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Horizon Minerals Ltd ( (AU:HRZ) ) has shared an update.
Horizon Minerals Ltd has completed a consolidation of its issued capital on a fifteen-to-one basis, as approved by shareholders. This restructuring aims to streamline the company’s capital structure, with the post-consolidation capital consisting of 205,455,193 fully paid ordinary shares and various unquoted securities. This move is expected to enhance the company’s market positioning and potentially impact shareholder value positively. Trading of the consolidated securities will begin on December 18, 2025.
The most recent analyst rating on (AU:HRZ) stock is a Hold with a A$0.07 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 is a company in the mining industry, primarily focused on mineral exploration and production. The company is listed on the Australian Securities Exchange (ASX) under the ticker HRZ.
Average Trading Volume: 939,449
Technical Sentiment Signal: Buy
Current Market Cap: A$195.2M
For an in-depth examination of HRZ stock, go to TipRanks’ Overview page.