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The latest announcement is out from Horizon Minerals Ltd ( (AU:HRZ) ).
Ocean Wing Investments Limited has become a substantial holder in Horizon Minerals Ltd, acquiring a 9.98% voting power through the purchase of 288,372,093 fully paid ordinary shares. This acquisition, led by sole shareholder Cindy Deng, signifies a significant investment in Horizon Minerals, potentially impacting the company’s strategic direction and market influence.
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 operates in the mining industry, focusing on the exploration and development of mineral resources, particularly gold. The company is positioned within the mining sector, targeting the extraction and production of valuable minerals to meet market demands.
Average Trading Volume: 6,552,920
Technical Sentiment Signal: Sell
Current Market Cap: A$141.6M
For detailed information about HRZ stock, go to TipRanks’ Stock Analysis page.