Harvest Minerals (LON:HMI) Trading 12.7% Higher – Should You Buy?

Harvest Minerals Limited (LON:HMIGet Free Report)’s stock price was up 12.7% during mid-day trading on Monday . The company traded as high as GBX 0.33 and last traded at GBX 0.31. 6,246,400 shares changed hands during trading, an increase of 92% from the average daily volume of 3,248,662 shares. The stock had previously closed at GBX 0.28.

Harvest Minerals Price Performance

The firm has a 50-day moving average of GBX 0.24 and a 200 day moving average of GBX 0.30. The company has a market capitalization of £1.60 million, a PE ratio of -0.20 and a beta of 1.27. 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.

Harvest Minerals Company Profile

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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.

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