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The latest update is out from Horizon Minerals Ltd ( (AU:HRZ) ).
Horizon Minerals Ltd has announced the issuance of 49,215,850 fully paid ordinary shares following a Notice of Conversion from the Nebari Gold Fund. This move is part of a Convertible Loan approved by shareholders, which could impact the company’s capital structure and potentially enhance its financial flexibility.
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 Ltd is a company operating in the mining industry, primarily focused on the exploration and development of gold projects.
Average Trading Volume: 9,981,098
Technical Sentiment Signal: Sell
Current Market Cap: A$161.7M
Learn more about HRZ stock on TipRanks’ Stock Analysis page.