COMPASS MINERALS WKN: A0BKZZ ISIN: US20451N1019 Kürzel: CMP Forum: Aktien Thema: Hauptdiskussion

Compass Minerals International, based in Overland Park, Kansas, is the largest salt producer in North America and the U.K., as well as a leading producer of minerals used in fertilizing, deicing and dedusting. In mid-July, the company’s stock soared 13% after it announced finding lithium in leftover sulfate of potash brine, anticipating it will produce between 20,000 and 25,000 metric tons. The firm’s rock salt mine in Ontario and brine operations at the Great Salt Lake in Utah offer significant natural cost-cutting advantages, such as access to deep water ports and control of one of only three naturally occurring sources for sulfate of potash, a premium fertilizer. These competitive advantages, along with an exemplary capital structure, should allow Compass’ stock price room to rise, says Morningstar analyst Seth Goldstein. Morningstar has a $88 fair value estimate for CMP, and the stock closed at $69.18 on July 20.