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Horizon Minerals Ltd ( (AU:HRZ) ) has provided an update.
Horizon Minerals Limited has announced a proposed issue of 50,900,000 ordinary fully paid securities, with the issuance date set for May 13, 2025. This strategic move is likely aimed at raising capital to support the company’s operations and growth initiatives, potentially impacting its market position and offering new opportunities for stakeholders.
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 the extraction and production of minerals, positioning itself within the resource sector.
YTD Price Performance: 45.00%
Average Trading Volume: 7,157,079
Technical Sentiment Signal: Hold
Current Market Cap: A$124.1M
Learn more about HRZ stock on TipRanks’ Stock Analysis page.