NYSE:MOSChemicals
Assessing Mosaic (MOS) Valuation After Brazil Asset Idling And Expected US$350m–US$400m Book Impact
Mosaic (MOS) is in focus after announcing plans to idle and demobilize its Araxá Mining and Chemical Complex and related Patrocínio mining operations in Brazil, with an expected pre-tax book impact of US$350 million to US$400 million.
See our latest analysis for Mosaic.
The Araxá idling news comes after a softer patch for the shares, with a 1 day share price return of 5.07% and a 30 day share price return of 4.57%. The 1 year total shareholder return of 7.64% contrasts with a 3 year total...