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Horizon Minerals Seeks ASX Quotation for 16,746 New Ordinary Shares

Story Highlights
  • Horizon Minerals applied to quote 16,746 new ordinary fully paid shares on the ASX.
  • The small share issue reflects routine capital management with minimal impact on operations or strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Horizon Minerals Seeks ASX Quotation for 16,746 New Ordinary Shares

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The latest announcement is out from Horizon Minerals Ltd ( (AU:HRZ) ).

Horizon Minerals Limited has applied for the quotation of 16,746 new ordinary fully paid shares on the Australian Securities Exchange, with an issue date of 16 January 2026. The modest increase in quoted securities, arising from the exercise or conversion of existing options or other convertible instruments, marginally expands Horizon’s equity base and free float, reflecting routine capital management rather than a major shift in the company’s funding or operational strategy.

The most recent analyst rating on (AU:HRZ) stock is a Sell with a A$1.00 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 an Australian-listed resources company trading on the ASX under the code HRZ. The company operates in the mining and resources sector, with its activities and capital market presence focused on the exploration, development and production of mineral assets, funded in part through equity securities quoted on the Australian Securities Exchange.

Average Trading Volume: 935,880

Technical Sentiment Signal: Buy

Current Market Cap: A$267.1M

For a thorough assessment of HRZ stock, go to TipRanks’ Stock Analysis page.

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