Joseph Reece, Board Member at Compass Minerals Intl (NYSE:CMP), disclosed an insider purchase on January 24, based on a new SEC filing.
What Happened: Reece's recent move, as outlined in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, involves purchasing 5,000 shares of Compass Minerals Intl. The total transaction value is $106,199.
Compass Minerals Intl shares are trading up 2.97% at $21.82 at the time of this writing on Wednesday morning.
Discovering Compass Minerals Intl: A Closer Look
Compass Minerals currently produces two primary products: salt and specialty potash fertilizer. The company's main assets include rock salt mines in Ontario, Louisiana, and the United Kingdom and a salt brine operation at the Great Salt Lake in Utah that produces sulfate of potash and magnesium chloride. Compass' salt products are used for deicing and also by industrial and consumer end markets. The firm's sulfate of potash is used by growers of high-value crops that are sensitive to standard potash. Compass also sells fire retardants, with its magnesium chloride-based products used to combat forest fires.
Unraveling the Financial Story of Compass Minerals Intl
Decline in Revenue: Over the 3 months period, Compass Minerals Intl faced challenges, resulting in a decline of approximately -6.34% in revenue growth ...