GRO
Brazil Potash Corp.GRO
GRO
About: Brazil Potash Corp is a mineral exploration and development company with a potash mining project located in the state of Amazonas, Brazil. The company's technical operations are based in Autazes, Amazonas, Brazil, and Belo Horizonte, Minas Gerais, Brazil. The operating activities of the company includes focusing on the extraction and processing of potash ore from underground mine and selling and distributing the processed potash in Brazil.
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Funds holding %
of 6,823 funds
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Analysts bullish %
Fund manager confidence
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$17
187%
upside
Avg. target
$17
187%
upside
High target
$17
187%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Roth MKM Joe Reagor 35% 1-year accuracy 13 / 37 met price target | 187%upside $17 | Buy Initiated | 7 Jan 2025 |
Financial journalist opinion
Based on 6 articles about GRO published over the past 30 days
Neutral
GlobeNewsWire
1 week ago
Brazil Potash Signs Memorandum of Understanding with Keytrade AG for Up to One Million Tons of Potash Offtake Per Year
MANAUS, Brazil, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Brazil Potash Corp. (“Brazil Potash” or the “Company”) (NYSE-American: GRO), a company developing and constructing the largest potash fertilizer project in Brazil, today announced the signing of a memorandum of understanding ("MOU") between Potássio do Brasil Ltda., a wholly-owned subsidiary of the Company, and Keytrade AG ("Keytrade"), one of the world's leading fertilizer trading companies, for potential offtake of up to one million tons per year of potash from the Company's Autazes Potash Project (the "Project").
Neutral
GlobeNewsWire
1 week ago
Brazil Potash Subsidiary Potássio do Brasil, Signs Preliminary Agreement with Mura Indigenous People for Autazes Potash Project
MANAUS, Brazil, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Brazil Potash Corp. (“Brazil Potash” or the “Company”) (NYSE-American: GRO), a company developing and constructing the largest potash fertilizer project in Brazil, today announced the signing of a Preliminary Cooperation Agreement with the Mura Indigenous Council (CIM) of Autazes, marking a significant milestone in the development of the Company's Autazes Potash Project (the "Project").
Neutral
GlobeNewsWire
2 weeks ago
Brazil Potash to Present on the Emerging Growth Conference
Brazil Potash to Present on the Emerging Growth Conference at 9:40 AM ET on Wednesday, January 15, 2025 Brazil Potash Invites Individual and Institutional Investors as well as Advisors and Analysts, to Attend its Real-Time, Interactive Presentation on the Emerging Growth Conference. MANAUS, Brazil, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Brazil Potash Corp. (“Brazil Potash” or the “Company”) (NYSE-American: GRO), a company developing and constructing the largest potash fertilizer project in Brazil, is pleased to announce that Matt Simpson, Chief Executive Officer, and Mayo Schmidt, Executive Chairman of the Board of Directors, have been invited to present on the Emerging Growth Conference at 9:40 AM ET on Wednesday, January 15, 2025.
Positive
Benzinga
2 weeks ago
Brazil Potash Stock Could Double: Analyst Bets On Autazes' Strategic Role In Potash Rebound
Roth MKM analyst Joe Reagor initiated coverage on Brazil Potash Corp. GRO with a Buy rating and a price target of $17, citing the company's undervalued Autazes potash project.
Neutral
GlobeNewsWire
2 weeks ago
Brazil Potash Further Strengthens Board of Directors with Appointment of Christian Joerg
MANAUS, Brazil, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Brazil Potash Corp. (“Brazil Potash” or the “Company”) (NYSE-American: GRO), a company developing and constructing the largest potash fertilizer project in Brazil, today announced the appointment of Christian Joerg to its Board of Directors, effective immediately. Mr. Joerg brings over three decades of leadership in agricultural commodities, international trade, agriculture finance, and food security throughout Africa and the Middle East.
Neutral
GlobeNewsWire
3 weeks ago
Brazil Potash (NYSE American: GRO) Converts Its Water Extraction Installation Licenses Into Full Operational Permits at Its Autazes Potash Project Located in the Amazonas State of Brazil
MANAUS, Brazil, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Brazil Potash Corp. (“Brazil Potash” or the “Company”) (NYSE American: GRO), a company developing and constructing the largest potash fertilizer project in Brazil, the Autazes Potash Project (the “Project”), announces that its wholly owned Brazilian subsidiary, Potassio do Brasil, has received two water resource operating licenses ("Outorga de uso de recurso hídrico") from the Amazon State Environmental Protection Institute (IPAAM) for the Project. These licenses authorize the Company to operate two deep water wells that will provide potable water for both construction and operational phases of the Project and advance the previously granted Installation Licenses for construction. These wells will supply sufficient fresh potable water for the processing plant needs. These permits mark the first phase of operations for the Project.
Neutral
GlobeNewsWire
1 month ago
Brazil Potash Schedules Investor Call
MANAUS, Brazil, Dec. 15, 2024 (GLOBE NEWSWIRE) -- Brazil Potash Corp. (“Brazil Potash” or the “Company”) (NYSE-American: GRO), an exploration and development company existing under the laws of Ontario, Canada with a potash mining project located in the state of Amazonas, Brazil, today announced that management will host a webcast at 5 PM ET on Monday, December 16, 2024. Interested investors and other parties can listen to the webcast by logging onto the Investor Relations section of the Company's website at https://ir.brazilpotash.com.
Neutral
GlobeNewsWire
1 month ago
Brazil Potash Announces Closing of Initial Public Offering
MANAUS, Brazil, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Brazil Potash Corp. (“Brazil Potash” or the “Company”) announced today the closing of its initial public offering (the “IPO”) of 2,000,000 of its common shares, no par value per share (“Common Shares”), at a price to the public of US$15.00 per share. The gross proceeds to the Company from the IPO, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company, were US$30.0 million. In addition, the Company has granted the underwriters an option to purchase up to an additional 300,000 Common Shares, for a period of 30 days from the date of the final prospectus, to cover over-allotments, if any.
Neutral
GlobeNewsWire
1 month ago
Brazil Potash Announces Pricing of Initial Public Offering
MANAUS, Brazil, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Brazil Potash Corp. (“Brazil Potash” or the “Company”) announced today the pricing of its initial public offering (the “IPO”) of 2,000,000 of its common shares, no par value per share (“Common Shares”), at a price to the public of $15.00 per share. All of the Common Shares are being offered by the Company. The gross proceeds to the Company from the IPO, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company, are expected to be approximately $30.0 million. In addition, the Company has granted the underwriters an option to purchase up to an additional 300,000 Common Shares, for a period of 30 days from the date of the final prospectus, to cover over-allotments, if any.
Positive
WSJ
1 month ago
Brazil Potash Raises $30 Million in U.S. IPO
A Canadian company mining a key fertilizer for grain crops in Brazil's Amazon region is set to have its shares traded in the U.S. starting on Wednesday.
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