Harvest Minerals (LON:HMI) Stock Price Up 20% – Should You Buy?

Harvest Minerals Limited (LON:HMIGet Free Report)’s stock price was up 20% during mid-day trading on Tuesday . The company traded as high as GBX 0.30 and last traded at GBX 0.30. Approximately 1,005,927 shares traded hands during mid-day trading, an increase of 37% from the average daily volume of 733,636 shares. The stock had previously closed at GBX 0.25.

Harvest Minerals Price Performance

The company has a quick ratio of 4.99, a current ratio of 1.76 and a debt-to-equity ratio of 37.98. The company has a 50-day moving average of GBX 0.27 and a 200 day moving average of GBX 0.28. The stock has a market capitalization of £1.49 million, a PE ratio of -0.24 and a beta of 0.15.

Harvest Minerals Company Profile

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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.

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