Intrepid Potash, Inc with ticker code (IPI) have now 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘Underperform’. The target price High/Low ranges between 35 and 29 suggesting an average Analsyt target price of $32.00. Given that the stocks previous close was at $26.72 and the analysts are correct then we can expect a percentage increase in value of 19.8%. The 50 day moving average now sits at $31.09 and the 200 day moving average is $38.89. The company has a market capitalization of $338m. Company Website: https://www.intrepidpotash.com
The potential market cap would be $405m based on the market consensus.
Intrepid Potash, Inc., together with its subsidiaries, engages in the extraction and production of the potash in the United States and internationally. It operates through three segments: Potash, Trio, and Oilfield Solutions. The company offers muriate of potash for various markets, such as agricultural market as a fertilizer input; the industrial market as a component in drilling and fracturing fluids for oil and gas wells, as well as an input to other industrial processes; and the animal feed market as a nutrient supplement. It also provides Trio, a specialty fertilizer that delivers potassium, sulfate, and magnesium in a single particle; water for oil and gas services industry; salt for various markets, including animal feed, industrial applications, pool salt, and the treatment of roads and walkways for ice melting or to manage road conditions; magnesium chloride for use as a road treatment agent for deicing and dedusting; brines for use in oil and gas industry to support well workover and completion activities; and metal recovery salts. Intrepid Potash, Inc. was founded in 2000 and is based in Denver, Colorado.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 4.73, revenue per share of 22.33 and a 8.24% return on assets.
