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Horizon Minerals Expands Gold Operations and Acquires New Assets

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Horizon Minerals Expands Gold Operations and Acquires New Assets

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

Horizon Minerals Limited reported continued safe gold production and revenue from its Boorara and Phillips Find operations, alongside ongoing drilling and engineering studies for the Black Swan Project. The company also acquired a 100% interest in the Gordons Project, enhancing its asset portfolio near the Black Swan processing facility. These activities are part of Horizon’s strategic focus on expanding its gold production capabilities and exploration efforts, which include accelerating the Burbanks drilling program and refurbishing the Black Swan facility into a gold plant.

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 gold production and exploration company operating in the Kalgoorlie and Coolgardie regions of Western Australia. The company focuses on near-term gold production and exploration within its extensive tenement package, which includes significant gold and multi-commodity assets such as the Nimbus Silver-Zinc Project.

YTD Price Performance: 115.00%

Average Trading Volume: 8,740,879

Technical Sentiment Signal: Buy

Current Market Cap: A$257.5M

For detailed information about HRZ stock, go to TipRanks’ Stock Analysis page.

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