Harvest Minerals (LON:HMI) Stock Passes Below Fifty Day Moving Average – Here’s What Happened

Harvest Minerals Limited (LON:HMI) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 0.28 and traded as low as GBX 0.20. Harvest Minerals shares last traded at GBX 0.25, with a volume of 30,462 shares.

Harvest Minerals Stock Performance

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’s 50 day moving average is GBX 0.28 and its 200-day moving average is GBX 0.31. The firm has a market cap of £1.26 million, a price-to-earnings 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.