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Horizon Minerals Ltd ( (AU:HRZ) ) just unveiled an announcement.
Horizon Minerals Ltd has announced the application for the quotation of 37,573,385 ordinary fully paid securities on the Australian Securities Exchange (ASX), as part of a previously announced transaction. This move is expected to enhance the company’s liquidity and provide additional capital for its ongoing projects, potentially strengthening its market position and offering benefits to its stakeholders.
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, focusing on the exploration and development of mineral resources. The company is primarily involved in the production and sale of gold and other precious metals, with a market focus on expanding its resource base and enhancing shareholder value.
YTD Price Performance: 22.50%
Average Trading Volume: 10,768,224
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$149.2M
For detailed information about HRZ stock, go to TipRanks’ Stock Analysis page.