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home / news releases / IPI - Intrepid Potash: Undervalued And Potentially Rewarding The Patient

IPI - Intrepid Potash: Undervalued And Potentially Rewarding The Patient

Intrepid Potash Inc

2024-05-02 15:14:59 ET

Summary

  • Intrepid Potash shares have been stagnant at around $20 per share, but the market is undervaluing the company compared to its tangible book value.
  • The company is a producer of potash, an essential compound used in agriculture, animal feed, and the oil and gas industry.
  • Despite current low potash prices, there is potential for a rebound due to future supply constraints and increasing demand.
  • Shares are a buy with a price target of $35.

Investment Thesis

For further details see:

Intrepid Potash: Undervalued And Potentially Rewarding The Patient
Stock Information
Company Name: Intrepid Potash Inc
Stock Symbol: IPI
Market: NYSE
Website: intrepidpotash.com
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