Compass Minerals International, Inc. (CMP): Debt Ruins Most Silver Linings

SUMMARY

• Compass Minerals International, Inc. (NYSE:CMP) is the largest producer of mineral salts and specialty plant nutrition salts such as Sulfate of potash.
• The company has had volatile history with diminishing profitability and alerting levels of debt
• The high dividend yield to is a mirage as the earnings have failed to cover them for the past couple of years.

Q1 hedge fund letters, conference, scoops etc

Company Profile

Compass Minerals International is a US-based producer of minerals. It is a leading producer of mineral salt, magnesium chloride, Sulphate of potash and other plant nutrition minerals. The company is based in Kansas and has the following primary assets: rock salt mines in Ontario, Canada; Great salt lake operations in Utah and mines in Cheshire,...