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    Buy this outperforming mining stock that has more than 20% upside, RBC says

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You are at:Home » Buy this outperforming mining stock that has more than 20% upside, RBC says
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Buy this outperforming mining stock that has more than 20% upside, RBC says

News RoomNews RoomMay 8, 2025 6:56 am EDT0 ViewsNo Comments2 Mins Read
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Mosaic might be a winner ahead thanks to a tight phosphate market, according to RBC. Expert Andrew Wong updated shares to outshine from sector carry out. He likewise raised his rate target to $40 from $30, showing around 26.7% upside prospective from Wednesday’s close. Mosaic mines phosphate and potash, which are utilized as fertilizers worldwide. Phosphate markets are presently dealing with restricted supply in the middle of consistent need development– under which Mosaic is well-positioned to benefit, according to Wong. Potash markets deal with comparable conditions, the expert included. “We likewise prepare for favorable drivers with numerous functional efforts continuous (increased phosphate production, lower potash expenses, greater Brazil circulation volumes) and prospective money making of non-core possessions,” Wong composed in a customer note on Wednesday. Wong likewise thinks Mosaic, a domestic manufacturer, will benefit under U.S. tariffs. ” While operations have actually been challenged over the last few years, our company believe management has actually set out clear prepare for functional enhancements that if performed well need to meaningfully benefit both margins and sales volumes.” The upgrade comes a day after Mosaic reported better-than-expected first-quarter incomes. The business likewise raised its potash production assistance for the complete year. Shares have actually rallied 28.4% in 2025, meaningfully outshining the S & & P 500. That gain makes Mosaic the 2nd best-performing name in the products sector. Regardless of the upgrade, experts are divided on the stock. Of the 20 who cover it, 11 rate it a buy or strong buy, per LSEG. Another 8 have a hold score on Mosaic, and one expert rates it as underperform. The stock advanced an extra 1.3% Thursday before the bell.

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