Horizonte Minerals Plc (HZM) Price Target Cut to GBX 12
Horizonte Minerals Plc (LON:HZM) had its price objective decreased by FinnCap from GBX 15 ($0.20) to GBX 12 ($0.16) in a research report issued to clients and investors on Monday. The firm presently has a “corporate” rating on the stock. FinnCap’s target price would suggest a potential upside of 410.64% from the stock’s previous close.
Shares of Horizonte Minerals Plc (LON:HZM) opened at 2.28 on Monday. Horizonte Minerals Plc has a 52 week low of GBX 1.40 and a 52 week high of GBX 3.00. The firm’s market capitalization is GBX 15.30 million. The stock has a 50 day moving average price of GBX 2.16 and a 200 day moving average price of GBX 2.15.
Horizonte Minerals Plc Company Profile
Horizonte Minerals PLC is a United Kingdom-based nickel development company. The Company owns the advanced Araguaia nickel laterite project located to the south of the Carajas mineral district of northern Brazil. The Araguaia project area consists of approximately 20 exploration licenses totaling approximately 110,170 hectares.
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