Harvest Minerals (LON:HMI) Trading 11.1% Higher – Here’s What Happened

Harvest Minerals Limited (LON:HMI)’s share price rose 11.1% during trading on Tuesday . The stock traded as high as GBX 0.45 and last traded at GBX 0.25. 86,238,086 shares changed hands during mid-day trading, an increase of 2,283% from the average session volume of 3,619,635 shares. The stock had previously closed at GBX 0.23.

Harvest Minerals Trading Up 11.1%

The company has a market cap of £1.26 million, a price-to-earnings ratio of -0.17 and a beta of 1.37. The company has a quick ratio of 4.99, a current ratio of 0.71 and a debt-to-equity ratio of 1,286.33. The business’s fifty day simple moving average is GBX 0.28 and its two-hundred day simple moving average is GBX 0.31.

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.