The Mosaic Company (NYSE:MOS) traded at a new 12-month high today of $47.80. So far today approximately 3.1 million shares have been exchanged, as compared to an average 30-day volume of 6.4 million shares.
Formed in 2004 by the combination of IMC Global and Cargill’s fertilizer business, Mosaic is a leading producer of primary crop nutrients phosphate and potash. The company’s assets include phosphate rock mines in Florida, Louisiana, Brazil and Peru and potash mines in Saskatchewan, New Mexico, and Brazil.
In the past 12 months, The Mosaic Company share prices are bracketed by a low of $27.89 and a high of $47.80 and are now at $47.58, 71% above that low price.
The Mosaic Company is currently priced 64.9% above its average consensus analyst price target of $16.70.
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