The Mosaic Company’s stock is down -20.13% over the last 200 days. Mosaic has a 12-month low of $31.85 and a 12-month high of $53.83. The stock has an average rating of “Buy” and an average target price of $51.19. S&P 500 has rallied 1.82% during the last 52-weeks. The Average Daily Volume for The Mosaic Company was 4037890. North Run Capital Lp is another bullish investment professional who is having 1.08 million shares of The Mosaic Company or 4.94% of their fund’s portfolio.
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Mosaic Company (The) (NYSE:MOS): On Thursday heightened volatility was witnessed in Mosaic Company (The) (NYSE:MOS) which led to swings in the share price. They set a market perform rating and a $44.00 price target on the stock. Mosaic has been losing ground for the past week and a half and sank to a new low for the year. The fertilizer maker reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.14. Potash demand could slide 8 percent next year, leading to a record surplus and lower prices, Macquarie Capital Ltd. analysts said in a report Monday. However, the standard deviation of short term price estimate has been valued at 4.36. Monsanto Co., the world’s largest seed company, plans to cut expenses by as much as $500 million because of low commodity prices and weaker foreign currencies, the St. Louis-based company said June 24.
The Mosaic Company’s short interest has changed 15% since August. The total amount of the transaction was worth $234,225, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing. In the past six months, there is a change of -10.52% in the total insider ownership. Further, Corecommodity Management Llc have 4.92% of their fund’s portfolio invested in the company for 127,872 shares. The company’s revenue for the quarter was up 2.9% compared to the same quarter previous year.
The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients.
As a result, the Minnesota-based company said it would extend maintenance downtime at its Colonsay, Saskatchewan potash mine in Western Canada. The Phosphates segment margin rate is expected to be in the low-twenty percent range as previously guided. The Phosphates section operates and owns mines and production facilities in Florida, which generate concentrated phosphate crop nutrients and phosphate – based animal feed ingredients, and processing plants. The Company mines phosphate rock in Florida and processes rock into finished phosphate products at facilities in Florida and Louisiana.
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BHP Billiton Ltd.’s prospects of building Potash Corporation of Saskatchewan Inc.
