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
€70.20
-0.280%
We see a rather positive sentiment for Sociedad Quimica y Minera de Chile SA ADR with 8 Buy predictions and 2 Sell predictions.
As a result the target price of 75 € shows a slightly positive potential of 6.84% compared to the current price of 70.2 € for Sociedad Quimica y Minera de Chile SA ADR.
