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Stock impact report

Intrepid Potash (IPI) Soars 8.4%: Is Further Upside Left in the Stock? [Yahoo! Finance]

Intrepid Potash, Inc (IPI) 
Last intrepid potash, inc earnings: 3/2 04:34 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 4.2% loss over the past four weeks. IPI's rally reflects optimism over favorable potash market fundamentals and healthy demand for potash and its specialty fertilizer, Trio. Higher demand for key products is expected to drive IPI's volumes. It saw a 25% increase in potash sales volumes to 69,000 tons in the second quarter, supported by firm demand. The company also remains focused on executing its capital projects, which are expected to drive its production. This potash and fertilizer producer is expected to post quarterly earnings of $0.13 per share in its upcoming report, which represents a year-over-year change of +192.9%. Revenues are expected to be $45.75 million, down 7.6% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correla Show less Read more
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