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HRN Stock Chart & Stats
AU$0.83
AU$0.02(3.23%)
At close: 4:00 PM EST
AU$0.83
AU$0.02(3.23%)
Day’s Range― - ―
52-Week RangeAU$0.68 - AU$1.63
Previous CloseN/A
Volume3.00
Average Volume (3M)31.46K
Market Cap
AU$219.59M
Enterprise ValueAU$158.64M
Total Cash (Recent Filing)AU$24.05M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.75
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding195,192,500
10 Day Avg. Volume26,889
30 Day Avg. Volume31,460
Financial Highlights & Ratios
PEG Ratio-1.24
Price to Book (P/B)2.53
Price to Sales (P/S)0.00
P/FCF Ratio-80.07
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$2.43Price Target Upside192.17% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Minimal DebtMinimal leverage reduces refinancing exposure and preserves financial flexibility while the company advances its exploration portfolio. A debt-light structure can also limit fixed financial obligations, allowing more capital to remain available for geological work, studies, and project development.
Expanded Equity And Asset BaseGrowth in equity and total assets indicates that the company has added capital and/or project assets to support its longer-term strategy. This provides a broader resource base for exploration and development, although returns will depend on converting those assets into productive operations.
Gold Project Advancement StrategyA focused exploration and development model gives Horizon Gold a defined pathway for creating value before production, through resource definition, development studies, and potential transactions. Success in advancing assets can improve strategic relevance and create multiple routes to realise project value.
Bears Say
Pre-Revenue ProfileZero revenue confirms that Horizon Gold has not yet reached a producing phase, so its activities are not currently supported by operating income. Until a project advances into production or another value-realisation event, financial performance remains highly dependent on funding and exploration progress.
Persistent Cash BurnContinued negative operating and free cash flow means the company is consuming cash rather than funding exploration internally. Even with improvement in free cash flow, ongoing burn can increase reliance on external capital and constrain the pace or scale of project advancement before operations begin.
Widening Losses And Negative ReturnsWidening losses and persistently negative operating profitability show that the larger equity base is not yet generating shareholder returns. This limits near-term earnings visibility and indicates that meaningful operating leverage depends on successfully developing a producing asset or completing a value-realisation transaction.
Horizon Gold Ltd News
HRN FAQ
What was Horizon Gold Ltd’s price range in the past 12 months?
Horizon Gold Ltd lowest share price was AU$0.68 and its highest was AU$1.63 in the past 12 months.
What is Horizon Gold Ltd’s market cap?
Horizon Gold Ltd’s market cap is AU$219.59M.
When is Horizon Gold Ltd’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Horizon Gold Ltd’s earnings last quarter?
Currently, no data Available
Is Horizon Gold Ltd overvalued?
According to Wall Street analysts Horizon Gold Ltd’s price is currently Undervalued.
Does Horizon Gold Ltd pay dividends?
Horizon Gold Ltd does not currently pay dividends.
What is Horizon Gold Ltd’s EPS estimate?
Horizon Gold Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Horizon Gold Ltd have?
Horizon Gold Ltd has 195,192,500 shares outstanding.
What happened to Horizon Gold Ltd’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Horizon Gold Ltd?
Currently, no hedge funds are holding shares in AU:HRN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Horizon Gold Ltd Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
AU$2.43 (192.17% Upside)
AU$2.43 (192.17% Upside)
Blogger Sentiment
Bullish
AU:HRN Sentiment 100%
Sector Average 68%
Sector Average 68%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
45.16%
12-Months-Change
Fundamentals
Return on Equity
-3.46%
Trailing 12-Months
Asset Growth
83.45%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Horizon Gold Ltd
Horizon Gold Limited is an Australian company focused on the full lifecycle of gold resources, from identifying and appraising potential sites to developing and operating mines. Its key asset is the Gum Creek gold project, which encompasses approximately 668 square kilometers situated in the Southern Cross Province of Western Australia's Youanmi Terrane. Founded in 2016, the company's corporate headquarters are located in West Perth, Australia, and it operates as a subsidiary of Zeta Resources Limited.
HRN Stock 12 Month Forecast
Average Price Target
AU$2.43
▲(192.17% Upside)
Technical Analysis
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