Harvest Minerals (LON:HMI) Stock Price Up 19.5% – Here’s Why

Harvest Minerals Limited (LON:HMI – Get Free Report)’s share price rose 19.5% on Wednesday . The company traded as high as GBX 0.33 and last traded at GBX 0.33. Approximately 533,077 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 3,721,574 shares. The stock had previously closed at GBX 0.27.

Harvest Minerals Price Performance

The business’s 50-day moving average price is GBX 0.36 and its 200 day moving average price is GBX 0.32. The stock has a market capitalization of £1.76 million, a PE ratio of -0.28 and a beta of 1.37. The company has a debt-to-equity ratio of 84.02, a quick ratio of 4.99 and a current ratio of 0.96.

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Harvest Minerals Company Profile

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Harvest Minerals Limited (HMI.L) is an AIM-quoted low-cost, high margin Brazilian remineraliser producer located in the state of Minas Gerais, the heart of the largest and fastest growing fertiliser market in Brazil.

The company’s product, KPFértil, is a registered and approved organic multi-nutrient direct application fertiliser. It contains many of the essential nutrients and minerals required by plants and, unlike most fertilisers, it does not require any complex processing or chemically alteration, instead it can be applied directly to crops.

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