Harvest Minerals (LON:HMI) Trading Down 14.3% – Time to Sell?

Harvest Minerals Limited (LON:HMI)’s stock price traded down 14.3% during trading on Friday . The stock traded as low as GBX 0.30 and last traded at GBX 0.30. 357,854 shares were traded during mid-day trading, a decline of 91% from the average session volume of 3,967,531 shares. The stock had previously closed at GBX 0.35.

Harvest Minerals Price Performance

The stock has a market capitalization of £1.71 million, a PE ratio of -0.27 and a beta of 0.45. The firm has a 50 day moving average price of GBX 0.35 and a 200 day moving average price of GBX 0.30. The company has a current ratio of 0.96, a quick ratio of 4.99 and a debt-to-equity ratio of 84.02.

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.