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Horizon Minerals Ltd ( (AU:HRZ) ) has provided an announcement.
Horizon Minerals Ltd has issued 422,823,368 fully paid ordinary shares at $0.043 per share under a two-tranche placement, as approved by shareholders. This move, compliant with the Corporations Act, strengthens the company’s capital structure and supports its ongoing projects, potentially enhancing its market position and stakeholder value.
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 Ltd is a company operating in the mining industry, primarily focusing on the exploration and development of mineral resources. The company’s market focus includes the acquisition and development of gold and other mineral projects, positioning itself as a key player in the resource sector.
Average Trading Volume: 6,591,102
Technical Sentiment Signal: Sell
Current Market Cap: A$128.2M
Find detailed analytics on HRZ stock on TipRanks’ Stock Analysis page.