Harvest Minerals (LON:HMI) Stock Price Up 9.8% – Here’s What Happened

Harvest Minerals Limited (LON:HMI) shares rose 9.8% during trading on Friday . The stock traded as high as GBX 0.25 and last traded at GBX 0.25. Approximately 725,487 shares traded hands during mid-day trading, an increase of 154% from the average daily volume of 285,411 shares. The stock had previously closed at GBX 0.23.

Harvest Minerals Trading Up 10.7%

The company has a debt-to-equity ratio of 37.98, a quick ratio of 4.99 and a current ratio of 1.76. The firm has a market capitalization of £1.25 million, a price-to-earnings ratio of -0.20 and a beta of 0.15. The business has a 50 day moving average of GBX 0.27 and a two-hundred day moving average of GBX 0.29.

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.