Harvest Minerals (LON:HMI) Shares Down 0.9% – Here’s Why

Harvest Minerals Limited (LON:HMI)’s stock price dropped 0.9% during trading on Tuesday . The company traded as low as GBX 0.31 and last traded at GBX 0.35. Approximately 377,403 shares traded hands during trading, a decline of 90% from the average daily volume of 3,876,817 shares. The stock had previously closed at GBX 0.35.

Harvest Minerals Stock Performance

The company has a market capitalization of £1.74 million, a price-to-earnings ratio of -0.27 and a beta of 1.37. The stock has a 50 day simple moving average of GBX 0.37 and a 200 day simple moving average of GBX 0.31. The company has a quick ratio of 4.99, a current ratio of 0.96 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.