Horizonte Minerals Plc (LON:HZM) Insider Simon Retter Purchases 462,993 Shares of Stock

Horizonte Minerals Plc (LON:HZM) insider Simon Retter acquired 462,993 shares of the stock in a transaction dated Friday, December 6th. The shares were bought at an average cost of GBX 3 ($0.04) per share, with a total value of £13,889.79 ($18,271.23).

HZM stock opened at GBX 3.15 ($0.04) on Wednesday. The business has a 50 day moving average price of GBX 3.77 and a 200 day moving average price of GBX 3.12. The stock has a market cap of $45.56 million and a price-to-earnings ratio of -31.50. Horizonte Minerals Plc has a fifty-two week low of GBX 1.66 ($0.02) and a fifty-two week high of GBX 6.98 ($0.09).

Separately, Numis Securities restated a “buy” rating on shares of Horizonte Minerals in a research note on Friday, September 20th.

Horizonte Minerals Company Profile

Horizonte Minerals Plc, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of nickel mineral projects in Brazil. The company owns interest in the Araguaia nickel project, a nickel laterite project located to the south of the Carajàs mineral district in northern Brazil; and the Vermelho nickel-cobalt project located in the Carajás mineral district of northern Brazil.

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