Harvest Minerals (LON:HMI) Shares Pass Below 50-Day Moving Average – Time to Sell?

Harvest Minerals Limited (LON:HMI)’s share price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 0.58 ($0.01) and traded as low as GBX 0.57 ($0.01). Harvest Minerals shares last traded at GBX 0.59 ($0.01), with a volume of 55,018 shares traded.

Harvest Minerals Stock Performance

The company has a debt-to-equity ratio of 37.98, a quick ratio of 4.99 and a current ratio of 1.76. The stock has a market cap of £3.19 million, a P/E ratio of -0.64 and a beta of 0.15. The business’s 50-day moving average price is GBX 0.58 and its 200-day moving average price is GBX 0.68.

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.