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Horizon Minerals Ltd ( (AU:HRZ) ) has shared an update.
Horizon Minerals reported steady gold production and revenue from its Boorara and Phillips Find operations during the June 2025 quarter, generating significant revenue through existing ore sale and toll milling agreements. The company commenced a drilling program at Burbanks and awarded an engineering study for the Black Swan plant refurbishment. Additionally, Horizon completed a successful $30 million two-tranche placement, which will support ongoing projects and exploration efforts. These developments are expected to enhance Horizon’s operational capabilities and strengthen its position in the gold mining industry.
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 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 of 1,309 km². In addition to its 1.8 million ounces of gold resources, Horizon holds multi-commodity assets, including the 20.2 million ounces Ag Nimbus silver-zinc project.
Average Trading Volume: 6,615,155
Technical Sentiment Signal: Sell
Current Market Cap: A$135.8M
Learn more about HRZ stock on TipRanks’ Stock Analysis page.