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Horizon Minerals Ltd
(Sydney:HRZ)
Horizon Minerals Ltd (HRZ) vs. iShares MSCI Australia ETF (EWA)
Horizon Minerals Ltd Business Overview & Revenue Model
Horizon Minerals Ltd Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 6.61M | 81.88K | 3.32M | 17.85M | 62.56K |
| Gross Profit | 6.61M | 81.25K | 1.26M | 3.36M | -66.24K |
| EBITDA | -1.70M | -243.00K | -27.54M | 3.03M | 1.42M |
| Net Income | -3.46M | -1.01M | -28.03M | 2.45M | 1.04M |
Balance Sheet | |||||
| Total Assets | 58.93M | 44.74M | 46.48M | 66.45M | 55.15M |
| Cash, Cash Equivalents and Short-Term Investments | 4.29M | 5.62M | 5.41M | 11.32M | 5.90M |
| Total Debt | 8.23M | 6.97M | 86.20K | 133.94K | 4.42M |
| Total Liabilities | 12.66M | 9.44M | 6.48M | 2.38M | 8.73M |
| Stockholders Equity | 46.27M | 35.29M | 40.00M | 64.07M | 46.42M |
Cash Flow | |||||
| Free Cash Flow | -7.08M | -13.04M | -9.25M | -7.09M | -6.46M |
| Operating Cash Flow | -4.30M | -6.81M | -2.39M | 6.05M | -2.08M |
| Investing Cash Flow | 3.75M | -3.96M | -7.13M | -10.96M | -2.63M |
| Financing Cash Flow | -785.67K | 10.98M | 3.62M | 10.33M | 5.66M |
Horizon Minerals Ltd Technical Analysis
Horizon Minerals Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
54 Neutral | AU$115.70M | 10.83 | -12.54% | ― | -10.63% | -168.50% | |
46 Neutral | €123.30M | ― | ― | ― | ― | ||
44 Neutral | AU$1.42B | -6.06 | -40.74% | 3.89% | -3.45% | -41.76% | |
| ― | $67.03M | 16.67 | 3.37% | ― | ― | ― | |
| ― | $118.01M | ― | -598.46% | ― | ― | ― | |
| ― | €60.38M | 10.89 | 8.98% | 5.26% | ― | ― | |
48 Neutral | AU$132.35M | ― | -1.37% | ― | ― | 96.13% |
Horizon Minerals Ltd Corporate Events
Horizon Minerals Limited announced a change in the director’s interest in securities, with Robert Waugh acquiring an additional 465,117 fully paid ordinary shares, bringing his total to 607,857 shares. This acquisition was part of the Tranche 2 Placement approved by shareholders, indicating a strategic move to strengthen the company’s financial position and potentially enhance shareholder 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.
Horizon Minerals Limited announced a change in the director’s interest in securities, specifically involving Mr. Ashok Parekh. The change was due to his participation in the Tranche 2 Placement, which was approved by shareholders at the company’s General Meeting on July 10, 2025. This move reflects the company’s ongoing efforts to strengthen its financial position and expand its shareholder base, potentially impacting its operational strategies and stakeholder interests.
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.
Horizon Minerals Limited has announced a change in the director’s interest, with Grant Haywood acquiring an additional 465,117 fully paid ordinary shares through participation in the Tranche 2 Placement. This acquisition, valued at $20,000, was approved by shareholders at the company’s recent General Meeting. The change in shareholding reflects the company’s ongoing efforts to strengthen its financial position and enhance shareholder 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.
Horizon Minerals Limited announced a change in the director’s interest in securities, specifically involving Warren Hallam. Hallam acquired 465,117 fully paid ordinary shares through participation in the Tranche 2 Placement, as approved by shareholders. This acquisition increases his total holding to 1,730,361 shares, reflecting a strategic move to enhance his stake in the company. The transaction did not occur during a closed period, indicating compliance with regulatory requirements.
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.
Horizon Minerals Limited has announced the application for quotation of 422,823,368 fully paid ordinary securities on the Australian Securities Exchange (ASX). This issuance is part of a previously announced transaction, and the move is expected to bolster the company’s capital structure, potentially enhancing its market position and providing additional resources for its ongoing and future projects.
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.
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.
Horizon Minerals Ltd announced the successful passing of all resolutions at its General Meeting held on 10 July 2025. The resolutions, which were carried out by a poll, included the ratification of prior share issues and approvals for strategic placements. This outcome is expected to positively impact the company’s strategic initiatives and shareholder 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.
