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 4, 2025, SQM stock price declined to $36.66 with 1,786,923 million shares trading.

SQM has a beta of 0.68, meaning it tends to be less sensitive to market movements. SQM has a correlation of 0.09 to the broad based SPY ETF.

SQM has a market cap of $10.47 billion. This is considered a Large 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 $32.24.

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 -22.9% while the SPY ETF was flat at -0.1%. However, in the short term, SQM had mixed performance relative to the market. It has outperformed in the last 3 months, returning -0.1% vs -14.4% return in SPY. But in the last 2 weeks, SQM shares have been beat by the market, returning -16.4% compared to an SPY return of -10.4%.

SQM support price is $38.56 and resistance is $40.26 (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.