Horizon Copper’s Arrangement with Royal Gold Receives Court Approval

Royalty North ( (TSE:HCU) ) has provided an announcement.

Horizon Copper Corp. has received final court approval for its arrangement with Royal Gold, Inc., allowing Royal Gold to acquire all issued and outstanding shares of Horizon, excluding those held by Sandstorm Gold Ltd. Horizon shareholders will receive C$2.00 per share, and the transaction is expected to close on October 20, 2025. Post-transaction, Horizon plans to delist from the TSX Venture Exchange and apply to cease being a reporting issuer, marking a significant shift in its market presence.

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 leading copper company with a portfolio that includes 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: 157,864

Technical Sentiment Signal: Buy

Current Market Cap: C$180.7M

For an in-depth examination of HCU stock, go to TipRanks’ Overview page.