Markets · Stocks & ETFs · ADR
Brazil Potash (NYSE American: GRO)
Brazilian ADR trading on the NYSE American, priced in US dollars.
- Market Cap
- $135.46M
- P/E (TTM)
- —
- P/B
- 0.8x
- EPS (TTM)
- $-0.53
- Dividend Yield
- —
- 52-Week Range
- $1.46 – $3.99
- Volume
- 110K
- Previous Close
- $2.16
TTM = trailing twelve months — the most recent 12 months (a rolling window), used for P/E, EPS and dividends. On the tables and charts below, the in-progress current year appears as a “Last 12M” column labelled with the quarter range it covers.
Performance
About Brazil Potash
- US Ticker
- GRO
- B3 Ticker
- —
- Exchange
- NYSE American
- Currency
- USD
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
- Headquarters
- Toronto, ON, Canada
- Employees
- 36
- CEO
- Mr. Matthew Simpson M.B.A., P.Eng.
- Founded
- 2006
Brazil Potash Corp. engages in the exploration and development of potash properties in Brazil.
The company holds interest in the Autazes project, a potash deposit located in the state of Amazonas, Brazil.
Brazil Potash Corp. was incorporated in 2006 and is headquartered in Toronto, Canada.
Analyst Ratings
Consensus of 5 Wall Street analysts · sourced from Yahoo Finance
On a 1–5 scale: 1 = Strong Buy, 3 = Hold, 5 = Sell. Lower is more bullish.
12-Month Price Target
The average target is +176.02% above the current price of $2.21.
Financial Results
Revenue, EBITDA and net profit (in USD) with net margin (net profit ÷ revenue).
Financial Health
Margins, leverage and cash-flow quality derived from Brazil Potash's income statement, balance sheet and cash flow (absolute figures in USD).
Overall: Financially Solid
- Net Margin
- —
- ROE
- -29.0%
- Rev Growth (YoY)
- —
- Net Debt / EBITDA
- 0.53×
- Current Ratio
- 13.28×
- Interest Coverage
- —
- Free Cash Flow
- -20.3M
- Payout Ratio
- —
Income — Margins & Efficiency
| Metric | Last 12MQ2'25 – Q1'26 | Δ | 2025 | Δ | 2024 | Δ | 2023 | Δ | 2022 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | — | $0 | — | $0 | — | $0 | — | $0 |
| Gross profit | — | — | — | — | — | — | — | — | — |
| Operating income | -$45,702,681 | +40.4% | -$76,697,247 | -64.5% | -$46,625,419 | -249.3% | -$13,349,082 | +59.2% | -$32,723,040 |
| EBITDA | -$57,358,202 | +19.2% | -$70,980,905 | -52.2% | -$46,648,719 | -249.2% | -$13,359,634 | +59.1% | -$32,660,561 |
| Net profit | -$59,592,098 | +18.2% | -$72,881,341 | -57.0% | -$46,408,453 | -251.4% | -$13,207,200 | +59.5% | -$32,619,381 |
| Gross margin | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — |
| EBITDA margin | — | — | — | — | — | — | — | — | — |
| Net margin | — | — | — | — | — | — | — | — | — |
| Revenue growth (YoY) | — | — | — | — | — | — | — | — | — |
| Effective tax rate | -0.8% | -0.1 p.p. | -0.7% | -0.3 p.p. | -0.4% | +0.8 p.p. | -1.2% | -0.8 p.p. | -0.5% |
| Interest coverage | — | — | — | — | — | — | — | — | — |
Newest column (“Last 12M”) = trailing 12 months, the last 4 reported quarters — shown with the quarter range it spans; earlier columns are full fiscal years.
