Disappointing Results from Sergpipe Cause Rio Verde Shares to Drop

Reuters reported that shares of Rio Verde (TSX:RVD) fell after the company announced poor results at its Brazil-based Sergpipe potash project.

As quoted in the market news:

Shares of Rio Verde, which develops fertilizer projects in Brazil, touched a low of 20 Canadian cents in early trade on Tuesday on the Toronto Stock Exchange.

Click here to read the full Reuters report.