13 Best Magnesium Stocks to Invest in Now

7. Compass Minerals International, Inc. (NYSE:CMP) 

Number of Hedge Fund Holders: 26

Compass Minerals International, Inc. (NYSE:CMP) reported $214.6 million in fiscal Q3 2025, up from $202.9 million in the same period last year.

Adjusted EBITDA climbed 25% to $41.0 million, while net loss improved to $17.0 million from $43.6 million the previous year. CEO Edward C. Dowling Jr. noted higher volumes of plant nutrition and lower salt costs. Operating profits climbed 9% to $28.1 million, while salt revenue surged by 3% to $166.0 million. Revenue for Plant Nutrition increased by 15% to $44.8 million, while operating income was $5.2 million as opposed to a loss the previous year. The final amount of liquidity following asset sales and refinances was $388.7 million. FY2025 adjusted EBITDA is projected to be between $185 and $201 million.

Compass Minerals International, Inc. (NYSE:CMP) is one of North America’s largest salt producers. Its Goderich rock salt mine in Ontario has unique geology, and with access to a deep-water port, it can provide deicing salt to consumers at a lower cost than competitors. Furthermore, the business owns one of just three naturally occurring brine sources that yield SOP, a specialist fertilizer. These plants in Utah’s Great Salt Lake can generate SOP at a cheaper cost than producers of standard potash. It is among the Best Magnesium Stocks.