Sociedad Quimica y Minera S.A. with ticker code (SQM) have now 12 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 83 and 37.6 calculating the average target price we see 62.63. With the stocks previous close at 52.09 this would indicate that there is a potential upside of 20.2%. The 50 day moving average now sits at 55.79 and the 200 day MA is 52.54. The market capitalisation for the company is $14,733m. You can visit the company’s website by visiting: https://www.sqm.com
The potential market cap would be $17,714m based on the market concensus.
Sociedad QuÃmica y Minera de Chile S.A. produces and distributes specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, potassium chloride and sulfate, industrial chemicals, and other products and services worldwide. The company offers specialty plant nutrients, including potassium nitrate, sodium nitrate, sodium potassium nitrate, specialty blends, and other specialty fertilizers for crops, such as vegetables, fruits, and industrial crops. It also provides iodine and its derivatives for use in medical, pharmaceutical, agricultural, and industrial applications comprising x-ray contrast media, polarizing films for LCD and LED, antiseptics, biocides and disinfectants, pharmaceutical synthesis, electronics, pigments, and dye components. In addition, the company offers lithium carbonates for various applications that include electrochemical materials for batteries, frits for the ceramic and enamel industries, heat-resistant glass, air conditioning chemicals, continuous casting powder for steel extrusion, primary aluminum smelting process, pharmaceuticals, and lithium derivatives. Further, it supplies lithium hydroxide for the lubricating greases industry, as well as cathodes for batteries. Additionally, it offers potassium chloride and potassium sulfate for various crops, including corn, rice, sugar, soybean, and wheat; industrial chemicals, including sodium nitrate, potassium nitrate, potassium chloride, and solar salts; and other fertilizers and blends. The company was founded in 1968 and is headquartered in Santiago, Chile.
