Harvest Minerals (LON:HMI) Shares Pass Above Fifty Day Moving Average – Here’s Why

Harvest Minerals Limited (LON:HMI)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 0.25 and traded as high as GBX 0.25. Harvest Minerals shares last traded at GBX 0.21, with a volume of 682,044 shares traded.

Harvest Minerals Price Performance

The firm’s 50 day moving average price is GBX 0.25 and its two-hundred day moving average price is GBX 0.31. The company has a debt-to-equity ratio of 1,286.33, a current ratio of 0.71 and a quick ratio of 4.99. The stock has a market cap of £1.26 million, a PE ratio of -0.17 and a beta of 1.37.

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.