Mosaic Co (NYSE:MOS) announces its sponsor of Agriculture ‘Conservation in Action’ Tour


Dallas, Texas 08/02/2013 (Financialstrend) – Mosaic Co (NYSE:MOS) announces its sponsor of Agriculture ‘Conservation in Action’ Tour, a team of Mosaic employees had a meeting with industry-leading farmers from Livingston, this meeting was part of Agriculture ‘Conservation in Action’ Tour hosted by the Conservation Technology Information Centre (CTIC) which is a non profit organisation involved in promoting, providing, championing sustainable agricultural systems and giving information on technologies which enhance and conserve water, air, wildlife and soil resources.

In its recently released second quarter result Mosaic Co reported net earnings of $486 million, compared to $507 of last year. Earnings per share (EPS) grounded to $1.14 from $1.19reported in the same period last year. Net sales in the final quarter reported at $2.7 billion which is a decrease when compare to last year’s net sales of $2.8 billion, the company’s net income was $1.9 billion, or $4.42 per diluted shares from $4.42 per diluted share reported last year, the company also declared its annual dividend of $1.00 which increased a double, cash were estimated  at $3.7 billion by the Company against $1.0 billion as long term debt, net sales of the company grounded to $10.0 billion down $1.1 billion when compared to previous year net sales.

Mosaic Co (NYSE:MOS) closed at $41.88 per share on Thursday to make a gain of 1.92% over the previous close. The stock moved between intraday low of $40.55 and $42.08 per share as intraday high during the day. There are 425 million shares outstanding for the company with institutional holding of 59%. The 52 week low is at $39.95 per share and 52 week high is at $64.65 per share. With $17.83 billion market capitalization there were 17.94 million shares of trading in the company’s stock on Thursday and the average volume is at 6.79 million shares per day.