Harvest Minerals (LON:HMI) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Harvest Minerals Limited (LON:HMI)’s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 0.49 ($0.01) and traded as low as GBX 0.30 ($0.00). Harvest Minerals shares last traded at GBX 0.35 ($0.00), with a volume of 776,608 shares.

Harvest Minerals Stock Up 7.7 %

The company’s 50 day simple moving average is GBX 0.49 and its 200-day simple moving average is GBX 0.56. The firm has a market capitalization of £1.89 million, a PE ratio of -0.38 and a beta of 0.15. The company has a debt-to-equity ratio of 37.98, a quick ratio of 4.99 and a current ratio of 1.76.

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.