Harvest Minerals (LON:HMI) Trading Up 16.1% – Time to Buy?

Harvest Minerals Limited (LON:HMIGet Free Report) was up 16.1% during mid-day trading on Wednesday . The stock traded as high as GBX 0.90 ($0.01) and last traded at GBX 0.90 ($0.01). Approximately 233,162 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 573,850 shares. The stock had previously closed at GBX 0.78 ($0.01).

Harvest Minerals Stock Performance

The company has a debt-to-equity ratio of 63.30, a quick ratio of 4.99 and a current ratio of 0.96. The stock has a market cap of £2.02 million, a P/E ratio of -80.00 and a beta of 0.15. The company’s 50 day moving average price is GBX 0.94 and its 200-day moving average price is GBX 1.43.

About Harvest Minerals

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Harvest Minerals Limited engages in the mineral exploration and production of organic natural fertilizers in Brazil. It holds 100% interests in the Arapua fertilizer project comprising 12 mineral claims located in Brazil; and the Miriri Phosphate project consisting of seven mineral rights spanning an area of total 6,112 hectares located in the State of Pernambuco.

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