Sociedad Quimica y Minera S.A. (NYSE:SQM) traded at a new 12-month high today of $99.15. So far today approximately 723,000 shares have been exchanged, as compared to an average 30-day volume of 1.9 million shares.
Sociedad Quimica y Minera S.A. is currently priced 2.8% above its average consensus analyst price target of $95.22.
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.
In the past 12 months, shares of Sociedad Quimica y Minera S.A. have traded between a low of $40.53 and a high of $99.15 and are now at $97.98, which is 142% above that low price.
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