Report
Seth Goldstein, CFA
EUR 101.80 For Business Accounts Only

Prolonged mining rights concerns overshadow SQM’s attractive lithium assets.

SQM shares have traded up 12% since the Dec. 15 close, to around $59 per share at the time of writing, in response to the results of the Chilean presidential election, which conservative candidate and former president Sebastian Pinera won. The shares also rallied in response to the news that the company and Corfo have agreed to begin a conciliation process. With no changes to our long-term outlook for SQM, we maintain our $46 fair value estimate.
SQM is currently in arbitration with Corfo, the C...
Underlying
Sociedad Quimica y Minera de Chile S.A. Series B ADS

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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We have operations in 27 countries.

Analysts
Seth Goldstein, CFA

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