Horizon Minerals Ltd (HRZ) AI Stock Analysis

• Market Cap: €307.81M
• Dividend Yield: N/A
• Average Volume (3M): 11.24M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.69
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: 1
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): -0.17
• Shares Outstanding: 205,494,720
• 10 Day Avg. Volume: 13,597,938
• 30 Day Avg. Volume: 11,242,896
• PEG Ratio: -0.01
• Price to Book (P/B): 1.92
• Price to Sales (P/S): 4.37
• P/FCF Ratio: -6.39
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €0.14
• Price Target Upside: -90.13% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: AU$1.50 ▲(8.70% Upside)

The score is held back primarily by weak financial performance (declining/volatile revenue, persistent losses, and negative operating cash flow). Strong technical uptrend and positive momentum provide support, but near-overbought indicators add risk. Valuation is also constrained by negative earnings and no dividend yield data.

Positive Factors

Conservative leverage

A low debt-to-equity ratio provides enduring financial flexibility, lowering refinancing and interest burden risk. For a resource developer, conservative leverage preserves ability to fund exploration or development through cycles and reduces insolvency risk during prolonged commodity downturns.

Improving FCF conversion

Improving free cash flow conversion signals better cash generation efficiency and potential to self-fund parts of the development pipeline. Over months, stronger FCF conversion can reduce dilution pressure, support capital allocation, and validate management's operational improvements.

Focused regional portfolio

A concentrated land position in the Kalgoorlie gold district offers structural advantages: established infrastructure, skilled services, and proven geology. This focus can increase exploration success odds and lower execution risk versus dispersed, undeveloped jurisdictions over the medium term.

Negative Factors

Sustained negative profitability

Persistent negative profitability erodes equity and limits reinvestment capacity. Over 2-6 months this structural weakness forces reliance on external funding, raises dilution or asset-sale risk, and undermines the company's ability to progress projects toward development without new capital.

Negative operating cash flow

Ongoing negative operating cash flow indicates core activities are not self-funding. This durable weakness increases sensitivity to capital markets, constrains exploration and development spending, and elevates execution risk for advancing tenements to commercial outcomes.

Highly volatile revenue trend

Extreme revenue volatility complicates long-range planning and capital allocation. Such swings undermine predictability of cash generation, make project financing harder to secure, and heighten the chance management must delay or dilute projects to cover operating shortfalls.

Horizon Minerals Ltd Business Overview & Revenue Model

Company Description

Horizon Minerals Limited engages in the exploration and development of mineral properties in Australia. It explores for gold, nickel, copper, vanadium, molybdenum, silver, and zinc deposits The company operates 100% owned gold projects in the Kalgoorlie and Coolgardie regions. The company also holds 100% interest in the Nimbus silver-zinc project; and the Boorara gold project located in the east of Kalgoorlie, as well as has joint venture at the Richmond vanadium project located in Queensland. In addition, it holds a 50% interest in the Penny's Find gold project; and 100% interest in the Cannon, Glandore, and Cowarna gold projects. The company was formerly known as Intermin Resources Limited and changed its name to Horizon Minerals Limited in July 2019. Horizon Minerals Limited was incorporated in 1974 and is based in Nedlands, Australia.

How the Company Makes Money

Horizon Minerals Ltd generates revenue primarily through the extraction and sale of gold. The company focuses on developing its mineral projects to transition from exploration to production, where it can monetize its resources. Key revenue streams include gold sales from its operational mines, royalties from mineral production, and any potential joint ventures or partnerships that may provide additional funding or shared profits. Additionally, HRZ may engage in strategic partnerships with other mining companies or investors, which could contribute to its earnings through collaborative exploration and development efforts.

Horizon Minerals Ltd Financial Statement Overview

Summary

Financials are weak: revenue has been highly volatile with a sharp recent decline, profitability remains consistently negative (net, EBIT, EBITDA margins), and operating cash flow is negative. Low leverage (debt-to-equity 0.096) is a positive, but negative ROE and ongoing losses outweigh it.

Income Statement

Horizon Minerals Ltd has experienced significant volatility in its revenue growth, with a drastic decline of 1656.94% in the most recent year. The company has consistently reported negative net profit margins, indicating ongoing profitability challenges. The EBIT and EBITDA margins are also negative, reflecting operational inefficiencies. Despite a brief period of revenue growth in 2021, the overall trajectory remains concerning.

