IMPORTANT DISCLAIMER: Blank Capital Research ("BCR") is a technology platform, not a registered investment advisor or broker-dealer. The algorithmically generated signals, scores, and rankings provided on this site ("God Mode" Signals) are for informational and research purposes only and do not constitute financial advice, investment recommendations, or an offer to sell or solicit an offer to buy any securities.
HYPOTHETICAL PERFORMANCE RESULTS: The "timing scores" and "regime signals" displayed are based on quantitative models. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity.
RISK OF LOSS: Trading in financial markets involves a high degree of risk and may result in the loss of your entire investment. Data provided by third-party sources (Intrinio, Snowflake) is believed to be reliable but is not guaranteed for accuracy or completeness. Past performance is not indicative of future results.
© 2026 Blank Capital Research. All rights reserved. System Version: Aegis V8 (God Mode).
Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#4326
Positioning
Market Dominance
Mining
Non-Metallic And Industrial Metal Mining
$296M
Matthew Simpson
We are a mineral exploration and development company with a potash mining project (which we refer to as the “Autazes Project”) located in the state of Amazonas, Brazil. We were incorporated on October 10, 2006 under the laws of the Province of Ontario, Canada, and are headquartered in Toronto, Ontario, Canada. We were formed to engage in the exploration and mining of potash in Brazil. Our agent for service of process in the United States is CT Corporation System, located at 28 Liberty Street, New York, New York 10005. Our principal executive offices are located at 198 Davenport Road, Toronto, Ontario, Canada.
Headcount
—
HQ Base
Get full access to institutional-quality research tools with Blank Capital Pro.
Upgrade to ProStarting at $19.99/mo
Get full access to institutional-quality research tools with Blank Capital Pro.
Upgrade to ProStarting at $19.99/mo
Get full access to institutional-quality research tools with Blank Capital Pro.
Upgrade to ProStarting at $19.99/mo
Get full access to institutional-quality research tools with Blank Capital Pro.
Upgrade to ProStarting at $19.99/mo
Get full access to institutional-quality research tools with Blank Capital Pro.
Upgrade to ProStarting at $19.99/mo
| Stock | Rating | Score▼ | Quality | Value | Momentum | P/E | EV/EBITDA | ROE | ROA | Gross Mgn | Op Mgn | Net Mgn | Rev Growth | Div Yield | D/E | Mkt Cap | AUDIT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$VALE Vale S.A. | 75 | 88 | 93 | 67 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$SU SUNCOR ENERGY INC | 74 | 87 | 90 | 53 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$TRX TRX GOLD Corp | 72 | 83 | 77 | 96 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$ORLA Orla Mining Ltd. | 72 | 94 | 83 | 78 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$KGC KINROSS GOLD CORP | 71 | 83 | 89 | 79 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$AEM AGNICO EAGLE MINES LTD | 71 | 80 | 80 | 71 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$RIO RIO TINTO PLC | 70 | 76 | 84 | 64 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$IAG IAMGOLD CORP | 70 | 71 | 82 | 89 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$NGD New Gold Inc. /FI | 70 | 76 | 67 | 92 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PDS PRECISION DRILLING Corp | 70 | 77 | 90 | 65 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$GRO Brazil Potash Corp. | 33 | 20 | 11 | 32 | 2.0x | - | -137.1% | -131.6% | - | - | - | -1.3% | 0.0% | 0.0x | $296M | ||
| SECTOR BENCH | - | - | - | - | - | 13.7x | 5.2x | 4.3% | 3.9% | 45.8% | 7.6% | 5.8% | 0.1% | 0.0% | 0.3x | - | REF |
Brazil Potash Corp. (GRO) receives a "Avoid" rating with a composite score of 32.6/100. It ranks #4326 out of 7,333 stocks in our coverage universe and carries a 1-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.
Sign in to join the discussion.
TORONTO, Ontario
Lagging peers — losers tend to keep underperforming
Expensive relative to fundamentals — limited margin of safety
Weak fundamentals — higher risk of value trap
High volatility — wider range of outcomes increases timing risk
Moderate investment profile
Below-average composite — caution warranted
Get full access to institutional-quality research tools with Blank Capital Pro.
Upgrade to ProStarting at $19.99/mo
Relative valuation derived from Mining sector benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Re-calculated daily.
Projection based on user-defined inputs. Re-calculated daily against current market data.
Reverse DCF Framework — Mauboussin Methodology
Institutional-grade Reverse DCF analysis. This model identifies the growth hurdles embedded in current market prices. When implied growth is significantly lower than historical or projected rates, a margin of safety may exist. Re-audited daily.
No analyst ratings for GRO.
View All Ratings| Factor | Global | Sector | Tilt |
|---|---|---|---|
| PROFITABILITY | 20 | 7 | +13ALPHA |
| MOMENTUM | 32 | 28 | +4NEUTRAL |
| VALUATION | 11 | 4 | +7ALPHA |
| INVESTMENT | 42 | 62 | -20DRAG |
| STABILITY | 15 | 5 | +10ALPHA |
| SHORT INT | 53 | 64 | -11DRAG |
Global = full universe. Sector = relative to industry peers. Positive tilt indicates idiosyncratic strength.
ROE proxy -137.1% (sector 4.3%)
GM N/A vs sector 46%, OM N/A vs sector 8%
Capital turnover N/A
Rev growth -1%
Interest coverage N/A
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation and elite competitive moats.
