 reported for the first nine months of 2019. The net income was affected by a settlement fee related to a class action lawsuit against the Company in the United States which had a one-time, before-tax effect of US$62.5 million.
    Revenues for the nine months ended September 30, 2020 were US$1,303.4 million.
    Lithium sales volumes during the third quarter 2020 exceeded 17,600 metric tons, 40% higher than sales volumes reported in the second quarter of 2020. We expect sales volumes to be even higher in the fourth quarter.
    Covid-19 has impacted iodine demand but iodine prices have remained stable. We are hopeful we could see demand recovery in 2021, returning to levels seen in 2019 if the impacts of Covid-19 start to diminish in 2021.
    SQM recently qualified for both the DJSI Chile Index and DJSI MILA Pacific Alliance Index.
  • M
    MoneyMatters
    The ER wasn't very good, so expect the price to drop the next few days. Plus there is sti and oversupply of lithium on the market. How long it will be before the demand catches up to supply is anyone's guess.
  • W
    Weyrtuyww
    the chilean government will use SQM as a revenue source......government fees and taxes on your shares are greater than the dividend...and any time they want they can nationalize the company
  • S
    Scott
    I'm in $SQM as it was touted on a list of good EV investments. If you're into Lithium (And who isn't? Oh yeah, the other kind) you might throw a few dollars at a lithium company with a 6m market cap. In the last two trading days it's gone up 40% $EEMMF
  • O
    Omar
    sqm has been very bullish lately and demand for lithium is increasingly growing. I'm predicting $41.50 by the end of the year.
    Bullish
  • Y
    Yahoo Finance Insights
    Sociedad Quimica Y Minera is up 5.83% to 37.04
  • Y
    Yahoo Finance Insights
    Sociedad Quimica Y Minera is down 4.98% to 35.46
  • e
    er
    OK, what’s up with the lithium stocks??
  • A
    Andres
    SQM bribed all political parties in Chile. From the communist party to the right wing corporatist party.
    The police chiefs and generals of the army got their envelope as well. Even the mayors of the places they operate in got their "bonus".
    So with everyone taken care of SQM is ready to get the profits now that nothing opposes anything they do.
    Bullish
  • Y
    Yahoo Finance Insights
    Sociedad Quimica Y Minera reached a 52 Week high at 47.99
  • O
    Omar
    well it looks like we are back on track to $35 once more.
  • H
    Hans
    Anybody knows how many percent of the dividend withholding tax for SQM. Thank you very much.
  • O
    Oren
    Why is it down today?
  • Y
    Yahoo Finance Insights
    Sociedad Quimica Y Minera reached a 52 Week high at 43.09
  • Y
    Yahoo Finance Insights
    Sociedad Quimica Y Minera reached a 52 Week high at 46.15
  • Y
    Yahoo Finance Insights
    Sociedad Quimica Y Minera reached a 52 Week high at 46.87
  • J
    JOHN
    Sorry folks the last year for me has been a nightmare. Everything I buy goes down the hour I buy it, and goes up the hour i sell it. I thought lithium was going to be the next big thing. I bought this stock a few weeks ago at 61.00 and down it went.
  • J
    Jorge
    I think the market is reading this wrong.
    SQM should be the one to gain from the the potential lower price as it will discourage competition.
    They have the best source and logistics.
    As the process improves margins will expand again.
  • Z
    Zahid
    Excellent results and positive future outlook. Price should go up but you never know what is the plan of short sellers?
  • s
    stefan
    Not manipulation, a billion dollars worth of shares were just auctioned off at 49