Horizon Minerals Limited has announced its participation in the RAAS Research Group Stock Take Webinar, scheduled for July 9, 2025. During the event, Horizon’s Managing Director and CEO, Grant Haywood, will present on the company’s operations and future goals, including its target to become a 100,000 ounces per annum gold producer. The webinar will also feature a Q&A session, offering stakeholders the chance to engage directly with the management, potentially impacting the company’s visibility and investor relations.
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.
Horizon Minerals Limited announced a change in the director’s interest notice, specifically concerning Grant Haywood. The change involved the expiration of listed options, resulting in a decrease in the number of securities held by Haywood. This update reflects the company’s ongoing compliance with ASX listing rules and provides stakeholders with transparency regarding the director’s financial interests.
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.
Horizon Minerals Ltd has released a presentation at the MiningNews Select Conference, highlighting its position as an emerging standalone gold producer. The presentation contains forward-looking statements regarding future earnings, cash flow, and financial performance, emphasizing the inherent risks and uncertainties in the mining industry. The company aims to strengthen its industry positioning by expanding its mineral resource base, despite the challenges posed by market conditions and operational risks.
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.
Horizon Minerals Ltd has announced a new application for the quotation of securities on the Australian Securities Exchange (ASX). The announcement details the issuance of 122 ordinary fully paid securities under the ASX code HRZ, effective from June 25, 2025. This move is part of the company’s strategic efforts to enhance its market presence and potentially attract more investors, thereby impacting its operations and industry positioning positively.
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.
Horizon Minerals Ltd has announced the quotation of 1,156 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of June 18, 2025. This move is part of their ongoing efforts to enhance liquidity and provide additional value to their stakeholders by converting options or other convertible securities.
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.
Horizon Minerals Limited has announced significant progress in its Phillips Find and Boorara Gold Projects. The company has completed toll processing of ore from Phillips Find, generating approximately $5.8 million in revenue and achieving its first free cash flow distribution. Additionally, Horizon plans further ore processing at Greenfields Mill and Focus Minerals Limited’s plant. At Boorara, significant ore stockpiles are being processed under an agreement with Norton Gold Fields, contributing to a substantial increase in revenue. The company’s operations are ramping up, resulting in increased gold production and cash flow.
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.
Horizon Minerals Ltd has announced its upcoming General Meeting scheduled for July 10, 2025, in Perth, Western Australia. Shareholders are encouraged to participate by lodging proxy forms before the deadline. This meeting is significant for stakeholders as it provides an opportunity to engage with the company’s management and discuss future strategies.
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.
Horizon Minerals Limited has announced the quotation of 274,851,051 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of May 30, 2025. This move is part of previously announced transactions, potentially strengthening the company’s financial standing and market presence, which could have significant implications for stakeholders and investors.
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.
Horizon Minerals Ltd has announced the issuance of 274,851,051 fully paid ordinary shares at an issue price of $0.043 each, as part of a two-tranche placement. This move, conducted under ASX Listing Rules 7.1 and 7.1A, signifies the company’s efforts to raise capital without disclosure to investors under Part 6D.2 of the Corporations Act. The issuance aligns with the company’s compliance with relevant provisions of the Corporations Act, indicating a strategic step in its financial operations. This development could potentially impact the company’s market positioning by enhancing its financial base, thereby influencing stakeholders’ perspectives.
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.
Horizon Minerals Ltd addressed a compliance issue with the ASX regarding the premature release of information about a capital raising. The company acknowledged that information was shared with the media before being officially announced to the ASX, due to a misunderstanding of disclosure rules. Horizon has a Continuous Disclosure Policy to ensure compliance with ASX regulations and plans to review and reinforce this policy to prevent future occurrences.
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.
Horizon Minerals Ltd announced the expiry of its listed options (ASX: HRZOB), which are exercisable at $0.097 each and will expire on June 30, 2025. Option holders have the choice to exercise, sell, or let their options lapse, with the official quotation ceasing on June 24, 2025. This announcement may impact the company’s stock liquidity and investor decisions as the options approach their expiration.
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.
Horizon Minerals Limited has announced a proposed issuance of up to 697,674,418 ordinary fully paid securities. This move is part of a placement or other type of issue, with the proposed issue date set for July 11, 2025. The issuance aims to support the company’s strategic initiatives and potentially strengthen its financial position, impacting its operations and market standing.
