New insider activity at Intrepid Potash ( (IPI) ) has taken place on March 29, 2025.
Significant shareholder Robert Jornayvaz recently sold 10,266 shares of Intrepid Potash stock, amounting to a transaction worth $313,754.
Recent Updates on IPI stock
Intrepid Potash Inc. experienced a notable 12.5% drop in stock price, closing at $21.53. The decline follows the company’s Q4 earnings report, which revealed a challenging financial year with a net loss of $212.8 million, primarily due to non-cash charges. Despite the financial loss, Intrepid Potash reported a significant 30% increase in potash production and record sales volumes in its Trio segment, attributed to improved brine grades and enhanced production efficiencies. The company’s earnings call highlighted cost reductions and improved unit economics, with a focus on operational efficiencies and cost controls. However, the outlook for 2025 remains flat in terms of potash production, and a valuation allowance against deferred tax assets was recorded due to a projected three-year pre-tax book loss. These factors, combined with the market’s reaction to the earnings report, contributed to the stock’s decline.
More about Intrepid Potash
YTD Price Performance: 38.20%
Average Trading Volume: 151,397
Technical Sentiment Signal: Sell
Current Market Cap: $396.7M