HC Wainwright reaffirmed their buy rating on shares of Brazil Potash (NYSEAMERICAN:GRO – Free Report) in a research report sent to investors on Tuesday,Benzinga reports. The firm currently has a $4.75 price objective on the stock. HC Wainwright also issued estimates for Brazil Potash’s FY2026 earnings at ($0.44) EPS and FY2027 earnings at ($0.21) EPS.
Separately, Canaccord Genuity Group began coverage on shares of Brazil Potash in a report on Tuesday, July 21st. They set a “speculative buy” rating and a $5.00 target price on the stock. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Brazil Potash has an average rating of “Moderate Buy” and a consensus price target of $5.00.
Get Our Latest Analysis on Brazil Potash
Brazil Potash Stock Performance
GRO stock opened at $1.76 on Tuesday. The business has a 50 day moving average price of $2.11 and a two-hundred day moving average price of $2.35. Brazil Potash has a twelve month low of $1.58 and a twelve month high of $3.99.
Brazil Potash (NYSEAMERICAN:GRO – Get Free Report) last announced its quarterly earnings data on Wednesday, November 4th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.09.
Institutional Trading of Brazil Potash
Institutional investors have recently added to or reduced their stakes in the company. AWM Investment Company Inc. acquired a new position in Brazil Potash in the 2nd quarter valued at $10,750,000. Hollencrest Capital Management lifted its holdings in shares of Brazil Potash by 223.2% during the first quarter. Hollencrest Capital Management now owns 347,435 shares of the company’s stock worth $1,126,000 after buying an additional 239,936 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Brazil Potash by 130.4% during the first quarter. Renaissance Technologies LLC now owns 344,700 shares of the company’s stock worth $1,117,000 after buying an additional 195,100 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Brazil Potash by 5,630.7% in the first quarter. Bank of America Corp DE now owns 156,277 shares of the company’s stock valued at $506,000 after acquiring an additional 153,550 shares during the period. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Brazil Potash by 4.5% in the first quarter. EverSource Wealth Advisors LLC now owns 138,839 shares of the company’s stock valued at $450,000 after acquiring an additional 5,937 shares in the last quarter.
About Brazil Potash
Brazil Potash Corp. is a mineral development company focused on advancing potash production in Brazil. The company’s principal asset is the Autazes Potash Project in the state of Amazonas, which is intended to produce potash, primarily in the form of muriate of potash (MOP), a potassium-based fertilizer used in agricultural applications. The Autazes project is designed to develop underground potash resources and associated processing and transportation infrastructure. Brazil Potash aims to supply Brazilian farmers and reduce the country’s reliance on imported potash fertilizers, supporting agricultural markets across Brazil.
See Also
- Five stocks we like better than Brazil Potash
- Checkmate for AI Chips? NVIDIA’s Crisis Opens the Board
- Can NVIDIA Maintain Its Momentum Without Huang?
- Six Flags Lost $366 Million in Q3—Its Insiders Just Went Shopping
- What Went Wrong With Amprius Technologies’ Q3? Less Than You’d Think
Receive News & Ratings for Brazil Potash Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brazil Potash and related companies with MarketBeat.com's FREE daily email newsletter.
