Harvest Minerals (LON:HMI) Trading Up 4.9% – Here’s Why

Harvest Minerals Limited (LON:HMI)’s share price shot up 4.9% during mid-day trading on Thursday . The stock traded as high as GBX 0.29 and last traded at GBX 0.24. Approximately 2,942,939 shares changed hands during trading, a decline of 17% from the average session volume of 3,540,755 shares. The stock had previously closed at GBX 0.23.

Harvest Minerals Trading Up 4.9%

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. The company has a market capitalization of £1.19 million, a PE ratio of -0.16 and a beta of 1.37. The company’s fifty day moving average is GBX 0.25 and its 200-day moving average is GBX 0.31.

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.