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Sociedad Quimica y Minera S.A. (NYSE:SQM) traded at a new 52-week high today of $98.97. Approximately 1.1 million shares have changed hands today, as compared to an average 30-day volume of 1.8 million shares.
Sociedad Quimica y Minera S.A. share prices have moved between a 52-week high of $98.97 and a 52-week low of $40.53 and are now trading 132% above that low price at $94.01 per share.
Sociedad Quimica y Minera de Chile is a Chilean commodities producer with significant operations in lithium ( primarily used in batteries for electric vehicles and energy storage systems), specialty and standard potassium fertilizers, iodine ( primarily used in X-ray contrast media), and solar salts. The company extracts these materials through its high-quality caliche ore and salt brine deposits. SQM is also developing a hard rock lithium project in Australia.
There is potential upside of 1.3% for shares of Sociedad Quimica y Minera S.A. based on a current price of $94.01 and an average consensus analyst price target of $95.22.
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