Direct equity expression of Chile opportunity thesis. Constitutional resolution removing the license overhang. 11.4x P/E vs 15x historical at comparable operations.
Thesis reviewed May 29, 2026
SQM is headquartered in Chile, which is currently showing moderate signals.
🇨🇱Chile59NEUTRALView Chile risk detail →⛏Mining5WATCH| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| TECK | Teck Resources Limited | 14 | +19% | ↓53% | EARLY |
| GOLD | Barrick Gold Corporation | 14 | +11% | ↓53% | EARLY |
| NEM | Newmont Corporation | 14 | +10% | ↓53% | EARLY |
| RIO | Rio Tinto plc | 14 | +10% | ↓53% | EARLY |
| SAND | Sandstorm Gold Royalties Ltd. | 14 | +10% | ↓53% | EARLY |
| CX | CEMEX S.A.B. de C.V. | 14 | +5% | ↓53% | NEUTRAL |
| AG | First Majestic Silver Corp. | 14 | +13% | ↓53% | EARLY |
Investors who hold SQM may also have indirect exposure through these country funds.
SQM Atacama operations at 94% capacity — Q2 export volumes exceed guidance
Estimates · Yahoo Finance · Not audited figures