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Verde Agritech Ltd T.NPK

Alternate Symbol(s):  VNPKF

Verde AgriTech Ltd is an agricultural technology company that produces potash fertilizers. The principal activity of the Company is the production and sale of a multi-nutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, Silicio Forte, and internationally as Super Greensand (the Product). K Forte is a potash fertilizer that is a source of potassium, silicon, and magnesium and micronutrients. BAKS is a combination of K Forte plus three other nutrients that can be chosen by customers according to their crops’ needs. It mines and processes its main feedstock from its 100% owned mineral properties, then sells and distributes the Product. Its Cerrado Verde Project is in Minas Gerais state, Brazil, which is a potassium-rich deposit, from which it is producing solutions for crop nutrition, crop protection, soil improvement, and increased sustainability. Its technologies are Cambridge Tech, 3D Alliance, MicroS Technology, N Keeper, and Bio Revolution.


TSX:NPK - Post by User

Post by 15Stanmoreon Jan 01, 2021 9:38am
214 Views
Post# 32207029

First Post of 2021

First Post of 2021I am happy to post the first entry of 2021 to the NPK board - Happy New Year everyone.

Always good to start a new year by looking back at the years just ended. Here is the last four years summary trading data for Verde Agritech. Given where the Company is today operationally, and the momentum that it has and continues to experience in sales, profits and cash flow, I find it incredible that you can buy shares today at a price still below the weighted average share price for the whole of 2017 and 2018, and when trading was between 15 and 20 million shares.

            2020           2019           2018           2017
Open  $                 0.40  $                 0.71  $                 0.73  $                 0.24
High  $                 0.87  $                 0.84  $                 1.25  $                 1.77
Low  $                 0.20  $                 0.40  $                 0.52  $                 0.22
Close  $                 0.83  $                 0.41  $                 0.73  $                 0.70
         
Volume           8,547,457           7,130,408         15,574,448         20,160,683
Number Trades                   4,409                   4,016                 10,809                 11,715
Avg Trade Size                   1,939                   1,776                   1,441                   1,721
         
Avg Weighted Price  $             0.5813  $             0.6418  $             0.8404  $             0.8977

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