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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.

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Source Fool.com

Sociedad Quimica y Minera de Chile SA ADR Stock

€62.00
1.640%
Sociedad Quimica y Minera de Chile SA ADR gained 1.640% today.
We see a rather positive sentiment for Sociedad Quimica y Minera de Chile SA ADR with 7 Buy predictions and 1 Sell predictions.
As a result the target price of 77 € shows a positive potential of 24.19% compared to the current price of 62.0 € for Sociedad Quimica y Minera de Chile SA ADR.
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