tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Verde AgriTech Hits Best Rare Earth Intercept Yet at Minas Americas Project

Story Highlights
  • Verde AgriTech reported its best rare earth intercept to date at PT-34, with shallow, high-grade mineralization and 25% of drilled metres exceeding 0.40% TREO.
  • Buoyed by strong grades and open mineralization, Verde is expanding drilling, broadening technical studies and targeting a 2026 maiden resource and preliminary economic assessment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Verde AgriTech Hits Best Rare Earth Intercept Yet at Minas Americas Project

Claim 50% Off TipRanks Premium

Verde Agritech ( (TSE:NPK) ) just unveiled an announcement.

Verde AgriTech announced strong new drilling results from its PT-34 target at the Minas Americas Global Alliance rare earths project in Minas Gerais, Brazil, including its best intercept to date of 13.0 metres grading 0.83% total rare earth oxides (TREO), with an 8.0-metre interval at 1.01% TREO and a peak sample of 1.35% TREO. The company reported that 25% of the 279.8 metres drilled so far at PT-34 returned grades of at least 0.40% TREO, mineralization remains open at depth, and the magnet-rich rare earth basket strengthens with grade, prompting the board to expand the resource-definition footprint, drill additional metres, and advance dual-track technical disclosure under Canada’s NI 43-101 and U.S. SEC S-K 1300 ahead of a maiden resource estimate in the first half of 2026 and a preliminary economic assessment in the second half of 2026.

The most recent analyst rating on (TSE:NPK) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Verde Agritech stock, see the TSE:NPK Stock Forecast page.

Spark’s Take on TSE:NPK Stock

According to Spark, TipRanks’ AI Analyst, TSE:NPK is a Neutral.

The score is held back primarily by weak financial performance (declining revenue, large losses, high leverage, and deteriorating cash flow). Technicals are a meaningful offset, with the stock trading above all major moving averages and showing positive momentum. Valuation provides little support due to negative earnings (negative P/E) and no dividend yield data.

To see Spark’s full report on TSE:NPK stock, click here.

More about Verde Agritech

Verde AgriTech is a Brazil-focused company developing mineral projects, with current work centered on rare earth elements at its Minas Americas Global Alliance Project in Minas Gerais, targeting magnet-rich rare earth oxides used in advanced technologies and clean-energy applications for global markets.

Average Trading Volume: 155,152

Technical Sentiment Signal: Buy

Current Market Cap: C$81.11M

Find detailed analytics on NPK stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1