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The latest announcement is out from Harvest Minerals ( (GB:HMI) ).
Harvest Minerals Limited reported its audited final results for the year ending December 31, 2024, highlighting a challenging year due to macroeconomic factors that led to below-expectation performance. The company experienced a significant decline in sales and revenue, prompting cost-reduction measures, including pausing director remuneration. Despite these challenges, Harvest Minerals raised funds through equity issues and renegotiated its working capital debt, setting a sales guidance of 70,000 tonnes for 2025. The company is also exploring strategic alternatives, including potential sales of business divisions, to improve its financial standing.
More about Harvest Minerals
Harvest Minerals Limited is an AIM-listed company operating in the mining sector, primarily focused on the exploration and production of organic natural fertilizers. Its main project, the Arapua Fertiliser Project, is located in Brazil and serves as the company’s sole revenue source.
Average Trading Volume: 1,044,215
Technical Sentiment Signal: Sell
Current Market Cap: £1.01M
For an in-depth examination of HMI stock, go to TipRanks’ Overview page.