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An announcement from Horizon Minerals Ltd ( (AU:HRZ) ) is now available.
Horizon Minerals Limited has completed the acquisition of the Gordons Dam Project from Yandal Resources Limited, encompassing 34 mining licenses over approximately 77 km2 in the Western Australian goldfields. This acquisition, which involved a cash payment and issuance of shares to Yandal, strategically enhances Horizon’s portfolio by adding prospective gold tenures near its Black Swan processing facility, positioning the company for future exploration and drilling activities in 2026.
The most recent analyst rating on (AU:HRZ) stock is a Buy with a A$0.18 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 is a company operating in the gold mining industry, primarily focusing on the exploration and development of gold projects in the Western Australian goldfields. The company is strategically positioned with its assets located near its Black Swan processing plant.
YTD Price Performance: 22.50%
Average Trading Volume: 10,768,224
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$149.2M
For a thorough assessment of HRZ stock, go to TipRanks’ Stock Analysis page.