Dahlman Rose provided color on Mosaic MOS in a research report published today. Dahlman Rose has previously given Mosaic a Hold rating.
In the report, Dahlman Rose states, "If Mosaic were not allowed to mine at South Fort Meade (SFM), we believe rock prices would push higher, as the company would be required to buy rock to supplement its current supply. The increased cost would likely be partially offset by higher prices, but the outcome would probably be negative for earnings."
Shares of Mosaic were trading at $66.67 at the time of posting, down 0.48% from Monday's market close.
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