Profit generated per dollar of shareholder equity
Efficiency of asset utilization
Pricing power and cost efficiency
Core business profitability
Bottom-line profitability
The Quality factor evaluates the persistence and magnitude of realized cash flows. Companies with scores >70 exhibit superior pricing power and structural financial resilience through diverse economic regimes.
Our uncertainty rating tracks the predictability of future cash flows and potential for permanent capital loss. Moderate visibility with standard industry cyclicality.
We rate Brazil Potash Corp. (GRO) as Avoid with a composite score of 32.6/100 at a current price of $2.67. The stock falls in the bottom quintile, and the multi-factor weakness suggests a high probability of continued underperformance.
Brazil Potash Corp. holds a top-quartile position (#0 of 50) within the Mining sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 32.6/100 places it at rank #4326 in our full universe.
No Moat
High
Poor
Fair Value
Stable competitive position in a defensive sector.
Weak momentum suggests persistent institutional selling pressure.
Below-average quality raises earnings sustainability concerns.
Vulnerability to macroeconomic shocks and interest rate volatility.
Brazil Potash Corp. represents a avoid based on multi-factor quantitative performance.
Our quantitative model flags Brazil Potash Corp. with an Avoid rating, assigning a composite score of 32.6/100 and 1 out of 5 stars. Ranked #4326 of 7,333 stocks, GRO falls in the bottom tier across key factors. Historically, stocks with this profile have faced elevated risk of underperformance and capital loss.
Brazil Potash Corp. registers a weak quality score of just 20/100, indicating significant profitability challenges. The company reports a return on equity of -137.1% (sector avg: 4.3%). Low quality scores are often associated with businesses in turnaround mode, early-stage growth, or structurally challenged industries.
GRO registers a value score of just 11/100, suggesting the stock trades at a significant premium to its fundamental metrics. Key valuation metrics include a P/E ratio of 2.03x, a P/B ratio of 1.02x. High-premium valuations like this require strong future execution to avoid multiple compression, and downside risk is elevated if growth disappoints.
With an investment score of 42/100, GRO exhibits moderate growth-oriented spending. Key growth metrics include revenue growth of -1.3% vs. a sector average of 0.1% and a return on assets of -131.6% (sector: 3.9%). The company appears to be balancing growth investments with capital returns, though the pace of investment may not be enough to accelerate top-line growth meaningfully.
GRO is currently showing below-average momentum at 32/100, which may indicate weakening institutional interest or negative sentiment shifts. Revenue growth stands at -1.3% year-over-year, while a beta of 1.00 reflects its sensitivity to broader market moves. Investors should note that declining momentum can precede further price weakness, though contrarian opportunities sometimes emerge at these levels.
Brazil Potash Corp. registers a low stability score of 15/100, indicating high volatility and potentially stressed financial conditions. Key stability metrics include a beta of 1.00 and a debt-to-equity ratio of 0.00x (sector avg: 0.3x). Stocks at this level carry elevated capital loss risk and may be unsuitable for conservative portfolios without careful risk management.
The short interest score of 53/100 for GRO suggests somewhat elevated bearish positioning by institutional traders. Specific risk factors include micro-cap liquidity risk. With a $296M market cap (micro-cap), Brazil Potash Corp. may experience above-average volatility. Investors should consider whether the short thesis has merit or if it creates a potential short-squeeze opportunity.
Brazil Potash Corp. is a micro-cap company in the Mining sector, ranked #0 of 50 in its sector (100th percentile) and #4326 of 7,333 overall (41st percentile). Key comparisons include ROE of -137.1% trailing the 4.3% sector median. This top-quartile standing reflects exceptional competitive strength relative to Mining peers.
While GRO currently exhibits a AVOID profile, superior opportunities exist within the MINING sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
View Top Mining Alpha →Quant Factor Profile
Upgrade catalyst
Improvement in Value (11) would have the largest impact on the composite score.
ROE 3288% BELOW SECTOR MEDIAN
Debt/Equity 100% BELOW SECTOR MEDIAN (FAVORABLE)
Div. Yield NaN% BELOW SECTOR MEDIAN
Above 50MA
37.18%
Net New Highs
+51081
Brazil Potash has appointed BTIG, LLC as its lead financial advisor to secure equity investment for project construction, aiming to bring in strategic partners with minimal shareholder dilution.
Brazil’s National Water and Sanitation Agency (ANA) grants 10-year water extraction rights from the Rio Madeira, eliminating need for sixteen deep groundwater wells and reducing construction costsWSP Global commences demographic and needs analysis across 36 Mura indigenous communities toward development of a Wellbeing PlanThird-party proposals received for Build, Own, Operate and Transfer of port, steam plant, and 20MW construction power infrastructureConstruction financing discussions advancing
Download the Complete Report Here By Rayk Riechmann Mineral exploration and development specialist Brazil Potash Corp. (NYSE: GRO) is advancing efforts to become Brazil’s largest potash fertilizer mining company. For investors, there’s an opportunity to bet on a rare disruptor in a gigantic market historically dominated by imports. With 2.4 million tons of underground mining […]
Unfortunately for some shareholders, the Agria Group Holding AD ( BUL:AGH ) share price has dived 45% in the last...
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...