Harvest Minerals (LON:HMI) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

Harvest Minerals Limited (LON:HMI)’s stock price 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 traded.

Harvest Minerals Trading Up 11.1%

The company has a debt-to-equity ratio of 1,286.33, a current ratio of 0.71 and a quick ratio of 4.99. The stock has a market capitalization of £1.26 million, a PE ratio of -0.17 and a beta of 1.37. The company’s 50 day moving average price is GBX 0.28 and its two-hundred day moving average price is 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.