Watch for Continued Gains in Shares of The Mosaic Company

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The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Shares of The Mosaic Company (NYSE: MOS) traded at a new 52-week high today of $42.22. This new high was reached on below-average trading volume as 2 million shares traded hands, while the average 30-day volume is approximately 3.8 million shares.

In the past 52 weeks, shares of The Mosaic Company have traded between a low of $16.01 and a high of $42.22 and are now at $41.68, which is 160% above that low price.

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.

The Mosaic Company is currently priced 52.8% above its average consensus analyst price target of $19.66.

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The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.

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