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

Harvest Minerals Limited (LON:HMI)’s stock price rose 19.5% during trading on Wednesday . The company traded as high as GBX 0.33 and last traded at GBX 0.33. Approximately 533,077 shares were traded 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 company has a market cap of £1.76 million, a P/E ratio of -0.28 and a beta of 1.37. The company has a current ratio of 0.96, a quick ratio of 4.99 and a debt-to-equity ratio of 84.02. The business’s fifty day moving average is GBX 0.36 and its 200 day moving average is GBX 0.32.

About Harvest Minerals

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.