Horizon Minerals Addresses ASX Compliance Issue on Premature Disclosure

Horizon Minerals Ltd ( (AU:HRZ) ) just unveiled an announcement.

Horizon Minerals Ltd addressed a compliance issue with the ASX regarding the premature release of information about a capital raising. The company acknowledged that information was shared with the media before being officially announced to the ASX, due to a misunderstanding of disclosure rules. Horizon has a Continuous Disclosure Policy to ensure compliance with ASX regulations and plans to review and reinforce this policy to prevent future occurrences.

The most recent analyst rating on (AU:HRZ) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.

More about Horizon Minerals Ltd

Horizon Minerals Ltd operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the production and exploration of gold and other minerals, with a market focus on expanding its resource base and optimizing its mining operations.

Average Trading Volume: 6,347,873

Technical Sentiment Signal: Sell

Current Market Cap: A$105.2M

For a thorough assessment of HRZ stock, go to TipRanks’ Stock Analysis page.