Verde Agritech Ltd T.NPK

Alternate Symbol(s): VNPKF

Chemicals Basic Materials

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.

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Verde Agritech Ltd > Verde share price drops 14.6% to $1.11 on Q2 results release

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Post by 15Stanmoreon Aug 16, 2021 11:11am

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Verde share price drops 14.6% to $1.11 on Q2 results release

44,000 shares traded to 11am, with the share price dropping 19 cents from $1.30 close on Friday to $1.11 today. Very disappointing in my opinion - this needs some explaining by management on the 25th.

S.

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