Harvest Minerals (LON:HMI) Share Price Passes Below 50 Day Moving Average – Time to Sell?

Harvest Minerals Limited (LON:HMI)’s share price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 0.56 ($0.01) and traded as low as GBX 0.50 ($0.01). Harvest Minerals shares last traded at GBX 0.50 ($0.01), with a volume of 10,365 shares trading hands.

Harvest Minerals Price Performance

The stock has a market cap of £1.59 million, a price-to-earnings ratio of -55.00 and a beta of 0.15. The stock has a 50 day simple moving average of GBX 0.56 and a 200 day simple moving average of GBX 0.94. The company has a quick ratio of 4.99, a current ratio of 0.96 and a debt-to-equity ratio of 63.30.

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.