Harvest Minerals (LON:HMI) Shares Cross Below Fifty Day Moving Average – Here’s Why

Shares of Harvest Minerals Limited (LON:HMI) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 0.55 ($0.01) and traded as low as GBX 0.55 ($0.01). Harvest Minerals shares last traded at GBX 0.65 ($0.01), with a volume of 207,525 shares trading hands.

Harvest Minerals Stock Up 8.3 %

The company has a debt-to-equity ratio of 63.30, a current ratio of 0.96 and a quick ratio of 4.99. The firm has a 50 day simple moving average of GBX 0.55 and a 200-day simple moving average of GBX 0.78. The stock has a market capitalization of £1.88 million, a price-to-earnings ratio of -65.00 and a beta of 0.15.

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.