Confident Investing Starts With TipRanks Premium

Get 55% Off
TipRanks
Go Ultimate55% OFF

Horizon Gold Ltd (HRN) Share Price & Analysis

13 Followers

HRN Stock Chart & Stats

A$1.16A$0.06(5.94%)
At close: 4:00 PM GMT+11
AU$1AU$1.1Aug 10Aug 24Sep 7Sep 21Oct 5Oct 19Nov 2
Day’s Range
AUD 1.10 - AUD 1.16
52-Week Range
AUD 0.70 - AUD 1.63
Previous Close
AUD 1.10
Volume
N/A
Average Volume (3M)
27.16K
Market Cap
AUD 215.38M
Enterprise Value
AUD 158.64M
Total Cash (Recent Filing)
AUD 24.05M
Total Debt (Recent Filing)
AUD 0
Price to Earnings (P/E)
―
Beta
0.82
Next Earnings
N/A
EPS Estimate
N/A
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Minimal Debt

Minimal 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 Base

Growth 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 Strategy

A 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 Profile

Zero 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 Burn

Continued 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 Returns

Widening 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$0.70 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$215.38M.
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?
Horizon Gold Ltd released its earnings results on Sep 22, 2026. The company reported -AU$0.011 earnings per share for the quarter.
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 196,692,500 shares outstanding.
What happened to Horizon Gold Ltd’s price movement after its last earnings report?
Horizon Gold Ltd reported an EPS of -AU$0.011 in its last earnings report. Following the earnings report the stock price went down -2.778%.
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