Harvest Minerals (LON:HMI) Trading 23.1% Higher – Should You Buy?

Harvest Minerals Limited (LON:HMI) shot up 23.1% on Friday . The company traded as high as GBX 0.40 ($0.01) and last traded at GBX 0.40 ($0.01). 1,914,311 shares traded hands during mid-day trading, an increase of 187% from the average session volume of 665,972 shares. The stock had previously closed at GBX 0.33 ($0.00).

Harvest Minerals Stock Performance

The company’s 50-day moving average price is GBX 0.56 and its two-hundred day moving average price is GBX 0.62. The company has a market cap of £2.16 million, a P/E ratio of -0.44 and a beta of 0.15. The company has a current ratio of 1.76, a quick ratio of 4.99 and a debt-to-equity ratio of 37.98.

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.