Harvest Minerals Limited (DI) (HMI)

Sector:

Mining

Index:

FTSE AIM All-Share

 1.85p
   
  • Change Today:
      0.000p
  • 52 Week High: 6.40
  • 52 Week Low: 0.71
  • Currency: UK Pounds
  • Shares Issued: 189.17m
  • Volume: 509
  • Market Cap: £3.50m
  • RiskGrade: 338

Harvest Minerals upbeat on long-term coffee plant testing

By Josh White

Date: Monday 30 Sep 2019

LONDON (ShareCast) - (Sharecast News) - Remineraliser producer Harvest Minerals announced the initial results of long-term trials on the effectiveness of its 'KPFértil' product on coffee plants, compared to conventional chemical fertiliser.
The AIM-traded firm said the initial results showed KPFértil was superior to conventional fertilisers, with key biometric measurements taken after the first six and 12 months.

It said at six months, with the exception of stalk diameter, all biometric measurements showed superior results when KPFértil was used over conventional fertilisers.

At 12 months, all biometric measurements showed superior results when KPFértil was applied,, despite additional phosphate being added to the conventional treatment after the first six months.

It explained that the trials were being conducted by the Associação dos Cafeicultores de Araguari (ACA) in Brazil.

"Since we conducted our first agronomic studies in 2016, our knowledge of the application and potential of KPFértil has grown exponentially," said Harvest Minerals executive chairman Brian McMaster.

"These latest results, which are part of a wider programme of long-term agronomic studies, show what we have long suspected - that KPFértil is superior to conventional fertilisers for coffee.

"Additionally, we have been working with several large coffee grower customers around testing the benefits of KPFértil through composting with organic waste and manure to promote the growth of natural bacteria, crucial in good soil development."

McMaster said those tests were producing "exciting" results, which the company would release in due course.

"Much of the development and testing work which commenced several years ago is coming home to prove the importance of KPFértil, which is very timely to aid our marketing initiatives as we continue to build our business.

"We have always said that Harvest has the right commodity, in the right place and at the right time; this has proven to be highly prophetic."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

HMI Market Data

Currency UK Pounds
Share Price 1.85p
Change Today 0.000p
% Change 0.00 %
52 Week High 6.40
52 Week Low 0.71
Volume 509
Shares Issued 189.17m
Market Cap £3.50m
RiskGrade 338

HMI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
27.36% above the market average27.36% above the market average27.36% above the market average27.36% above the market average27.36% above the market average
12.78% above the sector average12.78% above the sector average12.78% above the sector average12.78% above the sector average12.78% above the sector average
Price Trend
37.92% below the market average37.92% below the market average37.92% below the market average37.92% below the market average37.92% below the market average
31.03% below the sector average31.03% below the sector average31.03% below the sector average31.03% below the sector average31.03% below the sector average
Income Not Available
Growth
59.04% above the market average59.04% above the market average59.04% above the market average59.04% above the market average59.04% above the market average
68.25% above the sector average68.25% above the sector average68.25% above the sector average68.25% above the sector average68.25% above the sector average

HMI Dividends

No dividends found

Trades for 26-Apr-2024

Time Volume / Share Price
10:05 509 @ 1.96p

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