Horizon Minerals Ltd ( (AU:HRZ) ) has provided an update.
Horizon Minerals Ltd reported its quarterly cash flow, highlighting a significant net cash outflow from operating activities amounting to $7.48 million, primarily due to production costs. Despite this, the company secured $9.545 million from financing activities, indicating a strategic move to bolster its financial position amid operational challenges.
More about Horizon Minerals Ltd
Horizon Minerals Ltd is a company engaged in mining exploration, primarily focusing on gold production. The company operates within the mining industry, with its activities centered on exploration, evaluation, and production processes.
YTD Price Performance: 140.0%
Average Trading Volume: 27,390
Technical Sentiment Signal: Buy
Current Market Cap: €72.46M
See more insights into HRZ stock on TipRanks’ Stock Analysis page.