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Royalty North ( (TSE:HCU) ) just unveiled an announcement.
Horizon Copper Corp., a company listed on the TSX Venture Exchange, has announced the filing and mailing of meeting materials for a special meeting of its securityholders scheduled for October 9, 2025. The meeting will address a proposed arrangement where Royal Gold, Inc. will acquire all issued and outstanding shares and warrants of Horizon Copper, excluding those held by Sandstorm Gold Ltd., for C$2.00 per share. This offer represents a significant premium over recent trading prices and values the transaction at approximately US$196 million. The Board of Directors of Horizon Copper, following the recommendation of a special committee, unanimously supports the arrangement, highlighting the premium offer, the certainty of value, and the immediate liquidity it provides to securityholders.
The most recent analyst rating on (TSE:HCU) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Royalty North stock, see the TSE:HCU Stock Forecast page.
Spark’s Take on TSE:HCU Stock
According to Spark, TipRanks’ AI Analyst, TSE:HCU is a Neutral.
The overall score reflects significant financial challenges and valuation concerns, partially offset by positive corporate events and technical indicators. The financial instability and negative P/E ratio are major risks, while the strategic acquisition and drill results provide some optimism for future growth.
To see Spark’s full report on TSE:HCU stock, click here.
More about Royalty North
Average Trading Volume: 233,943
Technical Sentiment Signal: Buy
Current Market Cap: C$177.1M
See more insights into HCU stock on TipRanks’ Stock Analysis page.