Balance Sheet

The company's debt-to-equity ratio is relatively low at 0.096, suggesting conservative leverage. However, the return on equity is negative, indicating that the company is not generating sufficient returns on shareholder investments. The equity ratio is stable, but the overall financial health is weakened by consistent losses.

Cash Flow

Horizon Minerals Ltd has shown improvement in free cash flow growth, but operating cash flow remains negative, indicating cash management issues. The free cash flow to net income ratio is positive, suggesting some efficiency in converting earnings to cash, but the overall cash flow position is weak due to negative operating cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	36.85M	36.85M	6.61M	81.88K	3.32M	17.85M
Gross Profit	-7.00M	6.28M	6.61M	81.25K	1.26M	3.36M
EBITDA	-11.93M	-10.53M	-1.70M	-195.41K	-27.54M	3.03M
Net Income	-23.85M	-23.85M	-3.46M	-1.01M	-28.03M	2.45M
Balance Sheet
Total Assets	195.01M	195.01M	58.93M	44.74M	46.48M	66.45M
Cash, Cash Equivalents and Short-Term Investments	15.70M	15.70M	4.29M	5.62M	5.41M	11.32M
Total Debt	8.11M	8.11M	8.23M	6.97M	86.20K	133.94K
Total Liabilities	110.94M	110.94M	12.66M	9.44M	6.48M	2.38M
Stockholders Equity	84.07M	84.07M	46.27M	35.29M	40.00M	64.07M
Cash Flow
Free Cash Flow	-22.08M	-25.20M	-7.08M	-13.04M	-9.25M	-7.09M
Operating Cash Flow	-15.41M	-15.17M	-4.30M	-6.81M	-2.39M	6.05M
Investing Cash Flow	-6.13M	-6.13M	3.75M	-3.96M	-7.13M	-10.96M
Financing Cash Flow	33.30M	32.70M	-785.67K	10.98M	3.62M	10.33M

Horizon Minerals Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.38
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HRZ, the sentiment is Positive. The current price of 1.38 is above the 20-day moving average (MA) of 1.29, above the 50-day MA of 1.14, and above the 200-day MA of 0.91, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 71.16 is Negative, neither overbought nor oversold. The STOCH value of 83.16 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:HRZ.

Horizon Minerals Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RND	80 Outperform	AU$159.25M	12.13	13.04%	4.01%	24.48%	97.18%
FML	64 Neutral	AU$1.18B	29.44	22.29%	―	117.95%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
BCN	52 Neutral	AU$452.43M	-32.23	-20.84%	―	11.43%	-238.93%
VTM	51 Neutral	AU$169.38M	-37.38	-27.81%	―	―	-35.98%
HRZ	49 Neutral	€307.81M	-6.80	―	―	―	―
TGM	48 Neutral	AU$240.71M	-18.03	-454.45%	―	―	15.86%

Horizon Minerals Ltd Corporate Events

Horizon Minerals Seeks ASX Quotation for Additional Ordinary Shares

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.

Horizon Minerals Extends High-Grade Gold Intercepts at Burbanks as Phase 1 Drilling Advances

Horizon Minerals has reported further strong results from Phase 1 diamond drilling at its Burbanks gold project, with 75% of the 15,000m program now completed and recent assays confirming multiple high-grade gold intercepts, including 2.00m at 235.7g/t gold. The latest results, which follow previously reported ultra high-grade hits, reinforce the continuity and extension of mineralisation between key resource areas, support mine-feed planning for the Black Swan processing hub through newly completed metallurgical holes, and strengthen confidence in Burbanks as a significant high-grade source of ore as drilling resumes to complete the Phase 1 program.

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.

Horizon Minerals Grants Long-Term Incentive Rights to Align Management with Shareholders

Horizon Minerals has granted 871,292 long-term incentive performance rights to senior management and staff under its shareholder-approved Employee Incentive Scheme and plans to issue an additional 355,406 rights to Managing Director and CEO Grant Haywood, subject to shareholder approval. The performance rights, which convert into ordinary shares for nil consideration upon vesting, are structured around increases in group ore reserves and total shareholder return metrics through to 30 June 2028, aiming to align executives’ and employees’ interests with shareholders and support the company’s strategic growth in the gold sector.

