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Tag: potash stock

Has Potash Peaked?

Last week, the potash market anxiously awaited Q4 earnings release from Potash Corporation of Saskatchewan. It was not the 2010 earnings recap that had market stakeholders holding their breath; it was Potash Corporations statements on their 2011 potash market expectations.

When will BHP up its bid for Potash Corp?

On Tuesday, Canada’s Potash Corporation received an unsolicited $38.6 billion takeover offer by BHP Billiton. The offer, the biggest of the year in any industry, was dismissed by Potash Corp as “grossly inadequate” with at least one major shareholder immediately rejecting the offer.

Potash Closed at $93.72

Potash closed yesterday at $93.72. So far the stock has hit a 52-week low of $47.54 and 52-week high of $186.44. Potash stock has been showing support around 89.83 and resistance in the 95.87 range.
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