Sociedad Quimica Y Minera De Chile SA ADR
SQM: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @# | LOCK|^Px$$ | LOCK|?$w%Tp |
SQM Earnings: Profits Continue To Fall on Lower Lithium Prices, but We See Long-Term Recovery
SQM reported first-quarter earnings with gross profits down nearly 20% versus the prior-year quarter as lower lithium prices weighed on results. SQM shares were down nearly 3% at the time of writing on the news that management plans to continue its lithium expansion despite lower prices.
