Harvest Minerals (LON:HMI) Shares Climb 6.7% – Here’s Why

Shares of Harvest Minerals Limited (LON:HMI) rose 6.7% on Thursday. The stock traded as high as GBX 0.24 and last traded at GBX 0.24. Approximately 1,416,690 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 3,072,423 shares. The stock had previously closed at GBX 0.23.

Harvest Minerals Trading Up 6.7%

The stock has a market capitalization of £1.30 million, a PE ratio of -0.17 and a beta of 1.27. The company has a current ratio of 0.71, a quick ratio of 4.99 and a debt-to-equity ratio of 1,286.33. The firm has a 50-day moving average price of GBX 0.25 and a 200-day moving average price of GBX 0.29.

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.