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Verde Agritech Files Amended NI 43-101 Technical Report for the Man of War Rare Earths Project
Globenewswire· 2025-04-17 21:00
Company Overview - Verde Agritech Ltd is an agricultural technology company focused on producing potash fertilizers, aiming to enhance the health of people and the planet [4] - The company operates fully integrated operations, mining and processing its feedstock from 100% owned mineral properties, and distributing its products internationally [4] - Verde is Brazil's largest potash producer by capacity, licensed to produce up to 2.8 million tonnes per year of multinutrient potassium fertilizers [4] Project Update - The company has issued a news release regarding the Man of War Project following a review by the Ontario Securities Commission, which includes an amended and restated National Instrument 43-101 Technical Report [1][2] - The updated Technical Report, effective December 18, 2024, has removed disclosures of geological resources and in-situ resources that do not have reasonable prospects for economic extraction [2] - The report is available on SEDAR+ under the company's profile [3] Mineral Resources - Verde has a combined measured and indicated mineral resource of 1.47 billion tonnes at 9.28% K2O and an inferred mineral resource of 1.85 billion tonnes at 8.60% K2O, totaling 295.70 million tonnes of potash in K2O [4] - In 2021, Brazil's total consumption of potash in K2O was 6.57 million tonnes, highlighting the significant demand for potash in the country [4] - Brazil ranks second in global potash demand and is the largest importer, relying on external sources for over 97% of its potash needs [4]
Nutrien's Shares Rally 17% YTD: What's Driving the Stock?
ZACKS· 2025-04-16 11:00
Group 1 - Nutrien Ltd.'s shares have increased by 16.7% this year, outperforming the Zacks Fertilizers industry's rise of 4.8% [1] - The company is experiencing strong demand for fertilizers, driven by robust global agriculture markets and tight inventories, which are expected to support crop commodity prices in 2025 [4][5] - Nutrien is benefiting from acquisitions and the adoption of its digital platform, particularly expanding its presence in Brazil and pursuing growth investments in retail [6] Group 2 - Cost and operational efficiency initiatives are enhancing Nutrien's performance, with a focus on reducing production costs in the potash business and achieving approximately $200 million in total savings by 2025 [7] - The demand for potash is expected to rise due to strong grower economics and low inventory levels, while the phosphate market is also benefiting from increased global demand [5] - Healthy nitrogen fertilizer demand is noted in major markets, with expectations of increased U.S. corn acreage in 2025 and strong crop input demand in the first half of the year [5]
Is Vox Royalty Corp. (VOXR) Stock Outpacing Its Basic Materials Peers This Year?
ZACKS· 2025-04-08 14:40
Core Viewpoint - Vox Royalty Corp. (VOXR) has shown strong year-to-date performance, significantly outperforming the Basic Materials sector, which has faced losses this year [1][4]. Company Performance - Vox Royalty Corp. has returned approximately 17.5% since the beginning of the calendar year, while the average return for Basic Materials stocks has been a loss of 6.4% [4]. - The Zacks Consensus Estimate for VOXR's full-year earnings has increased by 100% over the past three months, indicating a positive trend in analyst sentiment [3]. Industry Context - Vox Royalty Corp. is part of the Mining - Miscellaneous industry, which consists of 58 companies and currently ranks 166 in the Zacks Industry Rank. This industry has experienced an average loss of about 9% this year, highlighting VOXR's relative strength [5]. - In comparison, Yara International ASA, another stock in the Basic Materials sector, has a year-to-date return of 4.2% and belongs to the Fertilizers industry, which has seen a decline of 3% this year [4][6].
Intrepid Potash (IPI) Is Up 1.41% in One Week: What You Should Know
ZACKS· 2025-04-01 17:01
Core Viewpoint - Intrepid Potash (IPI) is identified as a strong momentum stock with a Momentum Style Score of A and a Zacks Rank of 2 (Buy), indicating potential for near-term gains [3][4][12]. Company Performance - IPI shares have increased by 1.41% over the past week, contrasting with a decline of 2.08% in the Zacks Fertilizers industry during the same period [6]. - Over the past month, IPI's price change is 19.42%, significantly outperforming the industry's 0.14% [6]. - In the last quarter, IPI shares rose by 30.27%, and over the past year, they gained 40.76%, while the S&P 500 saw movements of -4.25% and 8.35%, respectively [7]. Trading Volume - The average 20-day trading volume for IPI is 213,400 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the last two months, one earnings estimate for IPI has increased, while none have decreased, leading to a consensus estimate improvement from -$0.45 to -$0.16 [10]. - For the next fiscal year, one estimate has also moved upwards with no downward revisions [10].
Are You Looking for a Top Momentum Pick? Why Intrepid Potash (IPI) is a Great Choice
ZACKS· 2025-03-07 18:00
Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps investors identify stocks with strong momentum by evaluating various metrics [2] Group 2: Intrepid Potash (IPI) Performance - Intrepid Potash currently holds a Momentum Style Score of A and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [3][4] - Over the past week, IPI shares increased by 2.35%, while the Zacks Fertilizers industry declined by 1.78% [6] - In the last month, IPI's price change was 3.2%, outperforming the industry's 0.63% [6] - IPI shares have risen by 5.63% over the past quarter and 16.78% over the last year, compared to the S&P 500's performance of -5.43% and 13.83%, respectively [7] Group 3: Trading Volume and Earnings Outlook - IPI's average 20-day trading volume is 131,979 shares, which serves as a bullish indicator when combined with rising stock prices [8] - In terms of earnings outlook, there has been one upward revision in earnings estimates for the current fiscal year, raising the consensus estimate from -$0.45 to -$0.16 [10] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions noted [10] Group 4: Conclusion - Given the strong performance metrics and positive earnings outlook, Intrepid Potash is positioned as a solid momentum pick for investors [12]
Is Intrepid Potash (IPI) Stock Outpacing Its Basic Materials Peers This Year?
ZACKS· 2025-03-07 15:40
Group 1 - Intrepid Potash (IPI) is currently outperforming the Basic Materials sector, with a year-to-date return of approximately 20.7%, compared to the sector's average return of 9% [4] - The Zacks Rank for Intrepid Potash is 2 (Buy), indicating strong analyst sentiment and an improving earnings outlook, with a 64.4% increase in the consensus estimate for full-year earnings over the past three months [3][4] - The Fertilizers industry, to which Intrepid Potash belongs, has gained an average of 6.9% this year, further highlighting IPI's strong performance within its specific industry [6] Group 2 - The Basic Materials group, which includes Intrepid Potash, is currently ranked 14 within the Zacks Sector Rank, reflecting the strength of the sector [2] - Another stock in the Basic Materials sector, US Gold Corp (USAU), has also shown strong performance with a year-to-date return of 37.5% and a Zacks Rank of 2 (Buy) [5] - The Mining - Gold industry, to which US Gold Corp belongs, is ranked 78 and has moved up by 22.1% this year, indicating varied performance across different industries within the Basic Materials sector [6]