Harvest Minerals (LON:HMI) Stock Price Down 9.1% – Should You Sell?

Harvest Minerals Limited (LON:HMI)’s share price dropped 9.1% during mid-day trading on Thursday . The company traded as low as GBX 0.50 ($0.01) and last traded at GBX 0.50 ($0.01). Approximately 104,568 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 583,179 shares. The stock had previously closed at GBX 0.55 ($0.01).

Harvest Minerals Stock Up 4.7 %

The stock has a fifty day moving average price of GBX 0.58 and a two-hundred day moving average price of GBX 0.99. The company has a debt-to-equity ratio of 63.30, a quick ratio of 4.99 and a current ratio of 0.96. The firm has a market capitalization of £1.67 million, a P/E ratio of -57.60 and a beta of 0.15.

About Harvest Minerals

Harvest Minerals Limited engages in the mineral exploration and production of organic natural fertilizers in Brazil. It holds 100% interests in the Arapua fertilizer project comprising 12 mineral claims located in Brazil; and the Miriri Phosphate project consisting of seven mineral rights spanning an area of total 6,112 hectares located in the State of Pernambuco.