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Horizon Minerals Director Increases Stake Through Share Acquisition

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Horizon Minerals Director Increases Stake Through Share Acquisition

Elevate Your Investing Strategy:

Horizon Minerals Ltd ( (AU:HRZ) ) has shared an update.

Horizon Minerals Limited announced a change in the director’s interest in securities, specifically involving Warren Hallam. Hallam acquired 465,117 fully paid ordinary shares through participation in the Tranche 2 Placement, as approved by shareholders. This acquisition increases his total holding to 1,730,361 shares, reflecting a strategic move to enhance his stake in the company. The transaction did not occur during a closed period, indicating compliance with regulatory requirements.

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 within the mining industry, focusing primarily on the exploration and development of mineral resources. The company is engaged in the production of gold and other precious metals, aiming to expand its market presence through strategic investments and acquisitions.

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.

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