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.

Horizon Minerals Issues 871,292 Unquoted Performance Rights Under Employee Incentive Scheme

Horizon Minerals Limited has issued 871,292 unquoted performance rights under its employee incentive scheme, effective 20 January 2026. The new performance rights, which are not intended to be quoted on the ASX, serve to reward and retain key staff and management, reinforcing the company’s use of equity-based compensation to support execution of its strategy and potentially enhance long-term shareholder alignment.

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.

Horizon Minerals Seeks ASX Quotation for 16,746 New Ordinary Shares

Horizon Minerals Limited has applied for the quotation of 16,746 new ordinary fully paid shares on the Australian Securities Exchange, with an issue date of 16 January 2026. The modest increase in quoted securities, arising from the exercise or conversion of existing options or other convertible instruments, marginally expands Horizon’s equity base and free float, reflecting routine capital management rather than a major shift in the company’s funding or operational strategy.

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.

Horizon Minerals Finalises $35m Sale Deal for Lake Johnston Project

Horizon Minerals has executed a formal Asset Sale Agreement, via its wholly owned subsidiary Poseidon Nickel, to divest its 100%-owned Lake Johnston Project to Forrestania Resources for total consideration of $35 million. The revised terms comprise $10 million in non-refundable cash already received, a further $20 million in cash on completion, and $5 million in Forrestania shares to be issued at completion, with the transaction expected to close following Forrestania’s shareholder meeting on 12 January 2026, potentially strengthening Horizon’s balance sheet and providing capital for redeployment into its core projects.

The most recent analyst rating on (AU:HRZ) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.

Horizon Delays Black Swan Feasibility to Test Higher-Throughput Gold Scenario

Horizon Minerals has revised the timeline for completing feasibility work on converting the Black Swan nickel processing plant into a gold plant and finalising a Life of Mine plan. The pre-feasibility study and associated mining studies to support at least a five-year operation at 1.5Mtpa are largely complete, but recent gold price strength and the prospect of a mine life beyond five years have prompted the company to run additional scheduling scenarios at the plant’s higher nameplate capacity of 2.2Mtpa, pushing delivery of the study into the first half of the March 2026 quarter and signalling potential for a larger, longer-duration operation than originally envisaged.

The most recent analyst rating on (AU:HRZ) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.

Horizon Minerals Applies for Quotation of Additional Ordinary Shares

Horizon Minerals Limited has lodged an application with the ASX for the quotation of 820 new ordinary fully paid shares following the exercise or conversion of existing options or other convertible securities. The modest increase in quoted securities, effective 23 December 2025, slightly expands the company’s issued capital base but is not expected to materially affect its capital structure or shareholder positions.

The most recent analyst rating on (AU:HRZ) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.

Horizon Minerals Reports Exceptional High-Grade Gold Intersections at Burbanks

Horizon Minerals Limited has reported exceptional high-grade drill results from its Phase 1 drilling program at the Burbanks gold project. The results, including a remarkable intersection of 0.3m at 5,848g/t Au, underscore the project’s potential to expand high-grade gold resources. This development is pivotal for Horizon’s strategy to enhance high-margin gold feed to its Black Swan processing plant, potentially impacting its market positioning and stakeholder value.

The most recent analyst rating on (AU:HRZ) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.

Horizon Minerals Strengthens Leadership with Key Appointment

Horizon Minerals Limited has appointed Christian Price as General Manager of Corporate Development, a strategic move to bolster its growth strategy. With 20 years of experience in mining and corporate leadership, Price’s expertise is expected to enhance Horizon’s development opportunities and solidify its standing in the Eastern Goldfields of Western Australia.

The most recent analyst rating on (AU:HRZ) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.

Black Cat Syndicate Expands Lakewood Operations with Strategic Tenement Acquisition

Black Cat Syndicate Limited has acquired 90 square kilometers of tenements near its Lakewood processing facility, a strategic move aimed at extending its tailings storage capacity to over 20 years and supporting a planned expansion of processing capacity to 1.5 million tonnes per annum. This acquisition is expected to facilitate increased gold production and operational growth, with a study on the expansion underway and results anticipated in the March 2026 quarter.

