Previous Close | 30.86 |
Open | 31.03 |
Bid | 0.00 x 800 |
Ask | 0.00 x 1300 |
Day's Range | 30.61 - 31.66 |
52 Week Range | 29.25 - 43.85 |
Volume | |
Avg. Volume | 4,807,668 |
Market Cap | 10.098B |
Beta (5Y Monthly) | 1.52 |
PE Ratio (TTM) | 8.97 |
EPS (TTM) | 3.50 |
Earnings Date | May 01, 2024 |
Forward Dividend & Yield | 0.84 (2.68%) |
Ex-Dividend Date | Jun 05, 2024 |
1y Target Est | 37.51 |
(Bloomberg) -- Mosaic Co., one of the world’s biggest phosphate producers, rose after agreeing to sell its stake in a Saudi joint venture for roughly $1.5 billion in a streamlining move aimed at boosting transparency on asset values.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsWall Street Hit by Fed Jitters to Close Wild April: Markets WrapBinance and CZ’s Fortunes Are Set to Grow, Even in JailPot Stocks Surge on Report DEA Set to Reclassify MarijuanaTesla A
Ma'aden will issue about 111 million shares to buy the 25% stake Mosaic owns in Ma'aden Wa'ad Al Shamal Phosphate Co, a joint venture between Mosaic, Ma'aden and Saudi Basic Industries Corp. Mosaic had said in February that a lot of the cash generated from the asset had gone into reducing debt and investing in the joint venture was not at the top of its priority.
TAMPA, FL / ACCESSWIRE / April 30, 2024 / The Mosaic Company (NYSE:MOS) announced today that it has entered into an agreement with the Saudi Arabian Mining Company ("Ma'aden") under which Mosaic will receive 111,012,433 shares of Ma'aden valued at ...