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.
Horizon Minerals Limited has successfully secured commitments for a two-tranche placement, raising approximately A$30 million to expedite its growth strategy. This funding will bolster the company’s working capital, enabling accelerated resource and exploration drilling, as well as refurbishment studies for the Black Swan processing plant. The placement introduces new institutional investors and supports ongoing mining operations at Boorara and Phillips Find, with potential implications for increased cash generation and debt retirement.
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.
Horizon Minerals Limited has requested a trading halt on its securities as it prepares to announce a proposed capital raising. This move is intended to allow the company to finalize necessary documentation and announcements related to the capital raising, which could have significant implications for its financial strategy and market positioning.
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.
Horizon Minerals Ltd announced the issuance of 4,495 fully paid ordinary shares, which are set to be quoted on the Australian Securities Exchange (ASX) under the code HRZ. This move reflects the company’s ongoing efforts to enhance its capital structure and potentially improve its market position, which could have implications for its stakeholders by potentially increasing the liquidity of its shares.
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.
Horizon Minerals Ltd has issued 50.9 million fully paid ordinary shares at $0.04 each under a convertible loan agreement with Nebari Gold Fund, LP, as approved by shareholders. This move, conducted without disclosure under the Corporations Act, aligns with the company’s strategic financial arrangements and Nebari has already organized an off-market trade for the entire block of shares, indicating a potential shift in stakeholder dynamics.
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.
Horizon Minerals Ltd has announced the issuance of 50,900,000 fully paid ordinary shares, which will be quoted on the ASX under the code HRZ. This move is part of the company’s strategy to enhance its capital structure, potentially impacting its market positioning and providing opportunities for stakeholders.
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.
Horizon Minerals Limited has announced a proposed issue of 50,900,000 ordinary fully paid securities, with the issuance date set for May 13, 2025. This strategic move is likely aimed at raising capital to support the company’s operations and growth initiatives, potentially impacting its market position and offering new opportunities for stakeholders.
Horizon Minerals Ltd has released a presentation outlining its position as a standalone gold producer, emphasizing its focus on mineral resource estimates and ore reserves. The presentation includes forward-looking statements about future earnings, cash flow, and financial performance, highlighting the inherent risks and uncertainties in the mining sector. The company aims to strengthen its industry positioning by addressing potential challenges such as obtaining regulatory approvals and managing market fluctuations.
Horizon Minerals Limited announced the quotation of 24,415 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code HRZ, effective from May 2, 2025. This move is part of the company’s ongoing efforts to enhance its capital structure and potentially improve liquidity, which could have positive implications for its market positioning and stakeholder confidence.
Horizon Minerals Limited has announced the appointment of Mr. Rob Waugh as a Non-Executive Director, effective May 1, 2025. With over 35 years of experience in the resources sector, particularly in gold and base metals, Mr. Waugh’s expertise is expected to be instrumental as Horizon embarks on significant drilling programs to grow its 1.8 million-ounce resource base. His previous roles include senior management positions at WMC Resources and BHP Billiton, and he recently led Musgrave Minerals to a successful acquisition. This strategic board appointment is anticipated to bring valuable insights and leadership to Horizon’s growth phase, potentially impacting its operations and market positioning positively.
Horizon Minerals Ltd reported its quarterly cash flow, highlighting a significant net cash outflow from operating activities amounting to $7.48 million, primarily due to production costs. Despite this, the company secured $9.545 million from financing activities, indicating a strategic move to bolster its financial position amid operational challenges.
Horizon Minerals Limited announced its first gold pours from the Boorara and Phillips Find projects, generating significant revenue through ore sale and toll milling agreements. The company completed a merger with Poseidon Nickel Limited, acquiring key infrastructure assets, and is progressing towards becoming a standalone gold producer with plans for further exploration and development activities in the upcoming quarter.
Horizon Minerals Limited has announced an updated Mineral Resource Statement following its merger with Poseidon Nickel Limited. The company’s resources now include 1.8 million ounces of gold, 20.2 million ounces of silver, 104,000 tonnes of zinc, 422,000 tonnes of nickel, and 7,800 tonnes of cobalt. This merger adds significant nickel resources and infrastructure, such as the Black Swan plant, which will be converted to support gold production. The company aims for sustained gold production and cash flow, with plans for further resource expansion through mergers and acquisitions and drilling activities.