Intrepid Potash posts 4Q loss

Intrepid Potash Inc. moved into the loss column for the fourth quarter ending Dec. 31, 2013, posting a net loss of $6 million ($0.08 per diluted share) on sales of $73.8 million, down from the year-ago net income of $14.5 million ($0.19 per share) on sales of $110.9 million. Potash sales volumes were off 17 percent and prices 22 percent.

For the full year, Intrepid remained in the plus column at $22.3 million ($0.30 per share) on sales of $336.3 million compared to 2012’s $87.4 million ($1.16 per share) and $451.3 million, respectively.