Harvest Minerals (LON:HMI) Stock Price Down 25.5% – What’s Next?

Harvest Minerals Limited (LON:HMI)’s share price traded down 25.5% during trading on Wednesday. The company traded as low as GBX 0.20 and last traded at GBX 0.20. 1,919,348 shares were traded during trading, a decline of 38% from the average daily volume of 3,080,645 shares. The stock had previously closed at GBX 0.28.

Harvest Minerals Stock Performance

The firm has a market cap of £1.30 million, a PE ratio of -0.17 and a beta of 1.27. 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 company has a 50-day simple moving average of GBX 0.25 and a two-hundred day simple moving average of GBX 0.29.

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.