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Gold/Mining/Energy : Verde Agritech
NPK.TO 0.930+2.2%Nov 26 3:59 PM EST

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From: Sultan11/21/2017 3:49:20 PM
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03:35 PM EST, 11/21/2017 (MT Newswires) -- Verde AgriTech (NPK.TO) shares have risen by nearly half on Tuesday to stand at $0.65 at last look, but they were still off a session high of $0.74 hit earlier in the afternoon, before the company -- at the request of market regulators -- announced the result of a pre-feasibility study during the current quarter for an expansion of its Super Greensand fertilzer production facilities in Brazil.

It had no other explanation for the rise in its shares in heavy trading of 305,000 almost 10 times the average volume over the past 30 days. The shares have traded between $0.20 and $1.77 over the past 12 months.

Verde is eyeing expanding its potassium-rich Super Greensand production from 300,000 tonnes next year to 1.8 million tonnes by 2020.

Price: 0.65, Change: +0.20, Percent Change: +44
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