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

Harvest Minerals Limited (LON:HMI)’s share 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 Stock Performance

The firm has a market cap of £1.26 million, a PE ratio of -0.17 and a beta of 1.37. 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 0.31.

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.