Harvest Minerals (LON:HMI) Stock Price Down 10.7% – Should You Sell?

Harvest Minerals Limited (LON:HMI) traded down 10.7% on Friday. The company traded as low as GBX 0.20 and last traded at GBX 0.20. Approximately 528,142 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 2,704,517 shares. The stock had previously closed at GBX 0.23.

Harvest Minerals Price Performance

The company has a quick ratio of 4.99, a current ratio of 0.53 and a debt-to-equity ratio of -378.11. The stock’s 50-day moving average price is GBX 0.24 and its 200-day moving average price is GBX 0.29. The company has a market capitalization of £1.09 million, a price-to-earnings ratio of -0.20 and a beta of 1.27.

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.