€39.70
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Sociedad Quimica y Minera de Chile SA ADR Stock
SQM, or Sociedad Química y Minera de Chile (Chemical and Mining Company of Chile), is a major global integrated specialty plant nutrition and lithium chemicals producer. The company, listed on the New York Stock Exchange under the symbol SQM, operates primarily in the production and distribution of lithium, potassium, iodine, and nitrogen-based fertilizers used in agriculture and industrial applications. With vast resources situated in the Salar de Atacama of Chile's Atacama Desert, SQM leads as one of the world's largest lithium and potassium producers. The company's diversified product portfolio and extensive market reach have positioned it to benefit from the growing demand for lithium-ion batteries and sustainable agriculture practices, making it a significant player in the global stock market.
Pros and Cons of Sociedad Quimica y Minera de Chile SA ADR in the next few years
Pros
Cons
Performance of Sociedad Quimica y Minera de Chile SA ADR vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Sociedad Quimica y Minera de Chile SA ADR | 1.280% | 1.292% | 10.423% | 14.286% | 10.734% | -62.844% | 42.029% |
| Ingevity Corp | -0.160% | 2.024% | 23.230% | 39.665% | 25.858% | - | - |
| Fuchs Petrolub SE ST | -0.780% | 0.314% | -2.294% | 1.108% | 0.948% | 33.125% | -18.578% |
| The Mosaic Co. | -0.180% | 3.306% | -9.006% | 11.351% | 25.307% | -53.864% | 83.160% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon an initial review of the financials, it appears that SQM has experienced tremendous growth in recent years, particularly in the area of Total Assets and Net Income. In the Chemicals industry, a company's financial health is crucial for generating consistent revenue and maintaining competitive advantage. Further analysis of the financial statements reveals several pros and cons that contribute to the overall impression of SQM as a viable investment opportunity.
Pros:
Growth in Total Assets: From 2020 to 2022, Total Assets increased from $4,818,463,000 to $10,819,101,000, indicating a significant improvement in the company's financial position. A higher asset base enhances the ability of a company to generate revenue and support its operations.
Comments
News
Why Sociedad Quimica y Minera Stock Popped Today
Shares of Chilean lithium mining company Sociedad Quimica y Minera (NYSE: SQM) -- simply "SQM" to its friends -- jumped 4.9% through 12:10 p.m. ET this afternoon on positive news out of Europe.
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