Itafos ( (TSE:IFOS) ) has issued an update.
Itafos Inc. reported strong operational and financial results for Q4 and FY 2024, with significant increases in revenue and adjusted EBITDA driven by higher prices and sales volumes. The company announced a special dividend following the sale of its Araxa project, reflecting its commitment to shareholder value and improved financial liquidity.
More about Itafos
Itafos Inc. operates in the fertilizer industry, focusing on phosphate-based products. The company is involved in mining and production activities, with significant operations in Southeast Idaho and Arraias, Brazil, leveraging abundant phosphate resources to enhance its market presence.
YTD Price Performance: 20.80%
Average Trading Volume: 6,238
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $289.9M
For a thorough assessment of IFOS stock, go to TipRanks’ Stock Analysis page.