# Brazil Potash Corp. (GRO)

> Source: Nexqual · https://nexqual.com/GRO · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, Brazil Potash Corp. (GRO), nexqual.com/GRO" · informational, not investment advice.

**Price:** USD 1.78 (+0.00% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 1.78 · day 1.73–1.87 · 52w 1.73–3.99 · market cap $110M · ASE

## Key facts
- Analysts: Buy (mean 1.80 on a 1–5 scale) (5 analysts), mean target USD 6.1 (range 3.5–12).
- Total return with dividends: 1Y -29.6% vs S&P 500 +13.4%; 5Y -86.4% vs S&P 500 +76.9%.
- Next earnings: 2026-11-11, EPS estimate USD -0.11, revenue estimate $0K.

## Analysts
Consensus Buy (mean 1.80 on a 1–5 scale), 5 analysts; mean target USD 6.1 (low 3.5, high 12).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-26 | HC Wainwright & Co. | Reiterated | Buy | $4.75 |
| 2026-07-21 | Canaccord Genuity | Initiated | Speculative Buy | $5 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2024-11-25) |
|---|---|---|
| Total return | -29.6% | -86.4% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -29.7% | -64.8% |
| Volatility (annualized) | 78.8% | 84.3% |
| Max drawdown | -54.2% (Mar 2026→Oct 2026) | -89.7% (Nov 2024→May 2025) |

## Peers (Other Industrial Metals & Mining)
NEXA (Nexa Resources S.A.) USD 11.48 +2.87% · SSMR (Sunshine Silver Mining & Refini) USD 13.23 +0.46% · ALM (Almonty Industries Inc.) USD 8.86 +1.20% · USAR (USA Rare Earth, Inc.) USD 9.33 -3.12% · SKE (Skeena Resources Limited) USD 28.02 -2.51% · MTRN (Materion Corporation) USD 221.06 +0.89%

## More
Full page: https://nexqual.com/GRO · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in GRO's own 20-F filed 2026-03-23 (https://www.sec.gov/Archives/edgar/data/1472326/000119312526119937/gro-20251231.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | FRANCO NEVADA Corp (FNV) | "2024 – On November 1, 2024, the Company and its Subsidiary entered into an option agreement with Franco-Nevada Corporation, pursuant to which, in exchange for the payment by Franco-Nevada to the Company of cash considera…" |
| Partner | General | "Additionally, in September 2021, the Federal Government of Brazil admitted the Autazes Project into the Brazilian Investment Partnership Program, which provides us with direct access to Brazil's Attorney General to provi…" |
| Related party | GENERAL MILLS INC (GIS) | "Prior to Viterra Inc., Mr. Schmidt held senior management positions at several Fortune 100 companies, including General Mills, Inc., ConAgra, Inc., and ConAgra's global KBC Trading and Processing Company." |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $-0.11 | $-0.10 | +15.8% | $0 | 1 |
| Next quarter (ends 2026-12-31) | $-0.11 | $-0.13 | -12.0% | $0 | 1 |
| Current fiscal year (ends 2026-12-31) | $-0.53 | $-0.49 | +8.2% | $0 | 4 |
| Next fiscal year (ends 2027-12-31) | $-0.28 | $-0.45 | -37.8% | $0 | 3 |