RTTNews | Nov 16, 2021 11:04AM EST

11:03 Tuesday, November 16, 2021 (RTTNews.com) - Mining company Compass Minerals International, Inc. (CMP) shares plunged 20% in Tuesday market after the company turned to a loss in the third quarter due to feedstock inconsistencies in the Plant Nutrition segment.

Net loss reported by the company was $56.0 million or $1.65 per share, compared to earnings of $4.30 million or $0.11 per share last year. On average, six analysts polled by Thomson Reuters expected a loss of $0.14 per share.

The stock is trading at $57.43, down $14.54 or 20.20%, since the previous close at $71.97. The stock opened at $65.43 in the morning. In the 52-week period, the shares have ranged between $55.76 and $75.44.

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