MOS gains on strong demand for phosphate and potash on favorable agricultural conditions and actions to reduce costs.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Mosaic (MOS) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
MOS decides to sell its Phosphate Mining Unit in Patos de Minas, Brazil, to Fosfatados to redeploy capital to high-returning areas.
TAMPA, FL / ACCESSWIRE / January 13, 2025 / The Mosaic Company (NYSE:MOS) today announced that it has added Sonya C. Little and Kathleen M.
TAMPA, FL / ACCESSWIRE / January 13, 2025 / The Mosaic Company (NYSE:MOS) and Fosfatados Centro SPE Ltda (‘Fosfatados Centro') announced today that they have entered into an agreement for the sale of a phosphate asset owned by Mosaic located in Patos de Minas, Brazil. Upon the closing of the transaction, Fosfatados Centro will assume responsibility for the Patos de Minas mine and tailings dams and pay Mosaic $125 million (USD) in cash over six years.
MOS gains on healthy demand for phosphate and potash on the back of favorable agricultural market fundamentals amid pricing pressure.
OZK, PFBC and MOS recently announced dividend hikes.
Mosaic receives 111,012,433 shares of Ma'aden, valued at roughly $1.5 billion, by exchanging its 25% stake in MWSPC.
TAMPA, FL / ACCESSWIRE / January 2, 2025 / The Mosaic Company (NYSE:MOS) announced that it has completed the transaction with Saudi Arabian Mining Company (Ma'aden) to sell the interest it holds in Ma'aden Wa'ad Al Shamal Phosphate Company (MWSPC) and establish the company as a shareholder in Ma'aden. In this transaction, which closed on December 24, 2024, Mosaic received 111,012,433 shares of Ma'aden -valued at approximately $1.5 billion on the closing date - in exchange for Mosaic's 25 percent stake in MWSPC, previously a joint venture among Mosaic, Ma'aden and Saudi Basic Industries Corporation.
Mosaic witnesses a delay in Canpotex shipments in the first two months of the fourth quarter of 2024 due to Canadian rail and port strikes, impacting potash sales volumes.
Mosaic: Bullish Case Remains Strong Despite Q3 Miss, Tariff Concerns