Harvest Minerals (LON:HMI) Shares Pass Below Fifty Day Moving Average – Should You Sell?

Harvest Minerals Limited (LON:HMI)’s stock price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 0.55 ($0.01) and traded as low as GBX 0.55 ($0.01). Harvest Minerals shares last traded at GBX 0.65 ($0.01), with a volume of 4,018 shares.

Harvest Minerals Trading Down 5.3 %

The stock has a market capitalization of £1.64 million, a P/E ratio of -56.80 and a beta of 0.15. The firm’s 50 day simple moving average is GBX 0.55 and its two-hundred day simple moving average is GBX 0.79. 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 (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.