Harvest Minerals (LON:HMI) Stock Price Down 26.2% – What’s Next?

Harvest Minerals Limited (LON:HMI) fell 26.2% during mid-day trading on Tuesday . The company traded as low as GBX 0.25 and last traded at GBX 0.25. 477,655 shares were traded during trading, a decline of 87% from the average session volume of 3,751,536 shares. The stock had previously closed at GBX 0.34.

Harvest Minerals Price Performance

The company has a quick ratio of 4.99, a current ratio of 0.96 and a debt-to-equity ratio of 84.02. The firm’s fifty day moving average price is GBX 0.37 and its two-hundred day moving average price is GBX 0.32. The stock has a market capitalization of £1.26 million, a PE ratio of -0.20 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.