Shares of Sociedad Quimica y Minera S.A. (NYSE:SQM) traded today at $67.48, eclipsing its 52-week high. Approximately 262,000 shares have changed hands today, as compared to an average 30-day volume of 1.5 million shares.
Based on a current price of $66.78, Sociedad Quimica y Minera S.A. is currently 26.3% above its average consensus analyst price target of $49.23.
Sociedad Quimica y Minera de Chile is a Chilean commodities producer with significant operations in lithium (for electric vehicle batteries), specialty potassium fertilizers, iodine (for X-ray contrast media), and solar salts. The company extracts these materials through its high-quality caliche ore and salt brine deposits.
In the past 52 weeks, Sociedad Quimica y Minera S.A. share prices are bracketed by a low of $40.53 and a high of $67.48 and is now at $66.78, 65% above that low price.
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