The most recent analyst rating on (AU:HRZ) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.

Horizon Minerals Completes Capital Consolidation

Horizon Minerals Ltd has completed a consolidation of its issued capital on a fifteen-to-one basis, as approved by shareholders. This restructuring aims to streamline the company’s capital structure, with the post-consolidation capital consisting of 205,455,193 fully paid ordinary shares and various unquoted securities. This move is expected to enhance the company’s market positioning and potentially impact shareholder value positively. Trading of the consolidated securities will begin on December 18, 2025.

The most recent analyst rating on (AU:HRZ) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.

Horizon Minerals Signs Landmark Land Use Agreement with Marlinyu Ghoorlie

Horizon Minerals Limited has signed a landmark Land Use Agreement with the Marlinyu Ghoorlie Native Title Claimant Group, covering the majority of its tenure in the eastern goldfields region of Western Australia. This agreement establishes protocols for heritage surveys and site protection, facilitating the advancement of Horizon’s projects while ensuring the protection of Aboriginal Cultural Heritage. The collaboration is aimed at fostering a relationship of goodwill and mutual respect, which is expected to positively impact Horizon’s operations and stakeholder relations.

The most recent analyst rating on (AU:HRZ) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.

Horizon Minerals Director Acquires Additional Options

Horizon Minerals Limited announced a change in the director’s interest, specifically for Ashok Parekh, who has acquired 2,000,000 unlisted options at an exercise price of $0.12, expiring on 30 September 2028. This acquisition was approved by the company’s shareholders at the Annual General Meeting held on 28 November 2025, reflecting a strategic move to align the director’s interests with the company’s long-term goals and potentially impacting the company’s stock and stakeholder confidence.

The most recent analyst rating on (AU:HRZ) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.

Horizon Minerals Issues New Equity Securities for Employee Incentive

Horizon Minerals Limited announced the issuance of unquoted equity securities, including performance rights and options, as part of an employee incentive scheme. This move is likely aimed at motivating employees and aligning their interests with the company’s growth objectives, potentially impacting its operational efficiency and market competitiveness.

The most recent analyst rating on (AU:HRZ) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.

Horizon Minerals Secures Shareholder Approval at AGM

Horizon Minerals Limited announced the results of its Annual General Meeting held on November 28, 2025, where all resolutions were passed by a poll. This outcome reflects strong shareholder support and is likely to positively impact the company’s strategic initiatives and governance, reinforcing its industry positioning and operational plans.

The most recent analyst rating on (AU:HRZ) stock is a Hold with a A$0.07 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 Discusses Future Prospects Amidst Industry Challenges

Horizon Minerals Ltd held its Annual General Meeting on November 28, 2025, where it discussed various forward-looking statements regarding its future operations and financial performance. The company emphasized the inherent risks and uncertainties associated with its mineral resources and ore reserves estimates, highlighting potential challenges such as obtaining necessary licenses and permits, competition for resources, and market fluctuations. The company’s vision to become a ~100kozpa producer remains aspirational, dependent on factors like exploration success and feasibility studies.

The most recent analyst rating on (AU:HRZ) stock is a Hold with a A$0.07 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 to Quote New Securities on ASX

Horizon Minerals Ltd has announced the application for the quotation of 12,324 ordinary fully paid securities on the Australian Securities Exchange (ASX), with the issue date set for November 20, 2025. This move is part of the company’s strategic efforts to enhance its financial flexibility and strengthen its market position, potentially impacting stakeholders by increasing the liquidity of its shares.

The most recent analyst rating on (AU:HRZ) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.

Horizon Minerals Updates on Gold Projects and Financial Outlook

Horizon Minerals Ltd has provided an update on its Phillips Find and Boorara Gold Projects. At Phillips Find, the company has completed three processing campaigns, with mining nearing completion and ore stockpiled for processing. A Toll Milling Agreement has been executed to process high-grade ore, with treatment expected soon. At Boorara, mining is progressing well, but ore haulage has been reduced temporarily by the processing partner, delaying some cash flow into 2026. Despite this, the company anticipates strong cash flow from its stockpiles and a planned asset sale, strengthening its financial position.

