Watch For Continued Gains In Shares Of Sociedad Quimica y Minera S.A. (SQM)

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Shares of Sociedad Quimica y Minera S.A. SQM traded today at $85.29, eclipsing its 12-month high. Approximately 141,000 shares have changed hands today, as compared to an average 30-day volume of 1.7 million shares.

Sociedad Quimica y Minera S.A. is currently priced 1.0% above its average consensus analyst price target of $83.01.

Sociedad Quimica y Minera S.A. share prices have moved between a 12-month high of $85.29 and a 12-month low of $40.53 and are now trading 107% above that low price at $83.83 per share.

Sociedad Quimica y Minera de Chile is a Chilean commodities producer with significant operations in lithium (primarily used in batteries for electric vehicles and energy storage systems), specialty and standard potassium fertilizers, iodine (primarily used in X-ray contrast media), and solar salts. The company extracts these materials through its high-quality caliche ore and salt brine deposits. SQM is also developing a hard rock lithium project in Australia.

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