Harvest Minerals Limited (DI) (HMI)

Sector:

Mining

Index:

FTSE AIM All-Share

 0.55p
   
  • Change Today:
      0.000p
  • 52 Week High: 2.30p
  • 52 Week Low: 0.45p
  • Currency: UK Pounds
  • Shares Issued: 289.17m
  • Volume: 129,251
  • Market Cap: £1.59m
  • RiskGrade: 338
  • Beta: 1.01

Harvest Minerals expands capabilities as wait for product certification continues

By Duncan Ferris

Date: Friday 20 Apr 2018

LONDON (ShareCast) - (WebFG News) - Natural fertiliser producer Harvest Minerals has expanded its sales and processing capabilities ahead of product certification for its KPfértil remineraliser.
Equipment is set to arrive on site in the next week for the expansion of the company's modular processing plant and is set to be installed this quarter, while the establishment of a new office has aided the expansion of the sales and marketing scheme.

Brian McMaster, chief executive of Harvest Minerals, said: "We have continued to gain momentum through the first quarter and now into the second. The expansion to both our sales team and processing plant provides us with the capacity to continue to grow our sales and revenues, which remains a key focus for 2018."

The AIM-traded company also stated that it is working closely with Agrocerrado on sales strategy and commercial and technical training.

Meanwhile, the Harvest Minerals has submitted an application to the MAPA to register the Brazilian Arapua Processing Unit as a fertiliser producer, with a view to saving time if the company chooses to register KPfértil as a fertiliser.

The company is waiting for MAPA approval of the product as a remineraliser and has supplied all the necessary documentation for a decision to be made.

"Although the confirmation of KPfértil as a remineraliser hasn't been as efficient as we would have liked, it has not impacted our ability to sell our product. I'd again like to thank all our shareholders for their continued support and we look forward to meeting many of you at the UK Investor Show tomorrow," said McMaster.

Agronomic testwork is ongoing, with the company engaged in long term trials on coffee at the Veloso Agropecuária plantations, other trials with coffee co-operatives and trials on grass for pastures.

As of 1111 BST, Harvest Minerals' shares were down 5.78% at 18.75p.

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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 0.55p
Change Today 0.000p
% Change 0.00 %
52 Week High 2.30p
52 Week Low 0.45p
Volume 129,251
Shares Issued 289.17m
Market Cap £1.59m
Beta 1.01
RiskGrade 338

HMI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
51.66% above the market average51.66% above the market average51.66% above the market average51.66% above the market average51.66% above the market average
33.86% above the sector average33.86% above the sector average33.86% above the sector average33.86% above the sector average33.86% above the sector average
Price Trend
90.12% below the market average90.12% below the market average90.12% below the market average90.12% below the market average90.12% below the market average
81.02% below the sector average81.02% below the sector average81.02% below the sector average81.02% below the sector average81.02% below the sector average
Income Not Available
Growth
15.05% below the market average15.05% below the market average15.05% below the market average15.05% below the market average15.05% below the market average
15.25% below the sector average15.25% below the sector average15.25% below the sector average15.25% below the sector average15.25% below the sector average

HMI Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
11:20 4,347 @ 0.50p
11:20 200 @ 0.50p
11:20 250 @ 0.60p

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