Horizon North Logistics’ (HNL) “Buy” Rating Reaffirmed at Beacon Securities
Separately, Raymond James Financial, Inc. boosted their price objective on shares of Horizon North Logistics from C$1.75 to C$2.00 in a research note on Thursday, August 17th.
Horizon North Logistics (TSE:HNL) traded up 2.27% during midday trading on Wednesday, hitting $1.35. 140,203 shares of the company were exchanged. Horizon North Logistics has a 1-year low of $1.16 and a 1-year high of $2.35. The stock has a 50 day moving average of $1.28 and a 200 day moving average of $1.47. The firm’s market capitalization is $195.27 million.
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The company also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Saturday, September 30th will be issued a $0.02 dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.08 annualized dividend and a yield of 5.93%.
Horizon North Logistics Company Profile
Horizon North Logistics Inc (Horizon North) is a Canada-based is a remote resource development service company. The Company provides workforce accommodation solutions, camp management and catering services, and road and access matting solutions. The Company’s segments include Camps & Catering, Matting and Corporate.
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