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Horizon Gold Ltd (AU:HRN)
ASX:HRN
HRN Stock Chart & Stats
AU$0.83
AU$0.02(3.23%)
At close: 4:00 PM EST
AU$0.83
AU$0.02(3.23%)
Day’s Range― - ―
52-Week RangeAU$0.38 - AU$1.34
Previous CloseN/A
Volume3.00
Average Volume (3M)119.56K
Market Cap
AU$181.52M
Enterprise ValueAU$219.69M
Total Cash (Recent Filing)AU$503.00K
Total Debt (Recent Filing)AU$500.00K
Price to Earnings (P/E)―
Beta0.76
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding169,643,830
10 Day Avg. Volume159,279
30 Day Avg. Volume119,565
Financial Highlights & Ratios
PEG Ratio1.79
Price to Book (P/B)2.39
Price to Sales (P/S)0.00
P/FCF Ratio-14.91
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Very Low Leverage / Strong Balance SheetA debt-to-equity near zero is a durable strength: it lowers solvency risk, preserves financial flexibility to fund exploration or bridge operations, and reduces fixed financing costs. This structural balance-sheet capacity supports optionality on project advancement without immediate refinancing pressure.
Focused Gold Exploration And Development ModelA clear, repeatable exploration-to-development model creates definable value milestones (drill results, resource upgrades, feasibility outcomes). Structurally, this aligns incentives around asset de-risking and monetisation events that can unlock capital or JV opportunities over the medium term.
Free Cash Flow Improved Vs Prior YearAn improvement in free cash flow, even from negative levels, signals progress in cost control or operational efficiency. Structurally this suggests management can reduce cash burn trends, improving runway and lowering near-term financing needs if the trend continues across upcoming periods.
Bears Say
No Revenue In 2025 And Negative Gross ProfitZero revenue and negative gross profit indicate the company is not yet generating commercial cash flows from operations. This is a fundamental constraint: without revenue the firm depends on capital markets or asset sales to fund project work, and cannot demonstrate scalable unit economics to investors.
Chronic Negative Operating And Free Cash FlowPersistent negative operating and free cash flows create structural financing risk. Ongoing cash burn forces reliance on external funding or dilution, constrains consistent project spending, and makes long-term planning dependent on capital access rather than internal generation.
Negative Returns On Equity And Limited Profit GenerationNegative ROE shows current asset base is not producing returns, signalling weak capital efficiency. Structurally this undermines investor confidence, elevates required returns for new capital, and indicates a longer path to profitable, self-sustaining operations absent successful project monetisation or operational turnaround.
Horizon Gold Ltd News
HRN FAQ
What was Horizon Gold Ltd’s price range in the past 12 months?
Horizon Gold Ltd lowest share price was AU$0.38 and its highest was AU$1.33 in the past 12 months.
What is Horizon Gold Ltd’s market cap?
Horizon Gold Ltd’s market cap is AU$181.52M.
When is Horizon Gold Ltd’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Horizon Gold Ltd’s earnings last quarter?
Horizon Gold Ltd released its earnings results on Mar 14, 2025. The company reported AU$0 earnings per share for the quarter, the consensus estimate of N/A by AU$0.
Is Horizon Gold Ltd overvalued?
According to Wall Street analysts Horizon Gold Ltd’s price is currently Overvalued.
Does Horizon Gold Ltd pay dividends?
Horizon Gold Ltd does not currently pay dividends.
What is Horizon Gold Ltd’s EPS estimate?
Horizon Gold Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Horizon Gold Ltd have?
Horizon Gold Ltd has 169,643,830 shares outstanding.
What happened to Horizon Gold Ltd’s price movement after its last earnings report?
Horizon Gold Ltd reported an EPS of AU$0 in its last earnings report, expectations of N/A. Following the earnings report the stock price went up 1.695%.
Which hedge fund is a major shareholder of Horizon Gold Ltd?
Currently, no hedge funds are holding shares in AU:HRN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Horizon Gold Ltd Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
112.53%
12-Months-Change
Fundamentals
Return on Equity
-2.97%
Trailing 12-Months
Asset Growth
9.51%
Trailing 12-Months
Company Description
Horizon Gold Ltd
Horizon Gold Limited engages in the exploration, evaluation, development, and production of gold deposits in Australia. Its flagship project is the Gum Creek gold project covering an area of approximately 668 square kilometers located within the Southern Cross Province of the Youanmi Terrane in Western Australia. The company was incorporated in 2016 and is based in West Perth, Australia. Horizon Gold Limited is a subsidiary of Zeta Resources Limited.
Technical Analysis
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Options Prices
Currently, No data available
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