Harvest Minerals (LON:HMI) Shares Down 17.1% – What’s Next?

Shares of Harvest Minerals Limited (LON:HMI) traded down 17.1% during trading on Monday . The company traded as low as GBX 0.25 and last traded at GBX 0.29. 2,581,143 shares traded hands during trading, a decline of 25% from the average session volume of 3,456,474 shares. The stock had previously closed at GBX 0.35.

Harvest Minerals Stock Down 17.1%

The company has a quick ratio of 4.99, a current ratio of 0.96 and a debt-to-equity ratio of 84.02. The company has a market capitalization of £1.46 million, a PE ratio of -0.23 and a beta of 1.37. The business’s 50 day simple moving average is GBX 0.34 and its 200 day simple moving average is GBX 0.32.

Harvest Minerals Company Profile

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.