Compass Minerals International, Inc. is a leading provider of essential minerals, specializing in the production and supply of salt, plant nutrition, and specialty mineral products
The company primarily operates in North America, where it extracts and processes a variety of natural mineral resources. Compass Minerals plays a critical role in various industries, including agriculture, where it offers fertilizers and soil amendments, as well as in de-icing for transportation and road safety. With a commitment to sustainability and innovation, the company aims to enhance the quality of life by delivering high-quality mineral products that support both environmental resilience and economic growth.
The company said it will continue to evaluate further cost-cutting opportunities. It estimates savings due to these actions to be in the range of $11 million to $13 million.
The CNN Business Fear & Greed Index tracks market sentiment using 7 indicators, with a reading of 50 indicating neutrality. Stocks closed mixed on Friday, with Dow declining for 7th session.
