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Horizon Minerals Ltd Issues New Shares to Strengthen Capital Structure

Story Highlights
  • Horizon Minerals Ltd operates in the mining industry, focusing on mineral exploration.
  • The company issued 50,900,000 shares to enhance its capital structure and market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Horizon Minerals Ltd ( (AU:HRZ) ) has issued an update.

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.

More about Horizon Minerals Ltd

Horizon Minerals Ltd is a company operating in the mining industry, primarily focused on the exploration and development of mineral resources.

Average Trading Volume: 7,157,079

Technical Sentiment Signal: Hold

Current Market Cap: A$124.1M

For detailed information about HRZ stock, go to TipRanks’ Stock Analysis page.

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