FinnCap Reiterates Corporate Rating for Horizonte Minerals Plc (HZM)
Horizonte Minerals Plc (LON:HZM)‘s stock had its “corporate” rating reissued by equities research analysts at FinnCap in a report released on Tuesday. They currently have a GBX 8 ($0.10) price objective on the stock. FinnCap’s price objective suggests a potential upside of 162.30% from the company’s previous close.
Separately, Shore Capital reissued a “not rated” rating on shares of Horizonte Minerals Plc in a report on Tuesday, August 29th.
Horizonte Minerals Plc (HZM) opened at 3.05 on Tuesday. Horizonte Minerals Plc has a 12 month low of GBX 1.85 and a 12 month high of GBX 3.55. The firm’s market capitalization is GBX 35.74 million. The firm has a 50 day moving average price of GBX 2.71 and a 200-day moving average price of GBX 2.66.
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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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