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
€63.80
-1.230%
With 7 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 77 € there is a positive potential of 20.69% for Sociedad Quimica y Minera de Chile SA ADR compared to the current price of 63.8 €.
