|Bid||169.09 x 1000|
|Ask||169.20 x 1300|
|Day's range||167.25 - 170.39|
|52-week range||72.39 - 188.35|
|Beta (5Y monthly)||1.55|
|PE ratio (TTM)||50.57|
|Earnings date||03 Aug 2021 - 09 Aug 2021|
|Forward dividend & yield||1.56 (0.92%)|
|Ex-dividend date||10 June 2021|
|1y target est||162.13|
May turned out to be the worst month for investors in Sociedad Quimica y Minera de Chile (NYSE: SQM) as the stock slumped 17.8%, according to data provided by S&P Global Market Intelligence. Much to investors' relief, though, the stock reversed course swiftly and is already up 9.8% in June, as of this writing. Lithium stocks took a hit earlier in May when Albemarle (NYSE: ALB) projected only a modest improvement in its 2021 performance and left its full-year guidance unchanged despite 12% growth in its first-quarter sales.
(Bloomberg) -- The world’s biggest lithium producer is proceeding with a project to extract more of the battery metal from the brine it pumps up from a Chilean salt flat in a sign of its confidence in the country and global demand.Albemarle Corp. is introducing a way of extracting more of the lithium that’s normally captured in salts, thereby lifting yields to 80-85% from 50-55%, Chief Executive Officer Kent Masters said in an interview.The U.S. firm and its biggest rival SQM are expanding in Ch
Albemarle (ALB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.