Horizonte Minerals (LON:HZM) Stock Rating Reaffirmed by FinnCap

FinnCap reiterated their corporate rating on shares of Horizonte Minerals (LON:HZM) in a report issued on Tuesday, December 19th. They currently have a GBX 8 ($0.11) price objective on the stock.

HZM has been the topic of several other reports. reaffirmed a corporate rating and set a GBX 8 ($0.11) price objective on shares of Horizonte Minerals in a report on Tuesday, November 7th. Shore Capital reaffirmed a not rated rating on shares of Horizonte Minerals in a report on Tuesday, August 29th.

Horizonte Minerals (LON HZM) traded up GBX 0.12 ($0.00) during mid-day trading on Tuesday, hitting GBX 4.57 ($0.06). The stock had a trading volume of 3,807,110 shares, compared to its average volume of 2,100,000. Horizonte Minerals has a 12-month low of GBX 2.25 ($0.03) and a 12-month high of GBX 5.20 ($0.07).

In related news, insider Allan Walker bought 500,000 shares of the business’s stock in a transaction dated Thursday, December 21st. The shares were purchased at an average price of GBX 5 ($0.07) per share, with a total value 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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