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The latest update is out from Royalty North ( (TSE:HCU) ).
Horizon Copper Corp. has announced that leading independent proxy advisory firms, including Institutional Shareholder Services Inc., have recommended that its securityholders vote in favor of a proposed arrangement with Royal Gold, Inc. This arrangement offers a significant 72.4% premium to Horizon’s share price on the unaffected date, providing immediate value to shareholders. The Board of Directors of Horizon unanimously supports the resolution, which will be voted on at a special meeting scheduled for October 9, 2025.
The most recent analyst rating on (TSE:HCU) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Royalty North stock, see the TSE:HCU Stock Forecast page.
Spark’s Take on TSE:HCU Stock
According to Spark, TipRanks’ AI Analyst, TSE:HCU is a Neutral.
The overall score reflects significant financial challenges and valuation concerns, partially offset by positive corporate events and technical indicators. The financial instability and negative P/E ratio are major risks, while the strategic acquisition and drill results provide some optimism for future growth.
To see Spark’s full report on TSE:HCU stock, click here.
More about Royalty North
Horizon Copper is a premier copper company with a diverse portfolio of copper assets, including a 1.66% net profits interest in the Antamina copper mine, a 24% equity ownership in Entrée Resources Ltd. for exposure to the Oyu Tolgoi copper mine, and a 30% interest in the copper-gold Hod Maden project.
Average Trading Volume: 241,173
Technical Sentiment Signal: Buy
Current Market Cap: C$178M
For detailed information about HCU stock, go to TipRanks’ Stock Analysis page.