Exponential growth expansion"
Exponential growth expansion
Verde Agritech was a high-flyer in 2020, given its 237.3% overall return. At $6.27 per share, current investors are up 123.9% year-to-date. Based on market analysts’ buy rating and 12-month average price target of $12.39, the potential upside is 97.6%.
The $339.75 million agri-tech company explores and develops mineral properties in Brazil. Its top product is a fertilizer and soil conditioner called Super Greensand. Verde has a 100% interest stake in the Cerrado Verde project, the source of potassium silicate rock, a glauconitic siltstone material.
In the nine months ended September 30, 2021, Verde’s revenue and net profit increased 169% and 192% versus the same period in 2020. According to its founder and CEO, Cristiano Veloso, the company will endeavor to maintain an exponential growth expansion for the foreseeable future. Management will present Verde’s Q4 and full-year 2021 results on March 29, 2022."
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