Harvest Minerals (LON:HMI) Trading Up 4.9% – Should You Buy?

Harvest Minerals Limited (LON:HMIGet Free Report) shares shot up 4.9% during mid-day trading on Thursday . The company traded as high as GBX 0.29 and last traded at GBX 0.24. Approximately 2,942,939 shares were traded during trading, a decline of 17% from the average daily volume of 3,540,755 shares. The stock had previously closed at GBX 0.23.

Harvest Minerals Stock Up 4.9%

The stock has a market cap of £1.19 million, a PE ratio of -0.16 and a beta of 1.37. The business has a 50 day moving average price of GBX 0.25 and a 200 day moving average price of GBX 0.31. The company has a quick ratio of 4.99, a current ratio of 0.71 and a debt-to-equity ratio of 1,286.33.

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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