|Bid||47.20 x 100|
|Ask||47.90 x 100|
|Day's Range||47.14 - 48.66|
|52 Week Range||32.38 - 64.20|
|PE Ratio (TTM)||29.35|
|Forward Dividend & Yield||0.86 (1.76%)|
|1y Target Est||57.92|
On March 9, 2018, Albemarle (ALB) announced that Chile’s Economic Development Agency increased the company’s lithium quota. According to the new contract, Albemarle can produce 145,000 metric tons of lithium carbonate equivalent until 2043 in Chile. Albemarle will use its new innovative technology to produce more lithium without pumping additional brine, which could bring down its cost and improve margins.
Stock Monitor: Sociedad Quimica y Minera de Chile Post Earnings Reporting LONDON, UK / ACCESSWIRE / March 13, 2018 / Active-Investors.com has just released a free research report on FMC Corp. (NYSE: FMC ...
Citing concerns about unfair competitive advantages in the EV market, the South American country is trying to prevent the Chinese from buying Nutrien's 32% stake in the world's second-largest lithium producer.
Steel and aluminum production aren't the only industries the president wants to bring back to the United States.
The NexGen lithium sector has been a favorite of mine for some time now. In fact, Albemarle Corporation (NYSE:ALB), one of three major players in the global lithium space, was my pick for InvestorPlace.com’s Best Stocks for 2017 contest and it returned a whopping 48.6% last year.Source: fdecomite via Flickr
SQM, Albemarle, and FMC Corp. stocks have dropped due to concerns that lithium prices will decline because of a lithium oversupply in the market beginning in 2019.
On a per-share basis, the Santiago, Chile-based company said it had net income of 42 cents. The chemicals company posted revenue of $574.8 million in the period. For the year, the company reported profit ...
Santiago Stock Exchange: SQM-B, SQM-A) reported earnings today for the twelve months ended December 31, 2017 of US$427.7 million (US$1.63 per ADR), an increase from US$278.3 million (US$1.06 per ADR) reported for the twelve months ended December 31, 2016 (the 2016 results were affected by the write-off related to stopping the operations of the train, which had a one-time, before-tax effect of US$32.8 million on net income). Gross profit(3) reached US$762.5 million (35.3% of revenues) for the twelve months ended December 31, 2017, higher than US$611.0 million (31.5% of revenues) recorded for the twelve months ended December 31, 2016. Revenues totaled US$2,157.3 million for the twelve months ended December 31, 2017, representing an increase of 11.2% compared to US$1,939.3 million reported for the twelve months ended December 31, 2016.
Mexico's peso sank on Monday, hurt by worries over the future of the country's free trade deal with the United States, while Chilean equities fell on losses in a lithium miner and the forestry sector. ...
Sociedad Química y Minera de Chile, Albemarle and other lithium stocks tumbled Monday, on worries that surging output to meet demand from EV makers will weigh on prices.
Sociedad Química y Minera de Chile (SQM) is expected to report its 4Q17 earnings on February 27, 2018, with EPS (earnings per share) of $0.43. As of February 22, 2018, the consensus mean rating for Sociedad Química y Minera de Chile (SQM) from 12 analysts surveyed by Reuters was 2.3. Of those 12 analysts, three had a “strong buy” recommendation for the stock, and four had a “buy” recommendation for the next 12-month period.