Harvest Minerals (LON:HMI) Stock Crosses Below 50 Day Moving Average – Here’s Why

Harvest Minerals Limited (LON:HMI) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-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 changing hands.

Harvest Minerals Stock Performance

The company has a fifty day moving average of GBX 0.56 and a two-hundred day moving average of GBX 0.94. 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 company has a market cap of £1.59 million, a price-to-earnings ratio of -55.00 and a beta of 0.15.

Harvest Minerals Company Profile

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.