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The latest announcement is out from Horizon Minerals Ltd ( (AU:HRZ) ).
Horizon Minerals Limited has announced the application for quotation of 422,823,368 fully paid ordinary securities on the Australian Securities Exchange (ASX). This issuance is part of a previously announced transaction, and the move is expected to bolster the company’s capital structure, potentially enhancing its market position and providing additional resources for its ongoing and future projects.
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 is a company operating in the mining industry, primarily focused on the exploration and development of mineral resources. The company’s market focus includes the production and sale of minerals, with a strategic emphasis on expanding its resource base and enhancing shareholder value.
Average Trading Volume: 6,591,102
Technical Sentiment Signal: Sell
Current Market Cap: A$128.2M
For an in-depth examination of HRZ stock, go to TipRanks’ Overview page.