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Horizon Minerals Ltd ( (AU:HRZ) ) just unveiled an announcement.
Horizon Minerals Limited has announced a proposed issuance of up to 697,674,418 ordinary fully paid securities. This move is part of a placement or other type of issue, with the proposed issue date set for July 11, 2025. The issuance aims to support the company’s strategic initiatives and potentially strengthen its financial position, impacting its operations and market standing.
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 Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with gold mining and exploration, aiming to enhance its market position through strategic resource development.
YTD Price Performance: 22.50%
Average Trading Volume: 6,047,946
Technical Sentiment Signal: Sell
Current Market Cap: A$107.4M
For a thorough assessment of HRZ stock, go to TipRanks’ Stock Analysis page.