5 High-Growth Lithium Stocks to Buy

4. Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

YoY Growth in Revenue for the Most Recent Reported Quarter: 347.1%

Sociedad Química y Minera de Chile S.A. (NYSE:SQM) is one of the largest producers of lithium in the world and is known as a low-cost producer globally. The Santiago, Chile-based company is also involved in the production of other specialty plant nutrients and industrial chemicals.

Sociedad Química y Minera de Chile S.A. (NYSE:SQM) produces lithium from brine sources located in the Atacama Desert in Chile, which is one of the biggest and richest lithium reserves in the world. Corinne Blanchard at Deutsche Bank has given Sociedad Química y Minera de Chile S.A. (NYSE:SQM) stock a target price of $95 along with a Buy rating in a research note issued to investors on January 10.

Follow Chemical & Mining Co Of Chile Inc (NYSE:SQM)