GRO

Brazil Potash (GRO.US) surged more than 8% during regular trading to $1.740.

The company reported results for the three months ended Sept. 30, 2026, with its after-tax net loss narrowing 90% to $1.23 million. Operating cash used in the nine-month period fell 18% year-over-year to $7.28 million. Cash reserves more than doubled to $68.57 million, boosted by a $63.23 million public offering in May.

Brazil Potash has started early construction on its Autazes potash project, with total capital expenditure estimated at $2.5 billion and projected annual production of 2.4 million short tons. Binding offtake agreements cover 91% of capacity, supporting average annual EBITDA of about $1 billion over a 23-year mine life, as the company seeks to reach financing milestones.

Based on public media reports. AI-generated; not investment advice.