Harvest Minerals (LON:HMI) Trading Down 12.7% – Here’s Why

Harvest Minerals Limited (LON:HMI) shares dropped 12.7% during mid-day trading on Monday . The company traded as low as GBX 0.55 ($0.01) and last traded at GBX 0.55 ($0.01). Approximately 870,897 shares changed hands during mid-day trading, an increase of 23% from the average daily volume of 706,162 shares. The stock had previously closed at GBX 0.63 ($0.01).

Harvest Minerals Price Performance

The company has a current ratio of 1.76, a quick ratio of 4.99 and a debt-to-equity ratio of 37.98. The company has a market capitalization of £2.98 million, a P/E ratio of -0.60 and a beta of 0.15. The company has a 50 day moving average price of GBX 0.57 and a 200 day moving average price of GBX 0.70.

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.