Balance Sheet — Health & Leverage
| Metric | Last 12MQ2'25 – Q1'26 | Δ | 2025 | Δ | 2024 | Δ | 2023 | Δ | 2022 |
|---|---|---|---|---|---|---|---|---|---|
| Net debt | -$30,660,010 | +17.8% | -$37,319,378 | -104.4% | -$18,255,424 | -498.4% | -$3,050,877 | +80.9% | -$15,995,058 |
| Net Debt / Equity | -0.15× | +13.5% | -0.17× | -28.0% | -0.13× | -652.9% | -0.02× | +80.3% | -0.09× |
| Net Debt / EBITDA | 0.53× | +1.7% | 0.53× | +34.4% | 0.39× | +71.4% | 0.23× | -53.4% | 0.49× |
| Debt / Equity | 0.00× | -1.0% | 0.00× | -21.5% | 0.00× | — | 0.00× | — | 0.00× |
| Current ratio | 13.28× | +23.2% | 10.78× | +58.9% | 6.79× | +313.9% | 1.64× | -84.3% | 10.45× |
| Return on equity (ROE) | -29.0% | +4.7 p.p. | -33.7% | +0.6 p.p. | -34.3% | -26.5 p.p. | -7.8% | +10.7 p.p. | -18.5% |
| Return on assets (ROA) | -25.1% | +6.4 p.p. | -31.5% | +1.4 p.p. | -32.9% | -25.4 p.p. | -7.5% | +10.5 p.p. | -18.1% |
| Book value / share | $3.80 | -25.3% | $5.09 | +35.8% | $3.75 | -15.6% | $4.44 | -3.4% | $4.60 |
Newest column (“Last 12M”) = trailing 12 months, the last 4 reported quarters — shown with the quarter range it spans; earlier columns are full fiscal years.
Net Debt & Leverage
Free Cash Flow
Margins
Dividend Payout Ratio
Capex ÷ Revenue
Cash Conversion (operating cash flow ÷ net income)
Ratios computed from company financial statements. Net Debt = total debt − cash & equivalents; FCF = operating cash flow − capital expenditure; absolute values in USD.
Valuation & Dividends
Dividend History
Brazil Potash has not paid dividends over the past decade.
Dividends and yield from Yahoo Finance (per ADR share, in US dollars). The current-year figures are calendar year-to-date (dividends actually paid this year), not the trailing 12 months.
Listings
Brazil Potash trades on 2 exchanges. Prices on this page are the NYSE American ADR (GRO).
| Exchange | Ticker | Currency |
|---|---|---|
| NYSE Americanpriced here | GRO | USD |
| B3 (São Paulo) | GROP31 | BRL |
Frequently Asked Questions
Where is Brazil Potash listed?
Brazil Potash trades on 2 exchanges. The line quoted on this page is NYSE American in the United States (GRO, US dollars). It also trades on B3 (São Paulo) in Brazil (GROP31, Brazilian reais).
On how many exchanges does Brazil Potash trade?
2. NYSE American — GRO (USD) · B3 (São Paulo) — GROP31 (BRL). Prices shown on this page are the NYSE American line, GRO.
What is Brazil Potash's primary listing?
Brazil Potash's primary listing is on NYSE American in the United States, where it trades as GRO in US dollars — the line quoted on this page. Its Brazilian line, GROP31 on the B3, is a Brazilian Depositary Receipt rather than a directly listed share.
What is the difference between GRO and GROP31?
GRO is the NYSE American-listed share, quoted in US dollars — the company's primary line. GROP31 is a Brazilian Depositary Receipt over that same share, trading on the B3 in reais. Brazil Potash's operations are mainly in Brazil, and this structure serves both sides: international investors reach the company through the US listing, while Brazilian investors can hold that same US-listed share through the BDR, in reais, without sending money abroad.
How can I buy Brazil Potash stock in the United States?
Brazil Potash is listed on the NYSE American under GRO, priced in US dollars. Any US brokerage offering NYSE American-listed securities can trade it, with no foreign-account paperwork and no currency conversion.
As of Fri, Aug 14, 17:00 BRT · Market closed
Financial data last updated: August 13, 2026
