SQM Stock Summary and Trading Ideas (Sociedad Quimica Y Minera S.A. | NYSE:SQM)

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 salt brine deposits and caliche ore. SQM is developing a hard rock lithium project in Australia and expanding its lithium refining assets in China.

Sociedad Quimica Y Minera S.A. trades on the NYSE stock market under the symbol SQM.

As of April 8, 2025, SQM stock price declined to $31.61 with 2,818,517 million shares trading.

SQM has a beta of 0.69, meaning it tends to be less sensitive to market movements. SQM has a correlation of 0.10 to the broad based SPY ETF.

SQM has a market cap of $9.03 billion. This is considered a Mid Cap stock.

Last quarter Sociedad Quimica Y Minera S.A. reported $1 billion in Revenue and $.42 earnings per share. This beat revenue expectation by $64 million and missed earnings estimates by -$.12.

In the last 3 years, SQM traded as high as $115.76 and as low as $31.27.

The top ETF exchange traded funds that SQM belongs to (by Net Assets): LIT, REMX, ILF, VWO, AVEM.

SQM has underperformed the market in the last year with a price return of -33.2% while the SPY ETF lost -2.9%. SQM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -19.5% and -26.7%, respectively, while the SPY returned -15.4% and -13.5%, respectively.

SQM support price is $33.85 and resistance is $35.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SQM shares will trade within this expected range on the day.