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Horizon Minerals Ltd ( (AU:HRZ) ) has provided an update.
Horizon Minerals Limited has announced the issuance of 51,378 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code HRZ. This move is part of the company’s strategy to optimize its capital structure and potentially improve its liquidity position, which could have implications for its operational capabilities and market competitiveness.
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 operates in the mining industry, focusing primarily on the exploration and development of mineral resources. The company is engaged in activities related to the extraction and processing of minerals, aiming to enhance its market presence in the commodities sector.
Average Trading Volume: 9,981,098
Technical Sentiment Signal: Sell
Current Market Cap: A$161.7M
Find detailed analytics on HRZ stock on TipRanks’ Stock Analysis page.