Sociedad Química y Minera de Chile S.A. (SQM) Forms $53.71 Double Top; EQUINOX GOLD COMMON SHARES (LWLCF) Shorts Up By 35.92%

Sociedad Química y Minera de Chile S.A. (SQM) formed double top with $57.47 target or 7.00% above today’s $53.71 share price. Sociedad Química y Minera de Chile S.A. (SQM) has $14.14B valuation. The stock decreased 8.02% or $4.68 during the last trading session, reaching $53.71. About 4.04M shares traded or 201.01% up from the average. Sociedad Química y Minera de Chile S.A. (NYSE:SQM) has risen 69.80% since February 27, 2017 and is uptrending. It has outperformed by 53.10% the S&P500.

EQUINOX GOLD CORP COMMON SHARES (OTCMKTS:LWLCF) had an increase of 35.92% in short interest. LWLCF’s SI was 180,100 shares in February as released by FINRA. Its up 35.92% from 132,500 shares previously. With 266,900 avg volume, 1 days are for EQUINOX GOLD CORP COMMON SHARES (OTCMKTS:LWLCF)’s short sellers to cover LWLCF’s short positions. The SI to EQUINOX GOLD CORP COMMON SHARES’s float is 0.15%. The stock decreased 1.12% or $0.0104 during the last trading session, reaching $0.9191. About shares traded. Equinox Gold Corp. (OTCMKTS:LWLCF) has 0.00% since February 27, 2017 and is . It has underperformed by 16.70% the S&P500.

Among 9 analysts covering Sociedad Quimica y Minera de Chile (NYSE:SQM), 3 have Buy rating, 1 Sell and 5 Hold. Therefore 33% are positive. Sociedad Quimica y Minera de Chile had 25 analyst reports since August 28, 2015 according to SRatingsIntel. The stock of Sociedad Química y Minera de Chile S.A. (NYSE:SQM) has “Hold” rating given on Thursday, October 5 by BMO Capital Markets. As per Wednesday, September 13, the company rating was upgraded by Bank of America. The rating was downgraded by Citigroup on Wednesday, July 13 to “Sell”. The stock of Sociedad Química y Minera de Chile S.A. (NYSE:SQM) has “Hold” rating given on Tuesday, November 17 by HSBC. The firm earned “Buy” rating on Thursday, January 18 by Deutsche Bank. The rating was maintained by BMO Capital Markets on Thursday, July 6 with “Hold”. The rating was downgraded by HSBC to “Reduce” on Wednesday, October 11. JP Morgan downgraded the shares of SQM in report on Wednesday, September 30 to “Neutral” rating. As per Tuesday, August 29, the company rating was maintained by BMO Capital Markets. The stock has “Buy” rating by Bank of America on Friday, December 18.

Analysts await Sociedad Química y Minera de Chile S.A. (NYSE:SQM) to report earnings on March, 7. They expect $0.42 earnings per share, up 35.48% or $0.11 from last year’s $0.31 per share. SQM’s profit will be $110.54M for 31.97 P/E if the $0.42 EPS becomes a reality. After $0.43 actual earnings per share reported by Sociedad Química y Minera de Chile S.A. for the previous quarter, Wall Street now forecasts -2.33% negative EPS growth.

Trek Mining Inc. engages in the acquisition, exploration, and development of mineral deposits. The company has market cap of $404.40 million. The firm primarily holds 100% interests in the Aurizona gold project covering approximately 241,400 hectares located in Brazil; and the Warintza copper-molybdenum exploration property with eight metallic mineral concessions covering 26,777 hectares located in Ecuador, as well as 75% interests in the Koricancha gold and silver milling operation located in Peru. It has a 919.1 P/E ratio. It also holds 100% interests in the Ricardo copper-molybdenum property covering approximately 16,000 hectares located in the Chuquicamata mining district of Northern Chile; and the ELK gold property with 27 contiguous mineral claims and 1 mining lease covering 16,566 hectares located near Merritt, British Columbia.