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Horizon Minerals Ltd (DE:I6R)
:I6R

Horizon Minerals Ltd (I6R) AI Stock Analysis

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Horizon Minerals Ltd (I6R) vs. iShares MSCI Germany ETF (EWG)

Horizon Minerals Ltd Business Overview & Revenue Model

Company DescriptionHorizon 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 Financial Statement Overview

Summary
Horizon Minerals Ltd faces significant financial challenges, with inconsistent revenue, ongoing profitability issues, and negative cash flows. The balance sheet shows moderate leverage, but there are concerns about asset management and liquidity.
Income Statement
42
Neutral
Horizon Minerals Ltd has shown inconsistent revenue trends with significant fluctuations over the years. Despite a notable increase in revenue in the latest year, the company still reports negative EBIT and net income, indicating continued operational challenges. Margins remain negative, highlighting ongoing profitability issues.
Balance Sheet
55
Neutral
The company's balance sheet reveals moderate leverage with a debt-to-equity ratio that remains manageable. However, the decline in stockholders' equity and total assets over recent years suggests potential challenges in asset management. The equity ratio remains relatively strong, indicating a reasonable level of financial stability.
Cash Flow
48
Neutral
Cash flow analysis shows negative operating and free cash flows, impacting the company's liquidity position. Although there has been a reduction in negative free cash flow, the company's ability to generate positive cash flow from operations remains a concern. Investment activities have been significant, but financing activities have not fully offset the negative cash flow.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
-2.37M6.61M81.88K3.32M17.85M62.56K
Gross Profit
-2.39M6.61M81.25K1.26M3.36M-66.24K
EBIT
-7.68M-3.37M-9.39M-2.55M1.60M1.29M
EBITDA
-4.95M-1.70M-242.68K-27.54M3.03M1.42M
Net Income Common Stockholders
-9.20M-3.46M-1.01M-28.03M2.45M1.04M
Balance SheetCash, Cash Equivalents and Short-Term Investments
10.18M4.29M5.62M5.41M11.32M5.90M
Total Assets
84.38M58.93M44.74M46.48M66.45M55.15M
Total Debt
9.56M8.23M6.97M86.20K133.94K4.42M
Net Debt
-627.11K3.94M1.34M-5.32M-11.18M-1.48M
Total Liabilities
29.31M12.66M9.44M6.48M2.38M8.73M
Stockholders Equity
55.08M46.27M35.29M40.00M64.07M46.42M
Cash FlowFree Cash Flow
-11.51M-7.08M-13.04M-9.25M-7.09M-6.46M
Operating Cash Flow
-8.95M-4.30M-6.81M-2.39M6.05M-2.08M
Investing Cash Flow
1.29M3.75M-3.96M-7.13M-10.96M-2.63M
Financing Cash Flow
12.32M-785.67K10.98M3.62M10.33M5.66M

Horizon Minerals Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
DEI6R
€71.86M
51
Neutral
$2.02B-1.14-21.37%3.64%2.88%-30.57%
$19.49B25.1411.01%2.41%
$804.16M41.67-5.02%
$11.52B25.2016.97%1.37%
$2.39B-0.38%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
DE:I6R
Horizon Minerals Ltd
0.02
>-0.01
-33.33%
NESRF
Northern Star Resources Ltd
13.70
4.71
52.39%
RMGGF
Resolute Mining
0.34
-0.08
-19.05%
CAHPF
Evolution Mining
6.10
3.61
144.98%
RGRNF
Regis Resources Limited
3.04
1.76
137.50%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.