Shares of Compass Minerals Intl Inc (NYSE:CMP) traded today at $71.35, eclipsing its 52-week high. This new high was reached on below average trading volume as 62,000 shares traded hands, while the average 30-day volume is approximately 212,000 shares.
Compass Minerals produces two primary products: salt and specialty fertilizers. The company’s main assets include rock salt mines in Ontario, Louisiana, and the United Kingdom and salt brine operations at the Great Salt Lake in Utah. Compass’ salt products are used for deicing and also by industrial and consumer end markets. The firm’s largest specialty fertilizer product is sulfate of potash, which is used by growers of high-value crops that are sensitive to standard potash.
Compass Minerals Intl Inc (NYSE:CMP) defies analysts with a current price ($70.76) 2.9% above its average consensus price target of $68.74.
Over the past year, Compass Minerals Intl Inc has traded in a range of $40.28 to $71.35 and is now at $70.76, 76% above that low.
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