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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 Nov 24, 2021 6:04am
339 Views
Post# 34160311

What a difference a year makes

What a difference a year makesHere are some interesting numbers.

In the 7 trading days between the release of the Q3 results on November 16 2020 and the Q3 presentation on November 25, 2020, Verde recorded the following transactions:

Total shares trade:   846,683
Number of trades:    379
Value of trades:        $575,804  
Weighted average selling price:  $0.68
Average trade size:    2,233 shares

In the 7 trading days between the release of the Q3 results on November 15 2021 and the Q3 presentation on November 24, 2021, Verde recorded the following transactions:

Total shares trade:   986,697
Number of trades:    1,330
Value of trades:        $1,754,071
Weighted average selling price:  $1.778
Average trade size:    741 shares

What a difference a year makes.

Share price up $1.098 or 161%, with higher volume and number of transactions. With the rising share price it is understandable that the average trade quantity has fallen.
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