TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An update from Horizon Gold Ltd ( (AU:HRN) ) is now available.
Horizon Gold Limited is progressing well with its Gum Creek Feasibility Study, aiming for completion in the first half of 2026. The project has seen a 60% increase in gold prices over the past year, enhancing the value of its assets. The company is focusing on key free milling gold resources, with plans to extend mine life through additional drilling and exploration. A recent $12 million capital raising has strengthened its financial position to complete the feasibility study and undertake planned exploration activities. The board is confident that the development of its large gold resource will add significant value for shareholders.
More about Horizon Gold Ltd
Horizon Gold Limited is an exploration company focused on its 100% owned Gum Creek Project in Western Australia. The project is a significant gold exploration and potential development opportunity with a Mineral Resource Estimate of 2.30 million ounces of gold. The company aims to establish a robust, stand-alone mining operation and is working on a feasibility study to explore resource expansion and underground mining options.
Average Trading Volume: 85,310
Technical Sentiment Signal: Buy
Current Market Cap: A$123.8M
See more insights into HRN stock on TipRanks’ Stock Analysis page.