Harvest Minerals (LON:HMI) Trading Down 14.3% – Here’s What Happened

Harvest Minerals Limited (LON:HMI) shares traded down 14.3% during mid-day trading on Wednesday . The stock traded as low as GBX 0.30 and last traded at GBX 0.30. 605,201 shares were traded during mid-day trading, a decline of 87% from the average session volume of 4,702,948 shares. The stock had previously closed at GBX 0.35.

Harvest Minerals Trading Down 14.3%

The company has a debt-to-equity ratio of 37.98, a current ratio of 1.76 and a quick ratio of 4.99. The company has a market cap of £1.51 million, a price-to-earnings ratio of -0.24 and a beta of 0.15. The business has a 50 day simple moving average of GBX 0.27 and a 200 day simple moving average of GBX 0.28.

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.