Harvest Minerals (LON:HMI) Stock Jumps 6.7% – Still a Buy?

Harvest Minerals Limited (LON:HMI)’s share price was up 6.7% on Thursday. The stock traded as high as GBX 0.24 and last traded at GBX 0.24. 1,416,690 shares were traded during trading, a decline of 54% from the average session volume of 3,072,423 shares. The stock had previously closed at GBX 0.23.

Harvest Minerals Stock Up 6.7%

The company has a current ratio of 0.71, a quick ratio of 4.99 and a debt-to-equity ratio of 1,286.33. The firm has a market capitalization of £1.30 million, a P/E ratio of -0.17 and a beta of 1.27. The stock’s 50-day simple moving average is GBX 0.25 and its 200-day simple moving average is GBX 0.29.

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.