SQM - Shares of Sociedad Quimica y Minera S.A. (SQM) Rise to a New 52-Week High
Shares of Sociedad Quimica y Minera S.A. (NYSE:SQM) traded at a new 52-week high today of $79.29. So far today approximately 488,000 shares have been exchanged, as compared to an average 30-day volume of 1.6 million shares.
Sociedad Quimica y Minera S.A. (NYSE:SQM) is currently priced 51.3% above its average consensus analyst price target of $37.26.
In the past 52 weeks, shares of Sociedad Quimica y Minera S.A. have traded between a low of $40.53 and a high of $79.29 and is now at $76.47, which is 89% above that low price.
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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