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Horizon Minerals Seeks ASX Quotation for Additional Ordinary Shares

Story Highlights
  • Horizon Minerals has applied to list 21,956 new ordinary shares on the ASX.
  • The additional shares stem from exercised options or conversions, reflecting routine capital management.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Horizon Minerals Seeks ASX Quotation for Additional Ordinary Shares

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Horizon Minerals Ltd ( (AU:HRZ) ) has issued an announcement.

Horizon Minerals Ltd has applied to the ASX for quotation of 21,956 new ordinary fully paid shares, expanding its issued capital under the HRZ ticker. The small parcel of securities arises from the exercise or conversion of existing options or other convertible securities, representing a routine capital management step rather than a transformational change to the company’s capital structure.

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 Ltd is an Australian-listed resources company focused on mineral exploration and development, with its ordinary fully paid shares traded on the ASX under the code HRZ.

Average Trading Volume: 967,421

Technical Sentiment Signal: Buy

Current Market Cap: A$263M

See more insights into HRZ stock on TipRanks’ Stock Analysis page.

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