Harvest Minerals (LON:HMI) Trading Up 7.1% – Here’s Why

Shares of Harvest Minerals Limited (LON:HMI) rose 7.1% on Friday . The company traded as high as GBX 0.35 and last traded at GBX 0.35. Approximately 5,306,313 shares were traded during trading, an increase of 13% from the average daily volume of 4,690,896 shares. The stock had previously closed at GBX 0.33.

Harvest Minerals Price Performance

The firm has a market cap of £1.94 million, a price-to-earnings ratio of -0.31 and a beta of 0.15. The company’s fifty day moving average is GBX 0.28 and its two-hundred day moving average is GBX 0.28. The company has a debt-to-equity ratio of 37.98, a quick ratio of 4.99 and a current ratio of 1.76.

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.