Brazil Potash Corp (AMEX: GRO)’s stock price has gone decline by -15.21 in comparison to its previous close of 7.69, however, the company has experienced a -20.87% decrease in its stock price over the last five trading days. globenewswire.com reported 2025-01-13 that MANAUS, Brazil, Jan. 13, 2025 (GLOBE NEWSWIRE) — Brazil Potash Corp. (“Brazil Potash” or the “Company”) (NYSE-American: GRO), a company developing and constructing the largest potash fertilizer project in Brazil, today announced the signing of a Preliminary Cooperation Agreement with the Mura Indigenous Council (CIM) of Autazes, marking a significant milestone in the development of the Company’s Autazes Potash Project (the “Project”).
Is It Worth Investing in Brazil Potash Corp (AMEX: GRO) Right Now?
Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for GRO is 23.15M and currently, short sellers hold a 0.37% of that float. On January 15, 2025, GRO’s average trading volume was 58.38K shares.
GRO’s Market Performance
The volatility ratio for the week is 9.23%, and the volatility levels for the past 30 days are at 8.83% for Brazil Potash Corp The simple moving average for the past 20 days is -21.45% for GRO’s stock, with a -34.25% simple moving average for the past 200 days.
Analysts’ Opinion of GRO
Many brokerage firms have already submitted their reports for GRO stocks, with ROTH MKM repeating the rating for GRO by listing it as a “Buy.” The predicted price for GRO in the upcoming period, according to ROTH MKM is $17 based on the research report published on January 07, 2025 of the current year 2025.
GRO Trading at -34.25% from the 50-Day Moving Average
After a stumble in the market that brought GRO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -56.53% of loss for the given period.
Volatility was left at 8.83%, however, over the last 30 days, the volatility rate increased by 9.23%, as shares sank -42.30% for the moving average over the last 20 days.
During the last 5 trading sessions, GRO fell by -20.87%, in comparison to the 20-day moving average, which settled at $8.30. In addition, Brazil Potash Corp saw -15.32% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GRO
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.32.
Conclusion
To wrap up, the performance of Brazil Potash Corp (GRO) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
