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Horizon Minerals Ltd ( (AU:HRZ) ) has shared an update.
Horizon Minerals Limited announced a change in the director’s interest in securities, with Robert Waugh acquiring an additional 465,117 fully paid ordinary shares, bringing his total to 607,857 shares. This acquisition was part of the Tranche 2 Placement approved by shareholders, indicating a strategic move to strengthen the company’s financial position and potentially enhance shareholder value.
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 and other precious metals, aiming to expand its market presence through strategic acquisitions and resource development.
Average Trading Volume: 6,591,102
Technical Sentiment Signal: Sell
Current Market Cap: A$128.2M
See more insights into HRZ stock on TipRanks’ Stock Analysis page.