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

NYSE - NYSE Delayed Price. Currency in USD
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95.46+0.23 (+0.24%)
At close: 04:00PM EDT
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  • G
    Greg
    Don't get it. Here we have a company that has done really really well even relative to Lithium producers generally and it is sitting at a PE of less than 23.00 last time a checked. Understand that PE is just one metric and it not always an accurate read on the health of a company. But how can a company that is doing this will...with huge long term and structural tail winds be sitting at PE of less than 23. Only thing I can think of is that long term investors are concerned that somehow the Chilean gov will mess things up and that the government is a perceived risk that needs to be factored in? Anybody else have an idea.

    PS. In comparison, last time I checked ALB had a PE of over 100.00. Lithium America's has seen its stock price go up big time and it does yet product Lithium.

    I just don't get it.
  • M
    Mike
    $38k per mt last q. Lithium prices are now about double that! Contracts roll off and SQM gets much higher pricing!!
    And fertilizer prices are also off the charts!
    Bullish
  • I
    InvestorKen
    SQM reported on Wednesday a near twelve-fold rise in first-quarter net profit to $796 million ($2.79 per share), an increase from US$68.0 million (US$0.26 per share) reported for the three months ended March 31, 2021. Will pay an interim dividend of $2.78 per share.
    Bullish
  • M
    Mike
    $15 eps per year possible. Huge dividend payments. Great job SQM!!
  • M
    Mike
    SQM beat ALB earnings. SQM stock should be much higher.
  • c
    carmenb
    California not up yet. Need volume good luck. I do agree with Mike. We should get to $175-200 end of yr. Management and plus dividend. plus need this lithium for cars and manufacturing.
    Bullish
  • c
    cm
    I’m just approaching 100% returns on this. With the way the world is going I think time to sell up. Good luck to the rest still in it hope it breaks $110 or $120
  • M
    Mike
    Now we're moving. Looks like Chile policy will stay the same. On to $200!
    Bullish
  • M
    Mike
    Sociedad Química y Minera de Chile's dividend payout ratio is currently 12.08%!!!
    SQM ($96 stock price) did $2.79 eps this quarter.
    ALB ($236 stock price) did $2.16 eps this quarter.
    SQM stock price should be much higher.
    Bullish
  • j
    jeebenjee
    Will rockett today
  • B
    Benjamin
    they smashed earnings!!
  • M
    Mike
    Should be $200 with these numbers and dividend.
  • M
    Mike
    Hyundai to invest $5.5 billion to build EVs and batteries in Georgia
    Hyundai Motor on Friday approved plans to spend $5.54 billion to make its first reliable electric car and battery manufacturing facilities in the U.S.
    The operations are anticipated to open during the first half of 2025, with a yearly production capacity of 300,000 cars.
  • n
    natarajan
    Why did the stock give up all gains for the day? Is there a problem with the earning announcement soon?
  • Z
    ZEEshan
    Chile constitutional assembly does not okay expanded state mining rights.This is GOOD NEWS
    https://financialpost.com/pmn/business-pmn/chile-constitutional-assembly-does-not-okay-expanded-state-mining-rights
  • W
    Weyrtuyww
    Smart money simply will not invest in chile socialist goverment.....they
    're nearly as bad as USA democraps
  • H
    Helen
    $GLNCY conversation
    Regarding our limited sanctions on Russia, we are being lied to by our government and our complicit and/or incompetent media. Americans have been taught over and over again, until they finally just believed it, that Russia is no more than "a gas station masquerading as a country" (John McCain). Over and over again, we are fed that lie. We are incessantly told that all Russia produces is oil and gas.

    In the current environment where governments all over the world are being pressured to sanction Russia, this old lie has become very convenient here in the United States. It allows the administration and Congress to act as if they are already doing everything they possibly can with the energy sanctions. Our government and the complicit and/or incompetent media conveniently don't tell the public that Russia is a commodity powerhouse producing many, many commodities other than oil that make the world go around and even feed people. When you add up all the non-energy commodities Russia exports, they all add up to a massive amount (if not quite as large as the energy exports, they are not all that far behind). But our government doesn't want us to know about that. They would prefer that we believe they are already doing everything they possibly can. Well guess what? They aren't. What they could certainly be doing is sanctioning all Russian commodities, not just energy.

    Of course, our government doesn't want to do that because of the horrible economic shock it would have on our country, perhaps making the re-election of many currently in power seem a little less likely. The only reason the U.S. could so easily sanction Russian energy is because we hardly ever imported much of the stuff. It was a drop in the bucket. But the fact is that Russia is also a major global exporter of wheat, fertilizer, nickel, aluminum, copper, steel, platinum group metals (especially palladium -- 40% comes from Russia), cobalt, vanadium, and many, many other things necessary for industry (including U.S. industry). If and when the media ever become more informed and/or less complicit, perhaps they will finally tell a largely uninformed public that there is a whole whole lot more we could be sanctioning. And considering the recent atrocities displayed all over our television channels, perhaps once Americans find out that our government has hardly done anything sanctions so far compared to what they could or should be doing... perhaps then they might just pressure our government to do a whole lot more.

    Below are just a few of the many stocks that would rally hard if sanctions on Russian commodities ever expand from just oil and gas:

    $GLNCY (copper, nickel, cobalt, zinc, lead, coal) $NHYDY (low-carbon, hydropower-produced aluminum) $SQM (fertilizer, iodine, lithium) $PALL (physical palladium ETF) $SMMYY (nickel, cobalt) $AA (aluminum) $FCX (copper) $MOS (fertilizer)
    Bullish
  • H
    Helen
    The news for lithium mining companies keeps getting better and better, folks.

    BYD, China's largest EV maker and second largest globally (behind Tesla) just announced overnight that they have completely stopped all production of full ICE vehicles as of last month and will now focus all production on EVs and highly electrified PHEVs. Historically, BYD has produced EVs, PHEVs, HEVs (conventional hybrids), and full ICEs. As if the global demand for lithium wasn't already through the roof, it just got a little more intense.

    And by the way, just as Tesla this morning announced record quarterly EV sales in the first quarter, BYD overnight announced record monthly EV sales for March as well as record monthly PHEV sales.

    We are on our way to $100,000 USD / tonne for spot lithium carbonate, folks. It's just a matter of time. Last quote in Shanghai was about $78,000 / tonne.

    Now I can tell you one thing: as an investor, I can sleep much better at night owning a premier lithium mining producer (or two) knowing full well that just about every single automaker in the world will be knocking on my company's door begging for whatever amount of lithium they can possibly spare -- and at whatever price.

    $SQM $OROCF $LAC $ALB $LTHM $PLL $TSLA $BYDDY $NIO $XPEV $GM $VWAGY
    Bullish
  • P
    Phil
    why the 7.5 % drop today?
  • D
    Daniel
    quite a jump yesterday but not too much today. LG is expanding battery operations.
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