The most recent analyst rating on (AU:HRZ) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.

Horizon Minerals to Present at Gold Sector Webinar

Horizon Minerals Limited has announced its participation in the RAAS Research Group Stock Take – Gold Special Webinar, scheduled for November 19, 2025. During the webinar, Horizon’s Managing Director and CEO, Grant Haywood, will present on the company’s operations and participate in a Q&A session, providing insights into the gold sector and the company’s strategic positioning. This event represents an opportunity for Horizon to engage with stakeholders and potentially strengthen its industry standing.

The most recent analyst rating on (AU:HRZ) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.

Horizon Minerals Divests Lake Johnston Project for $35M to Focus on Core Gold Assets

Horizon Minerals Limited has announced the divestment of its Lake Johnston Project to Forrestania Resources Limited for $35 million. This strategic move allows Horizon to focus on its core assets, particularly the Black Swan project, by using the funds to advance its development and potential mergers and acquisitions. The transaction is expected to complete by January 2026, and Horizon retains a stake in the Lake Johnston Project through shares in Forrestania, thereby maintaining potential future upside.

The most recent analyst rating on (AU:HRZ) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.

Horizon Minerals Expands with Gordons Dam Acquisition and Lake Johnston Offers

Horizon Minerals Ltd has issued 37,573,385 fully paid ordinary shares to Yandal Resources Limited as part of the acquisition of the Gordons Dam Project. Additionally, Horizon has received multiple unsolicited offers for its 100%-owned Lake Johnston project, which has a history of nickel production. The company is currently in negotiations regarding these offers, though no transaction has been finalized. The outcome of these negotiations could impact Horizon’s operations and market positioning, particularly in the nickel mining sector.

The most recent analyst rating on (AU:HRZ) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.

Horizon Minerals Completes Strategic Acquisition of Gordons Dam Project

Horizon Minerals Limited has completed the acquisition of the Gordons Dam Project from Yandal Resources Limited, encompassing 34 mining licenses over approximately 77 km2 in the Western Australian goldfields. This acquisition, which involved a cash payment and issuance of shares to Yandal, strategically enhances Horizon’s portfolio by adding prospective gold tenures near its Black Swan processing facility, positioning the company for future exploration and drilling activities in 2026.

The most recent analyst rating on (AU:HRZ) stock is a Buy with a A$0.18 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 Announces Quotation of New Securities

Horizon Minerals Ltd has announced the application for the quotation of 37,573,385 ordinary fully paid securities on the Australian Securities Exchange (ASX), as part of a previously announced transaction. This move is expected to enhance the company’s liquidity and provide additional capital for its ongoing projects, potentially strengthening its market position and offering benefits to its stakeholders.

The most recent analyst rating on (AU:HRZ) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.

Horizon Minerals Completes Convertible Loan Repayment with Share Issuance

Horizon Minerals Ltd has announced the issuance of 49,215,850 fully paid ordinary shares to Nebari Gold Fund 1, LP at a price of $0.04 per share. This issuance serves as the final repayment of a Convertible Loan Facility approved by shareholders in 2022, marking the full repayment of the principal amount. Additionally, the company issued 51,378 shares following the exercise of unlisted options. These actions reflect Horizon’s compliance with relevant corporate regulations and signify a strategic financial maneuver to strengthen its capital structure.

The most recent analyst rating on (AU:HRZ) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.

Horizon Minerals Issues New Securities to Enhance Market Position

Horizon Minerals Limited has announced the issuance of 51,378 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code HRZ. This move is part of the company’s strategy to optimize its capital structure and potentially improve its liquidity position, which could have implications for its operational capabilities and market competitiveness.

The most recent analyst rating on (AU:HRZ) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.

Horizon Minerals Issues New Shares Following Convertible Loan Conversion

Horizon Minerals Ltd has announced the issuance of 49,215,850 fully paid ordinary shares following a Notice of Conversion from the Nebari Gold Fund. This move is part of a Convertible Loan approved by shareholders, which could impact the company’s capital structure and potentially enhance its financial flexibility.

The most recent analyst rating on (AU:HRZ) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.