Harvest Minerals (LON:HMI) Trading 12.7% Higher – Here’s Why

Harvest Minerals Limited (LON:HMIGet Free Report) traded up 12.7% on Monday . The company traded as high as GBX 0.33 and last traded at GBX 0.31. Approximately 6,246,400 shares were traded during mid-day trading, an increase of 92% from the average session volume of 3,248,662 shares. The stock had previously closed at GBX 0.28.

Harvest Minerals Price Performance

The company has a market cap of £1.68 million, a price-to-earnings ratio of -0.21 and a beta of 1.27. The company’s 50-day simple moving average is GBX 0.24 and its 200-day simple moving average is GBX 0.30. The company has a debt-to-equity ratio of 1,286.33, a current ratio of 0.71 and a quick ratio of 4.99.

About Harvest Minerals

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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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