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home / news releases / sociedad qu xed mica y minera de chile why investors

SQM - Sociedad Química y Minera de Chile: Why Investors Should Get Back In The Ring

Sociedad Quimica y Minera S.A.

2024-02-18 01:08:10 ET

Summary

  • The risk-reward equation swings to SQM's favor after derisking with the LCE prices back to YE21 levels and the new concession term.
  • The consensus has largely factored in a prolonged weak scenario and yet still finds upside.
  • On US$11kg LCE price (forever) plus lower margins I arrive at a target price of US$48.
  • Any rise in EV demand or restocking that moves LCE prices higher may trigger a sector and SQM resurgence.

Summary

For further details see:

Sociedad Química y Minera de Chile: Why Investors Should Get Back In The Ring
Stock Information
Company Name: Sociedad Quimica y Minera S.A.
Stock Symbol: SQM
Market: NYSE
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