Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Intrepid Potash Stock Is Popping This Week

TheMotleyFool

0 0

Why Intrepid Potash Stock Is Popping This Week: https://g.foolcdn.com/editorial/images/758314/lithium-salt-evaporation-ponds.jpg

For the second day in a row, shares of fertilizer miner Intrepid Potash (NYSE: IPI) are scoring strong gains on Thursday -- up 19.7% through noon ET on top of a 4.3% gain yesterday.

And here's the crazy thing: Intrepid Potash is not going up because of potash. It's going up because of lithium.

This stock's rally began on Tuesday with an announcement by Intrepid Potash that it will partner with privately owned Pickering Energy Partners to exploit the value of the lithium in Intrepid's mine in Wendover, Utah.

Source Fool.com

Like: 0

IPI

Share