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Horizon Gold Ltd ( (AU:HRN) ) has provided an announcement.
Horizon Gold Ltd has disclosed a change in director Peter Ross Sullivan’s indirect interests, with entities he fully controls increasing their holdings in the company through participation in a renounceable rights entitlement issue. The transaction saw the acquisition of 250,661 fully paid ordinary shares for $300,793.20, signaling continued financial support and confidence from a key board member, and modestly strengthening insider ownership without involving any trades during a closed period.
The most recent analyst rating on (AU:HRN) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Horizon Gold Ltd stock, see the AU:HRN Stock Forecast page.
More about Horizon Gold Ltd
Horizon Gold Ltd is an Australian-listed resources company focused on gold exploration and development. The company holds interests in gold projects and related securities, with directors and associated entities often participating in capital raisings to support project funding and corporate activities.
Average Trading Volume: 103,164
Technical Sentiment Signal: Buy
Current Market Cap: A$226.2M
For an in-depth examination of HRN stock, go to TipRanks’ Overview page.