Horizonte Minerals’ (HZM) “Corporate” Rating Reiterated at FinnCap

FinnCap reiterated their corporate rating on shares of Horizonte Minerals (LON:HZM) in a research report released on Tuesday, December 19th. The brokerage currently has a GBX 8 ($0.11) target price on the stock.

A number of other equities analysts also recently weighed in on the stock. reaffirmed a corporate rating and set a GBX 8 ($0.11) target price on shares of Horizonte Minerals in a research note on Tuesday, November 7th. Shore Capital reiterated a not rated rating on shares of Horizonte Minerals in a report on Tuesday, August 29th.

Shares of Horizonte Minerals (HZM) traded down GBX 0.04 ($0.00) during trading hours on Tuesday, hitting GBX 4.53 ($0.06). 1,747,049 shares of the stock traded hands, compared to its average volume of 2,100,000. Horizonte Minerals has a 52-week low of GBX 2.25 ($0.03) and a 52-week high of GBX 5.20 ($0.07).

In other Horizonte Minerals news, insider Allan Walker purchased 500,000 shares of the company’s stock in a transaction dated Thursday, December 21st. The shares were acquired at an average price of GBX 5 ($0.07) per share, for a total transaction of £25,000 ($33,902.90).

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Horizonte Minerals 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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