Harvest Minerals (LON:HMI) Trading 12.3% Higher – What’s Next?

Harvest Minerals Limited (LON:HMI) shot up 12.3% during mid-day trading on Wednesday . The company traded as high as GBX 0.45 and last traded at GBX 0.45. 7,036,997 shares were traded during mid-day trading, an increase of 77% from the average session volume of 3,967,511 shares. The stock had previously closed at GBX 0.40.

Harvest Minerals Price Performance

The company’s fifty day moving average price is GBX 0.31 and its 200 day moving average price is GBX 0.29. The company has a market capitalization of £2.21 million, a P/E ratio of -0.35 and a beta of 0.45. The company has a quick ratio of 4.99, a current ratio of 0.96 and a debt-to-equity ratio of 84.02.

About Harvest Minerals

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.