Harvest Minerals (LON:HMI) Stock Price Passes Above 50-Day Moving Average – What’s Next?

Harvest Minerals Limited (LON:HMI) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 0.24 and traded as high as GBX 0.27. Harvest Minerals shares last traded at GBX 0.27, with a volume of 377,358 shares traded.

Harvest Minerals Price Performance

The firm has a market capitalization of £1.01 million, a P/E ratio of -0.14 and a beta of 1.37. The company has a debt-to-equity ratio of 1,286.33, a quick ratio of 4.99 and a current ratio of 0.71. The firm has a 50-day moving average of GBX 0.24 and a 200-day moving average of GBX 0.31.

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.