Why Sociedad Quimica Stock Powered Higher Today
Sociedad Quimica y Minera de Chile (NYSE: SQM) stock, "SQM" to its friends, jumped 12.7% through 12:30 p.m. ET Monday on positive news out of China.
As Reuters reports today, Ganfeng Lithium Group chairman Li Liangbin believes global Lithium demand could grow 30% to 40% in in 2026.
Image source: Getty Images.
Source Fool.com
Sociedad Quimica y Minera de Chile SA ADR Stock
€75.60
-6.670%
With 8 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
On the other hand, the target price of 75 € is below the current price of 75.6 € for Sociedad Quimica y Minera de Chile SA ADR, so the potential is actually -0.79%.
