Itafos Inc. (MBCF)
Itafos Inc. operates in the Agricultural Inputs industry of the Basic Materials sector, headquartered in Houston, TX, US. The stock last traded at $2.10, down 4.26% on the session, giving a market capitalisation of $405.8M. On trailing twelve-month figures it carries a trailing P/E of 6.56, a net margin of 23.1%. Its beta of 0.73 implies it has historically moved less than the broad market.
Itafos Inc. is a company focused on phosphate and specialized fertilizer products. It manufactures and sells various items including monoammonium phosphate (MAP), MAP enriched with micronutrients, superphosphoric acid, merchant-grade phosphoric acid, ammonium polyphosphate, single superphosphate (SSP), SSP fortified with micronutrients, and sulfuric acid. The company's assets also include ownership interests in the Farim phosphate mine project located in Farim, Guinea-Bissau. Additionally, it has stakes in the Araxá project, a rare earth element and niobium mine and extraction plant spanning approximately 226 hectares in Minas Gerais, Brazil, and the Santana integrated phosphate mine and fertilizer plant project, which covers an extensive area of about 233,070 hectares in Pará, Brazil. Founded in 1999, the company changed its name from MBAC Fertilizer Corp. to Itafos Inc. in December 2016. Its corporate headquarters are situated in Houston, Texas, and it operates as a subsidiary of CL Fertilizers Holding LLC.
Itafos Inc. is most often compared with the following Basic Materials names: