RWD 0.00% 14.5¢ reward minerals ltd

potash stocks predicted to rally

  1. 13,126 Posts.
    lightbulb Created with Sketch. 6
    Potash Corp. shares could rise 30 pct-Barron's
    Sun Jul 15, 2007 7:53 PM BST144

    NEW YORK, July 15 - Potash Corp. (POT.TO: Quote, Profile , Research) shares could rise some 25 percent or 30 percent in the coming year based on industry trends and dominant market share, Barron's said on Sunday.

    Potash, the world's largest fertilizer and potash producer by capacity, will benefit from rising potash prices as the global demand for food crops and fertilizer in turn both show no signs of abating, Barron's said in its July 16 edition.

    Barron's said the company will also benefit from rising demand for biofuels, as farmers lured by record grain prices strive to get more out of their soil.

    Though top world miners such as BHP Billiton Plc (BLT.L: Quote, Profile , Research) and Rio Tinto Plc (RIO.L: Quote, Profile , Research) (RIO.AX: Quote, Profile , Research), along with Companhia Vale do Rio Doce (VALE5.SA: Quote, Profile , Research) are actively working on potash mining projects around the world, Barron's said the market has "formidable entry barriers."

    Potash Corp. stock closed up $3.60 on Friday at $87.62.
 
watchlist Created with Sketch. Add RWD (ASX) to my watchlist
(20min delay)
Last
14.5¢
Change
0.000(0.00%)
Mkt cap ! $28.19M
Open High Low Value Volume
14.5¢ 14.5¢ 14.5¢ $10.73K 74.05K

Buyers (Bids)

No. Vol. Price($)
2 110000 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 2500 1
View Market Depth
Last trade - 10.06am 26/02/2021 (20 minute delay) ?
RWD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.