|Day's Range||15.295 - 15.295|
|52 Week Range||14.165 - 18.170|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Weak pricing along with challenging market fundamentals and macroeconomic uncertainties are likely to dent Potash Corporation of Saskatchewan Inc.'s (POT) second-quarter performance.
U.S activist investor Elliott Management is continuing to apply pressure on BHP Billiton (BHP.AU) (BHP), warning the world's largest miner to not waste shareholder funds on expanding into potash. BHP Billiton's board will consider plans to develop the $4.7 billion Jansen potash project in Canada later this year, but some investors - including Elliott - aren't convinced the project will deliver acceptable returns. Elliott launched a campaign earlier this year to get the miner to collapse its dual-listed structure, divest its U.S. petroleum business and return more capital to investors.
PotashCorp (POT) had lackluster earnings growth last year. However, the company reported EPS (earnings per share) growth in 1Q17.