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
€56.60
0.710%
Currently there is a rather positive sentiment for Sociedad Quimica y Minera de Chile SA ADR with 3 Buy predictions and 1 Sell predictions.
On the other hand, the target price of 37 € is below the current price of 56.6 € for Sociedad Quimica y Minera de Chile SA ADR, so the potential is actually -34.63%.
