Sociedad Quimica Y Minera De Chile SA ADR

SQM: XNYS (USA)
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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.

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